Around the World: August 10, 2020
| Airline Name | Change From Last Week | Change From Last Year | Comments |
|---|---|---|---|
| American | 17% | -54% | Big jump in stock price reflects increasing likelihood that U.S. airlines will get more Washington aid |
| Delta | 9% | -54% | In online discussion with Washington Post, CEO Ed Bastian said mergers not something Delta is thinking about |
| United | 9% | -60% | Renews distribution contract with Sabre, which incidentally couldn't reach terms with Southwest |
| Southwest | 8% | -33% | Too much is never enough: Selling more bonds to raise more cash |
| Alaska | 6% | -42% | Washington state economy shrank 5% in Q1 versus the quarter before (Nevada, New York, Hawaii shrank the most) |
| JetBlue | 4% | -44% | Extends policy of not selling middle seats through mid-October |
| Hawaiian | 11% | -49% | One of its board members is former Jetstar chief Jayne Hrdlicka, who’s now involved with Virgin Australia takeover |
| Spirit | 9% | -58% | Offering big mileage bonuses (quintuple value) for all new bookings |
| Frontier | (not publicly traded) | The Points Guy speaks with CEO Barry Biffle, who hoped to have 90% of capacity restored by year end; new goal: 50% to 70% | |
| Allegiant | 5% | -20% | David Neeleman's Breeze pushing back launch until 2021, Business Insider reports |
| SkyWest | 13% | -49% | Sold ExpressJet to United and others last year; UA-ExpressJet expanded relationship in Feb.; now UA cancelling contract |
| Air Canada | 4% | -64% | Air Transat, which resumed operations on July 23, announces more new routes for the upcoming winter |
| WestJet | (not publicly traded) | Porter Airlines, based at Toronto's city airport, extends suspension of service | |
| Aeromexico | 3% | -68% | Rivals Interjet and Aeromar announce intention to cooperate commercially |
| Volaris | 16% | -20% | Starting Phoenix flights from Guadalajara; notes that 41% of all Phoenix residents are Hispanic, many from Mexico |
| LATAM | 2% | -79% | Two groups, one led by company founders and Qatar Airways, competing to provide bankruptcy financing |
| Gol | 0% | -55% | Still flying only domestic routes; all international routes remain suspended |
| Azul | 3% | -60% | Plans to fly 55% of its normal domestic capacity next month; will add back eight Brazilian destinations |
| Copa | 12% | -53% | Estimates it has about $300m in unencumbered planes; says a third of its traffic is leisure, a third family visit, a third business |
| Avianca | 11% | -87% | Colombia still closed to airlines until the end of August at least |
| Emirates | (not publicly traded) | One of its cargo execs says one B777 freighter can carry apx. 1m vaccine doses; inoculating half of world's pop. would require 8k jets | |
| Qatar | (not publicly traded) | Another cargo challenge in distributing eventual vaccine: Some airports not certified to handle pharmaceuticals | |
| Etihad | (not publicly traded) | Air Arabia Abu Dhabi announces plan to serve Dhaka, Bangladesh; and Kabul, Afghanistan | |
| Air Arabia | -1% | -2% | Beirut's largest foreign airlines in 2019: Emirates, Turkish, Qatar, Saudia, Air France/Transavia |
| Turkish Airlines | 1% | -10% | Union representing pilots, flight attendants, and others reject company request for big wage cuts |
| Kenya Airways | 0% | 28% | Suspending flights to eight African cities as Covid spreads throughout the continent |
| South Africa Air. | (not publicly traded) | Turnaround plan, though approved, not yet funded by government | |
| Ethiopian Airlines | (not publicly traded) | ASKY, its affiliate in Togo, signs deal to use Sabre's res system and other software | |
| IndiGo | -4% | -37% | Rival Vistara tells IANS it has no plans to cancel any aircraft orders |
| Air India | (not publicly traded) | Air India Express specializes in carrying Indian migrant workers to and from jobs in the Gulf region | |
| SpiceJet | -1% | -65% | India now leading the world in new Covid cases, ahead of the U.S. and Brazil |
| Lufthansa | 6% | -45% | CEO Carsten Spohr says he plans to take his own family on holiday to California in Oct. if travel restrictions allow |
| Air France/KLM | 10% | -63% | Amsterdam and Paris CDG currently Europe's two busiest airports based on Eurocontrol and published schedule data |
| BA/Iberia (IAG) | 13% | -59% | BA CEO Alex Cruz to appear before U.K. parliament on Sept. 16 |
| SAS | -3% | -45% | Making progress with bondholders in effort to advance its government-backed recapitalization plan |
| Alitalia | (not publicly traded) | Still working through details of the airline's relaunch; will receive more gov't bridge capital to keep it alive in the interim | |
| Finnair | 2% | -93% | Passenger volumes were still down 90% y/y in July; didn't fly a single person across the Atlantic |
| Virgin Atlantic | (not publicly traded) | Virgin, Air France/KLM, and Delta hold a combined 8% of all London Heathrow slots | |
| easyJet | 17% | -42% | Among the airlines noting jump in customer satisfaction; tied to less crowding, fewer delays, cleaner planes |
| Ryanair | 9% | 23% | Disputing allegations that it's not complying with Italian regulations to limit Covid spread |
| Norwegian | -31% | -96% | Recently hired new executive to help develop new revenue streams related to travel |
| Wizz Air | 6% | -2% | Calls policy of suspending slot usage rules a "fraud against the traveling public;" wants opportunity to grab slots itself |
| Aegean | 1% | -55% | Partnering with other travel suppliers and Greek tourism board to offer free domestic vacations to frontline workers combatting virus |
| Aeroflot | -1% | -23% | Looking to perhaps sell additional shares as means to raise cash; might require gov't participation |
| S7 | (not publicly traded) | Russia on track to be the first country to administer a Covid-19 vaccine; nationwide campaign to begin in Oct. | |
| Japan Airlines | 9% | -44% | Said Friday that bookings are now running below forecast, in response to jump in Covid bookings in Japan |
| All Nippon | 7% | -36% | Served 45 domestic cities in July, along with 26 cities abroad; frequencies limited |
| Korean Air | 10% | -17% | Jin Air, its LCC which already has shares that trade publicly, plans to issue more shares |
| Cathay Pacific | 5% | -47% | Hong Kong extends waiver of airport slot rules through the upcoming winter season that ends in March |
| Air China | 4% | -24% | Chinese exports showing signs of strength while consumer spending at home remains subdued amid global pandemic |
| China Eastern | 5% | -10% | Wuxi city government-owned firm takes control of Kunming-based private sector airline Ruili Airlines |
| China Southern | 3% | -17% | China's C919 like a Nokia phone competing against an Apple iPhone, says Endau’s Shukor Yusof (CNETnews) |
| Singapore Airlines | 2% | -61% | Had to write down the accounting value of seven B777-200s it was leasing to its now-defunct NokScoot joint venture |
| Malaysia Airlines | (not publicly traded) | Partnering with 3Sixty (formerly DFAS) to improve its duty-free retailing capabilities | |
| AirAsia | 2% | -64% | Is AirAsia X the industry's next bankruptcy victim? Trying to dig its way out of dire financial situation |
| Thai Airways | 19% | -63% | Says it remains committed to building maintenance hub at Utapao; project is joint venture with Thai Navy |
| VietJet | 6% | -23% | Looking to sell some stock to a strategic investor, reports VN Express |
| Cebu Pacific | 0% | -58% | Restarted Manila-Dubai flights in mid-July; adding some other international destinations this month |
| Qantas | 3% | -41% | In most countries, airline flight crews are exempt from mandatory quarantines in place for int'l travelers |
| Virgin Australia | 0% | -46% | Giving its 3k laid off workers two years of travel benefits, as well as early access to retirement benefits |
| Air New Zealand | -1% | -51% | Renews its worldwide distribution deal with Sabre |
| Brent Crude Oil | 2% | -21% | Brent prices now at about $44 a barrel; WTI a few dollars less |
Some stocks traded on multiple exchanges; not intended for trading purposes.