Which Airlines are Flying High in the Market?

Jacob Harper |

It’s the holiday season, everyone’s favorite time of year to pack into airports and fly across the country in a metal tube filled with 200 strangers. To commemorate the joyous (travel) season, we thought we’d look at how the eight major airline stocks had fared over the year.

The airline industry is an interesting one. To be sure, the profits are there for the taking, and a well-oiled airline company with well-established routes and a well-repaired fleet can really rake in the cash. However, commercial airline companies, even successful ones, can come crashing down in seemingly an instant. Take Pan Am, once the world’s largest commercial carrier. After decades atop the industry, a series of unfortunate events in the late '80s – notably a reputation for having their planes hijacked by terrorists at an alarming rate –crippled the company, and Pan Am was completely bankrupt by 1991.

In looking at how the major airline companies have fared in 2013, we found the majority of them were doing quite well, with healthy profit to earnings ratios and nice year-to-date gains. Here are the eight major airlines trading on the American market, and some details about their performance:

 

AAR Corp (AIR)

Market-Cap: $1.2 billion

Price: $31.11

P/E: 22.88

Performance YTD: +68.8 percent

 

China Eastern Airlines Corp Ltd. (CEA)

Market-Cap: $4.91 billion

Price: $21.18

P/E: 10.59

Performance YTD: +5.37 percent

 

Delta Airlines Inc. (DAL)

Market-Cap: $23.34 billion

Price: $28.60

P/E: 11.92

Performance YTD: +142.17 percent

 

US Airways Group, Inc. (LCC)

Market-Cap: $4.69 billion

Price: $24.27

P/E: 8.31

Performance YTD: +79.78 percent

 

Spirit Airlines (SAVE)

Market-Cap: $3.24 billion

Price: $44.62

P/E: 21.25

Performance YTD: +151.66 percent

 

United Continental Holdings, Inc. (UAL)

Market-Cap: $13.76 billion

Price: $38.54

P/E: N/A

Performance YTD: +64.84 percent

 

Controladora Vuela Compa (VLRS)

Market-Cap: $1.14 billion

Price: $14.24

P/E: 30.96

Performance YTD: +1.64 percent

 

China Southern Airlines Co. Ltd. (ZNH)

Market-Cap: $4.3 billion

Price: $21.88

P/E: 10.32

Performance YTD: -13.65 percent

 

 

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
UAL United Continental Holdings 75.17 2.43 3.34 5,148,603
DAL Delta Air Lines Inc. 51.78 0.43 0.84 8,526,732
SAVE Spirit Airlines Inc. 59.06 0.36 0.61 1,203,244
AIR AAR Corp. 38.31 0.32 0.84 202,652
VLRS Controladora Vuela Compania de Aviacion S.A.B. de 15.05 0.02 0.13 224,543
CEA China Eastern Airlines Corporation Ltd. 23.12 -0.36 -1.55 30,126
ZNH China Southern Airlines Company Limited 28.18 -0.46 -1.61 18,154
SGQZ Sea Star Group Inc New 0.50 0.00 0.00 0

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