| 1 | UAL | United Airlines Holdings, Inc. | 4.92% |
| 2 | ETR: LHA | Deutsche Lufthansa AG | 4.75% |
| 3 | CPA | Copa Holdings, S.A. | 4.74% |
| 4 | RYAAY | Ryanair Holdings plc | 4.68% |
| 5 | DAL | Delta Air Lines, Inc. | 4.66% |
| 6 | TYO: 9201 | Japan Airlines Co., Ltd. | 4.56% |
| 7 | ALK | Alaska Air Group, Inc. | 4.54% |
| 8 | SKYW | SkyWest, Inc. | 4.52% |
| 9 | LON: IAG | International Consolidated Airlines Group S.A. | 4.49% |
| 10 | TSX: EIF | Exchange Income Corporation | 4.47% |
| 11 | AAL | American Airlines Group Inc. | 4.46% |
| 12 | ASX: QAN | Qantas Airways Limited | 4.42% |
| 13 | TYO: 9202 | ANA Holdings Inc. | 4.23% |
| 14 | LON: EZJ | easyJet plc | 4.16% |
| 15 | EPA: AF | Air France-KLM SA | 4.15% |
| 16 | SGX: C6L | Singapore Airlines Limited | 3.94% |
| 17 | TSX: AC | Air Canada | 3.74% |
| 18 | LUV | Southwest Airlines Co. | 3.72% |
| 19 | JBLU | JetBlue Airways Corporation | 3.47% |
| 20 | LON: WIZZ | Wizz Air Holdings Plc | 3.24% |
| 21 | OSL: NAS | Norwegian Air Shuttle ASA | 3.06% |
| 22 | TLV: ELAL | El Al Israel Airlines Ltd. | 2.68% |
| 23 | VTOL | Bristow Group Inc. | 2.13% |
| 24 | HKG: 0293 | Cathay Pacific Airways Limited | 1.85% |
| 25 | ALGT | Allegiant Travel Company | 1.75% |
| View AIRL holdings |