Around the World February 3, 2020
Some stocks traded on multiple exchanges; not intended for trading purposes.
| Airline Name | Change from last week | Change from last year | Comments |
|---|---|---|---|
| American | -2.90% | -25.70% | Miami hub getting a temporary burst of traffic from Super Bowl |
| Delta | -5.20% | 11.70% | Unveils new first-class seats for the A321 NEOs that start arriving toward the end of this year |
| United | -8.70% | -14.50% | America's 3 fastest-growing states measured by Q3 GDP: Texas, Utah, Washington (BEA) |
| Southwest | -2.80% | -3.80% | Phoenix airport undetaking major Terminal 3 modernization |
| Alaska | -3.20% | 0.40% | Planning to implement first phase of new Amadeus revenue management system in "back half of 2020" |
| JetBlue | -3.90% | 10.70% | Only has six A321 NEOs in its possession; was supposed to have 13 by now; expects 11 at most this year |
| Hawaiian | -3.90% | -10.10% | International unit revenues have increased for 15 straight quarters now |
| Spirit | -2.40% | -32.80% | Announces more flying from former United hub Cleveland, including new route to Cancun |
| Frontier | (not publicly traded) | Returning to the Delaware market; will fly from Wilmington (notable for its many credit card firms) to Orlando | |
| Allegiant | -2.90% | 23.70% | Says about three quarters of the new routes it launches wind up succeeding and sticking around for the long run |
| SkyWest | -13.20% | 6.50% | Says niche prorate business, where it flies routes at its own commerical risk, unaffected by MAX crisis |
| Air Canada | -6.00% | 46.70% | Mentions potential from bringing Transat's customers into the new loyalty plan it's creating |
| WestJet | (not publicly traded) | ULCC rival Flair hoping to have another five B737-800s in its fleet by the peak summer | |
| Aeromexico | -4.20% | -41.90% | Borrowing $400m to refinance loans, pay for new aircraft, etc. |
| Volaris | 11.80% | 68.70% | Troubled Interjet, subject of merger rumors with VivaAerobus, signs interline deal with JetBlue |
| LATAM | -0.90% | -14.20% | Will officially leave the oneworld alliance in May; no word on whether it will join SkyTeam |
| Gol | -9.40% | 37.40% | Carnival festivities begin Friday, Feb. 21 this year; traffic surge expected in Rio de Janeiro, Salvador |
| Azul | -0.30% | 59.30% | First route it gave to the new E2-E195s it's flying: Campinas to Brasilia, a big business market |
| Copa | -4.10% | 3.00% | Wingo, its Colombian LCC, increasing capacity between Bogota and Cuba's capital Havana |
| Avianca | 2.30% | 15.80% | Says restructuring going well; no need for bankruptcy (Reuters) |
| Emirates | (not publicly traded) | Dubai airport said it welcomed 3.7m Chinese travelers in 2019, up 5% from 2018 | |
| Qatar Airways | (not publicly traded) | Signs new sponsorship deal with French football (soccer) club PSG. Qatar to host World Cup in 2022 | |
| Etihad | (not publicly traded) | Abu Dhabi short/medium-haul market about to get extremely competitive with Wizz and Air Arabia coming | |
| Air Arabia | -4.40% | 52.00% | Competing against Wizz Air in Abu Dhabi won't be easy; will there be severe overcapacity? |
| Turkish Airlines | -5.90% | -7.30% | Plans to grow ASK capacity by about 9% to 10% this year; biggest expansion in Asia, the Americas, Africa |
| Kenya Airways | 4.20% | -72.00% | Flies to Guangzhou in China; flights suspended indefinitely while health officials work to contain virus outbreak |
| South Africa Air. | (not publicly traded) | Says it will work toward "preservation of jobs wherever possible" | |
| Ethiopian Airlines | (not publicly traded) | LCC Fastjet once again warns that cash is running out; currently has funds just through end of March | |
| IndiGo | -8.20% | 17.40% | Foggy weather, Mumbai runway mainteance, hurting punctuality for Indian carriers |
| Air India | (not publicly traded) | B747s used for VIP travel will not be included in privitization | |
| SpiceJet | -5.20% | 16.60% | Managing fallout from major data breach; more than 1m passengers affected |
| Lufthansa | -5.50% | -37.90% | Holds 67% of Frankfurt slots, 68% at Munich, 63% at Zurich, 59% at Vienna |
| Air France/KLM | -6.20% | -23.80% | Flying Blue loyalty plan, with just 15m members, a fraction the size of Delta's SkyMiles |
| BA/Iberia (IAG) | -8.30% | -12.90% | New York Sen. Chuck Schumer lobbying Aer Lingus to serve Newburgh's Stewart Field |
| SAS | -4.40% | -43.20% | One small example of sustainability efforts: repackaged inflight meals to save 50 tons of plastic |
| Alitalia | (not publicly traded) | European Commission nearing decision on legality of Italian gov't's 2017 bridge loan Alitalia | |
| Finnair | -7.90% | -28.80% | Finnavia, the Finnish airport operator, sees electric aircraft flying domestic routes by the end of the 2020s |
| Virgin Atlantic | (not publicly traded) | Brexit done; U.K. now officially out of the E.U. but lots of work still to do on defining new relationship | |
| easyJet | -6.00% | 9.50% | Renews GDS agreement with Amadeus; connects via more modern, more robust XML standard |
| Ryanair | -2.00% | 30.70% | Internal team ranks Ponta Delgada in the Azores as their most reccomended Ryanair city to visit |
| Norwegian | -6.30% | -72.90% | CEO Jacob Schram, speaking with Norways E24, raises possibility of flying A320s itself rather than lease them |
| Wizz Air | -0.90% | 35.00% | Pleased by "initial reactions" to its newest country market: Armenia |
| Aegean | -7.10% | 8.50% | Majority owned by Five Greek families; one of them, Vassilakis family, holds 37% share |
| Aeroflot | -6.50% | 2.10% | Carried 61m pax in 2019, up 9% from 2018; Aeroflot mainline itself carried 37m of those 61m (up 4% y/y) |
| S7 | (not publicly traded) | Kazakhstan's Air Astana reported a 9% operating margin for the July-Sept. quarter; revenues shrank 1% y/y | |
| Japan Airlines | -5.10% | -23.50% | Load factor on China routes plummeted in December, to just 64%; was 79% in Dec. 2008 |
| All Nippon | -3.50% | -14.90% | AirAsia Japan still operating just three routes; filled only 72% of its seats last quarter |
| Korean Air | -6.90% | -33.80% | Outside of greater China, Korean carriers perhaps most adversely affected by China virus scare |
| Cathay Pacific | -3.50% | -18.50% | To cut costs, Cathay Dragon flight attendants offering unpaid leave for the remainder of the year (SCMP) |
| Air China | -4.20% | -16.00% | Taiwan's EVA Air, a Star Alliance partner, adding frequencies to Seattle this summer |
| China Eastern | 0.00% | 1.00% | Gov't says airline pax traffic down about 8% y/y so far this Spring Festival period (Jan 10-29) (Carnoc) |
| China Southern | 0.00% | -9.40% | Domestic ASKs now shrinking; dropped 1% y/y in December, even before the coronavirus threat |
| Singapore Airlines | -3.10% | -11.20% | Indonesia's Lion Air again contemplating IPO; attempt could be challenged by coronavirus scare |
| Malaysia Airlines | (not publicly traded) | Marketing "MH Shuttle" offering for biz fliers on its busy Kuala Lumpur-Singapore route | |
| AirAsia | -8.30% | -53.00% | Q4 load factor for core Malaysian unit dropped 2 points y/y; company cites change in pricing strategy |
| Thai Airways | -6.50% | -56.40% | Downplays financial impact of coronavirus for now; hopes to earn profits in peak months of Feb./Mar. (Nation) |
| VietJet | -11.10% | 4.20% | The new routes just keep coming; latest is Hanoi-Bali, launched last week |
| Cebu Pacific | -10.50% | -15.60% | AirAsia Philippines grew ASK capacity 25% y/y last quarter and 26% last year |
| Qantas | -4.50% | 20.50% | CEO Joyce tells Bloomberg it's prepared to cut int'l capacity 20% if necessary based on virus impact |
| Virgin Australia | 0.00% | -21.60% | Searching for new executive to head its vital (read highly profitable) Velocity loyalty program |
| Air New Zealand | -5.40% | 5.20% | Selling its London Heathrow slots for about $28m; exiting the London market via LA in October |
| Brent Crude Oil | -5.50% | -9.80% | Oil prices dropping in response to virus scare but so are stock markets; almost every airline stock fell last week |