Around the World January 13, 2020
Some stocks traded on multiple exchanges; not intended for trading purposes.
| Airline Name | Change from last week | Change from last year | Comments |
|---|---|---|---|
| American | -1.20% | -14.70% | Doesn't foresee "any material [Q4] financial impact" from its MAX settlement with Boeing |
| Delta | 2.00% | 21.60% | Working with IBM on potential of quantum computing; holds promise in areas like schedule optimization |
| United | -0.70% | 7.30% | All 39 of Denver new gates expected to be operational by spring, 2021; currently UA's fastest-growing hub |
| Southwest | -0.80% | 10.10% | Opened new Houston Hobby maintenance facility last week; will soon have maintenance hangars at 8 airports |
| Alaska | -1.50% | 3.90% | Brandon Pedersen, CFO since 2010, announces retirement |
| JetBlue | 0.80% | 9.10% | Recall that on Dec. 11, it cited "softer than expected close-in yields in late November" |
| Hawaiian | 0.00% | -1.40% | Visitors to Hawaii spent nearly $20b in the state last year; biggest foreign markets are Japan and Canada |
| Spirit | -0.10% | -34.50% | Tells Routes it will add fewer routes in 2020 relative to 2019; sees more Orlando and Las Vegas growth |
| Frontier | (not publicly traded) | Leaving two Alabama airports: Birmingham (an old steel city) and Mobile (on the Gulf coast) | |
| Allegiant | 0.70% | 45.20% | Will 2020 finally be the year that it flies to Mexico and/or the Caribbean |
| SkyWest | 0.10% | 29.90% | Pilot shortages not the only worry for U.S. regional carriers, which also see looming mechanic shortage |
| Air Canada | 5.40% | 91.80% | Will provide first business update of the year this week, with CFO talk at AltaCorp investor event in Toronto |
| WestJet | (not publicly traded) | Swoop up to 10 aircraft this summer; announces three new domestic routes from Hamilton near Toronto | |
| Aeromexico | 3.70% | -27.70% | Joins the growing ranks of MAX customers securing compensation agreements with Boeing |
| Volaris | 1.90% | 57.10% | Thru Oct. of last year, Volaris carried 16.8m pax (up 21% y/y); Aeromexico 17.2m (down 5%) |
| LATAM | -4.80% | -6.70% | Now flying from Peru's capital Lima to Concepcion in Chile |
| Gol | 3.70% | 60.20% | Has a particularly dominant presence in the Rio de Janeiro market, with roughly 70% seat share |
| Azul | 1.30% | 60.10% | Will start nonstop Recife flights to Buenos Aires next month, followed by Montevideo in July |
| Copa | 0.90% | 20.70% | Expects to have all E190s out of its fleet by 2021; will have all-B737 fleet |
| Avianca | -3.80% | -2.00% | Says biggest constraint at Bogota airport is lack of sufficient aircraft parking positions; also needs more gates |
| Emirates | (not publicly traded) | Added just three new pax routes in 2019: Porto, Phnom Penh (via Bangkok), Mexico City (via Barcelona) | |
| Qatar Airways | (not publicly traded) | Dedicated cargo fleet includes two B747-8s, 21 B777s, and five A330s | |
| Etihad | (not publicly traded) | Two busiest routes by ASKs last year: Abu Dhabi-Sydney, Abu Dhabi-London | |
| Air Arabia | -0.60% | 51.00% | Saudia's LCC Flyadeal to get its first of potentially 50 A320 NEOs in 2021 |
| Turkish Airlines | 1.00% | -3.70% | Has worked with Seabury-Accenture consultants on helping it find suitable joint venture partners |
| Kenya Airways | -0.50% | -71.70% | IATA: African carriers lose $1.54 for every passenger they carry |
| South Africa Air. | (not publicly traded) | South Africa's economy, according to World Bank, grew an anemic 0.4% in 2019 | |
| Ethiopian Airlines | (not publicly traded) | World Bank, by contrast, cites "robust" service sector in Ethiopia, specifically travel, banking, telecom | |
| IndiGo | 4.10% | 29.10% | Latest international route will link Kolkata to Qatar's capital Doha; starts in March |
| Air India | (not publicly traded) | Employed 12,163 in 2017/18 fiscal year (incl. AI Express); was 22,556 in 2014/15 (Business Today) | |
| SpiceJet | 0.00% | 31.60% | Indian economic growth slowing sharply amid credit squeeze; lowish oil prices should be helping |
| Lufthansa | 1.70% | -18.60% | Swiss selling 6 new Geneva summer routes: Pt. Delgada, Antalya, Menorca, Djerba, Dubrovnik, Rhodes |
| Air France/KLM | 4.80% | 9.40% | Paying less than 2% annual interest on new five-year bonds it just issued; raises €750 |
| BA/Iberia (IAG) | 6.20% | 11.60% | For all of 2019, BA grew ASKs 1%, Iberia 8%, Aer Lingus 4%, Vueling 3%, Level 85% |
| SAS | 1.50% | -30.70% | Ended calendar 2019 on a strong note in terms of RASK; Dec. unit revenues ex forex rose 3% y/y |
| Alitalia | (not publicly traded) | Lufthansa insists: no investment in Alitalia, just a commercial partnership if it's interested | |
| Finnair | 2.20% | -9.90% | Icelandair seeing a big drop in transit pax but healthy increases in local inbound and outbound traffic |
| Virgin Atlantic | (not publicly traded) | Delta's pilot union not happy about JV with Virgin Atlantic; thinks it's outsourcing routes to lower-cost Virgin | |
| easyJet | 8.50% | 31.30% | Jet2 announces big Greek expansion; adding Mykonos, Skiathos, Santorini, Kalamata, Preveza, Lesvos |
| Ryanair | 9.00% | 51.70% | Running what it calls is a "massive January seat sale;" ended midnight Sunday |
| Norwegian | 5.90% | -75.50% | Only grew ASK capacity 1% in 2019; unit revenues in December alone spiked 21% y/y; loads up 5 points |
| Wizz Air | 5.70% | 41.10% | LOT Polish to acquire three B777-300ERs from Singapore Airlines, reports Pasazer |
| Aegean | 4.40% | 19.40% | Newest route from Athens is to Birmingham in the U.K. starting in June; no further news on Croatia Airlines |
| Aeroflot | 1.60% | -0.10% | Latvia's airBaltic adding its sixth destination in Russia this summer: Yekaterinburg; will use A220-300s |
| S7 | (not publicly traded) | Rival Utair opening 14 new Russian regional routes using ATR-72s | |
| Japan Airlines | 1.00% | -12.00% | Adds Shanghai Airlines as a codeshare partner; already has close ties to Shanghai's parent China Eastern |
| All Nippon | -1.50% | -8.10% | Arrival of third A380 means all Honolulu flights will operate with the giant plane by the summer |
| Korean Air | 0.00% | -18.80% | Rival Asiana forced to stop San Fran. flights for month and a half starting in March; penalized for 2013 crash |
| Cathay Pacific | -1.80% | -2.60% | Parent company Swire Pacific says LCC HK Express will retain a large degree of management autonomy |
| Air China | -2.50% | 17.20% | Reuters reports on Comac's worsening struggles and delays in developing its C919 narrowbody |
| China Eastern | -0.40% | 14.80% | Public health officials monitoring SARS-related virus outbreak in Wuhan |
| China Southern | 0.00% | 1.10% | IATA sees Chinese domestic market exceeding the U.S. market in size (by pax volumes) as early as 2022 |
| Singapore Airlines | -0.80% | -7.30% | Changi airport boasts of having aircraft taking off or landing roughly once every 80 seconds |
| Malaysia Airlines | (not publicly traded) | Malaysian economy still growing between 4% and 5% y/y, according to latest estimates | |
| AirAsia | 1.20% | -42.00% | Yet another route to China coming in March, this one linking Penang in Malaysia with Chengdu |
| Thai Airways | -7.20% | -49.20% | Thailand's ministry of finance still owns 51% of the airline; gov't-owned fund owns another big chunk |
| VietJet | -1.20% | 27.10% | Next month will mark three years since becoming a publicly traded company |
| Cebu Pacific | -1.60% | 7.20% | Clark airport outside Manila hopes to have new passenger terminal opened by the middle of this year |
| Qantas | -2.60% | 15.30% | Australia trying to reassure tourists amid fires; notes "all international airports… operating as normal" |
| Virgin Australia | -3.20% | -16.70% | Hong Kong flights hurt not only by civil unrest but also the woes of Virgin's ally Hong Kong Airlines (SMH) |
| Air New Zealand | -1.60% | -6.10% | ANZ has joint venture with United, Virgin Australia has JV with Delta, Qantas to have JV with American |
| Brent Crude Oil | -4.70% | 4.90% | Airlines breathe sigh of relief as oil retreats after Iran-linked spike a week earlier |