Around the World January 27, 2020
Some stocks traded on multiple exchanges; not intended for trading purposes.
| Airline Name | Change from last week | Change from last year | Comments |
|---|---|---|---|
| American | -2.70% | -17.90% | Contributed more than $1.2b to its defined benefit pension plans last year |
| Delta | -5.20% | 23.80% | Among the airlines waiving change fees for travelers on China routes in light of coronavirus scare |
| United | -8.70% | -2.50% | Roughly 90% of widebody aircraft will have Polaris seats by year-end 2020 |
| Southwest | 2.80% | 4.30% | Still refrains from flying overnight flights, aka “red eyes” |
| Alaska | 0.20% | 1.40% | No. 11 on Fortune’s most recent ranking of most admired companies; Delta no. 19 (Apple no. 1) |
| JetBlue | 7.50% | 13.90% | Ended 2019 with ancillary revenue per customer at $34, up 14% y/y; includes revenue from loyalty plan |
| Hawaiian | -3.40% | -7.90% | Flight attendants, still without a new contract, conduct more picketing to raise awareness for their cause |
| Spirit | -1.90% | -26.70% | Latest attack on Baltimore BWI signals willingness to confront Southwest |
| Frontier | (not publicly traded) | Nearly 10m people visited Denver in 2019, according to the airport | |
| Allegiant | -2.70% | 42.40% | Big network expansion announced earlier this month includes nine new routes from booming Nashville |
| SkyWest | -4.00% | 31.70% | Regional Airline Assoc. likes to point out that 41% of all scheduled flights in U.S. are flown by regional airlines |
| Air Canada | -7.60% | 65.90% | Flair, a ULCC, that carried nearly 1m pax last year, soliciting more B737 from lessors to facilitate expansion |
| WestJet | (not publicly traded) | Toronto’s Globe & Mail discusses allegations of predatory pricing by WestJet and its ultra-LCC unit Swoop | |
| Aeromexico | -6.90% | -40.50% | Rival Interjet in final year of its three-year strategic plan; added seven int’l routes last year |
| Volaris | 3.30% | 54.60% | CEO Beltranena tells Wings Club: “On 41% of our routes, Volaris is the only airline competing against buses” |
| LATAM | -4.50% | -14.60% | American on losing Latam as a partner: “We don’t see any impact to revenue or profitability in 2020” |
| Gol | -0.30% | 61.40% | World’s largest domestic markets by pax: US, China, India, Indonesia, Japan, Brazil, Australia, Russia (IATA) |
| Azul | -3.10% | 64.90% | Acquisition target TwoFlex serves 39 Brazilian cities, only three of which Azul serves itself |
| Copa | -1.30% | 6.80% | U.S. carrier comments about strength in Brazil and Mexico a good sign for Copa’s own core markets |
| Avianca | 2.60% | 12.00% | Ending flights from Cartagena to Miami; another example of renewed focus on Bogota |
| Emirates | (not publicly traded) | Employs more than 1,000 Australians; donating money to help fight Australian wildfires | |
| Qatar Airways | (not publicly traded) | Doha airport handled 39m passengers in 2019, up 12% from 2018 | |
| Etihad | (not publicly traded) | Israel allowing some citizens to visit Saudi Arabia; another sign of thawing tensions between the two countries | |
| Air Arabia | -0.60% | 59.20% | Two key Gulf carriers affected by B737 MAX disruption: FlyDubai and Oman Air |
| Turkish Airlines | -3.30% | -1.50% | Rival Pegasus plans to have all A320 CEOs phased out by the end of 2024 |
| Kenya Airways | 0.40% | -71.30% | Kenya’s biggest export: tea; Kenya’s biggest import: oil (OEC) |
| South Africa Air. | (not publicly traded) | A350-900s now in service on Johannesburg-New York JFK route | |
| Ethiopian Airlines | (not publicly traded) | Gov’t envisions proposed Addis airport to have capacity for 100m pax a year (almost what Atlanta handles) | |
| IndiGo | 1.90% | 27.40% | Rival Go Air’s operations badly hobbled by A320 NEO and Pratt & Whitney engine delays |
| Air India | (not publicly traded) | Vistara, Bloomberg reports, wants to buy more longhaul planes including perhaps XLRs; also eyeing LHR slots | |
| SpiceJet | -4.30% | 21.50% | Tells Reuters it’s in talks with Boeing for MAX compensation; B737-NGs from Jet Airways helped it manage |
| Lufthansa | -4.90% | -33.60% | Takes ownership stake in Silicon Valley corporate travel management company TripActions |
| Air France/KLM | -9.60% | -18.70% | Balance sheet better than it was a few years ago but not great for facilitating takeovers |
| BA/Iberia (IAG) | -7.50% | -1.90% | Iberia adding capacity to Puerto Rico; offers year-round Madrid flights to San Juan |
| SAS | -8.50% | -39.50% | Will publish its latest annual report this week; covers fiscal year that ended in October |
| Alitalia | (not publicly traded) | Starting Rome-Tokyo Haneda flights in March; will keep Rome-Narita, along with Milan-Narita | |
| Finnair | -8.70% | -23.40% | Calls 2011 to 2014 its “restructuring” period; stepped up capacity growth in 2018 |
| Virgin Atlantic | (not publicly traded) | Pushing back retirement of A340s; will now be around until at least the end of March (The Points Guy) | |
| easyJet | 0.30% | 18.20% | About half of the packaged tours it’s selling involve hotels with which it has a direct contractual relationship |
| Ryanair | -2.90% | 43.10% | More Manchester routes: Paris Beauvais, Copenhagen, Kerry; all start in March |
| Norwegian | -9.60% | -72.70% | Introducing new “LowFare” offering that does not include an overhead bin bag, just an underseat bag |
| Wizz Air | -0.60% | 35.40% | Adding still more capacity in the Vienna market; will base a ninth plane in the Austrian capital this summer |
| Aegean | 2.50% | 18.70% | In 2019, its international pax counts from Athens grew 11%, from Greek airports other than Athens: 8% |
| Aeroflot | 3.70% | 9.00% | New routes for 2020: Mumbai, Osaka, Chengdu, Goa, Singapore |
| S7 | (not publicly traded) | Vnukovo airport getting a new Moscow metro station; construction of station underway | |
| Japan Airlines | -3.60% | -18.10% | Working with drone company to test and advance unmanned aircraft for delivering supplies in emergencies |
| All Nippon | -2.50% | -10.50% | Consolidating domestic and int’l flights at Haneda’s Terminal 2; will facilitate connecting traffic |
| Korean Air | -7.30% | -30.10% | Bookings to Japan have fallen more than 50% amid political tensions (Korea Times) |
| Cathay Pacific | -7.60% | -17.50% | Operated 6,663 flights in December, down 7% y/y; departures for all of 2019 down 1% |
| Air China | -13.70% | -11.10% | Shenzhen airport crossed the 50m mark in terms of pax handled in 2019; 5m of the 50m were int’l pax |
| China Eastern | -8.10% | 2.40% | Signs strategic partnership with Shenzhen airport; eager to build more of a presence in China’s southeast |
| China Southern | -8.50% | -7.60% | Has the most seats flying from Wuhan, ground zero for the spreading Coronavirus |
| Singapore Airlines | -2.50% | -9.40% | Singapore’s second busiest airline is Qantas-backed Jetstar Asia; most of its routes within ASEAN region |
| Malaysia Airlines | (not publicly traded) | Rival Malindo Air, backed by Lion Air, still adding routes; opened Danang in Vietnam last month | |
| AirAsia | -5.50% | -49.40% | Adding extra flights and seats to key destinations during Chinese New Year travel period |
| Thai Airways | -8.90% | -52.00% | Appoints new board chairman; will preside over company’s latest turnaround efforts |
| VietJet | -1.10% | 24.20% | International expansion continues: latest route is from Da Lat in Vietnam’s Central Highlands to Seoul |
| Cebu Pacific | -3.70% | -0.20% | It’s official: Philippine Airlines going back into the Cebu-Los Angeles market with B777-300ERs; starts May |
| Qantas | -6.20% | 9.60% | Sydney airport: “Trading conditions have been at their toughest in more than a decade” |
| Virgin Australia | 0.00% | -17.10% | Sydney airport also notes slumping U.K. traffic but jumping U.S. traffic; India demand also a bright spot |
| Air New Zealand | -1.30% | -9.10% | N.Z. gov’t statistics show an increase in travel to/from Japan during Rugby World Cup late last year |
| Brent Crude Oil | -5.50% | -0.10% | JPMorgan chief Jamie Dimon, asked by CNBC if he sees bubbles in the economy: “Only in sovereign debt” |