Airline Stocks List

List of Airline Stocks

6 min read

Of all the industries impacted due to COVID-19, the airline industry was hit hardest. International Air Transport Association (IATA) estimates that airlines globally will lose at least $314 billion due to the outbreak. As a result, you’d want an Airline stocks list to look at.

The epic crash and burn in airline stock prices have left many investors wondering if now is the time to buy. Because they’ve hit rock bottom, is it even possible they can go further?  

It has gotten so bad that the Oracle of Omaha completely exited his Airline positions, citing forthcoming turbulence. Around the same time, Air Canada – Canada’s biggest Carrier, released a dire quarterly report stating it would take at least three more years to reach 2019 revenue levels. 

Many investors are now wondering if it’s time to buy the dip. Before committing your hard-earned capital, here are a few things to be aware of if you’re considering buying airline stocks after the 2020 market crash.

Chart by TradingView

SymbolName
LUVSouthwest Airlines Co
DALDelta Air Lines, Inc.
JBLUJetBlue Airways Corporation
AALAmerican Airlines Group Inc
UALUnited Airlines Holdings Inc
ALKAlaska Air Group, Inc.
SAVESpirit Airlines, Inc. 
$BAThe Boeing Company
Airline Stocks List Price

I don’t think I should mention the elephant in the room, but the world has mostly been in lockdown. Lockdown means no one is allowed to go anywhere.

And the effects couldn’t be more apparent than in Air Canada’s most recent quarterly report. I suggest you sit down for this. In the last quarter alone, Air Canada lost a staggering $1.05 billion (yes, billion) and saw its revenue decline by $712 million.

Overall, Air Canada (TSX: AC) fell 68%, from a 52-week high of $52.71 to a low of $9.27 and remains down. As of the time this blog post was written, AI was trading at $20.29.

Our Airline stocks list looks at other Airlines as well. If you’d like to discuss the moves Airlines are making, check out our trading room.

COURSE
Day Trading Course Options Trading Course Futures Trading Course
DESCRIPTION Learn how to read penny stock charts, premarket preparation, target buy and sell zones, scan for stocks to trade, and get ready for live day trading action
Learn how to buy and sell options, assignment options, implement vertical spreads, and the most popular strategies, and prepare for live options trading How to read futures charts, margin requirements, learn the COT report, indicators, and the most popular trading strategies, and prepare for live futures trading
INCLUDED

One Airline Stock Bucking the Trend

It’s not all doom and gloom, however. One airline company, Cargojet (TSX: CJT), increased its revenue despite the pandemic.

As you probably figured out by the name, Cargojet transports cargo (goods), not people. Not only has Cargojet survived this global crisis, but they’ve also thrived, realizing a 12% revenue increase last quarter. If that wasn’t enough, they saw a 51% increase in gross margin and a 24.5% increase in adjusted earnings. You can thank e-commerce for that.

What else is someone going to do while stuck at home? Shop, of course. How long will Cargojet sustain these revenues? Your guess is as good as mine, but we’d likely see a decline once stores open up. 

Investing in Airline Stocks

Balance Sheet Strength

Balance sheets are important for many reasons. A balance sheet shows the company’s assets and liabilities at a certain time.

As a potential investor, you need to consider the financial stability of a company. You want to ensure the company is making money, protecting the money it’s making, and not hemorrhaging it. 

“The Numbers Don’t Lie”

Long Term Debt to Cap

Airline Stocks Balance Sheet

As you can see in the image above, Southwest and JetBlue lead the pack regarding the strength of their balance sheets. Coming in at a close 3rd is Alaska.

By contrast, American Airlines carries the biggest debt load and is the least profitable airline in the industry. Although they have a substantial cash reserve, I’d be concerned as a shareholder if the skies don’t open up come summer.

Along the same token, Southwest Airlines, JetBlue Airways, and Alaska Air all have at least a billion in the bank to access if needed. Take Southwest, for example; their liquidity equals 28% of their 2019 revenue. Likewise, JetBlue is 22%, while Alaska has 23%. 

In short, even though Southwest, JetBlue, and Alaska could experience short-term losses, they should have enough capital to weather the COVID-19 storm.

COMPANY
Trade Ideas Logo TrendSpider Premium Partner Benzinga
DESCRIPTION Trade Ideas provides powerful tools like real-time market scanning, AI-driven trade signals, customizable alerts, advanced charting capabilities, and time-saving data visualization TrendSpider is the most robust all-in-one trading platform on the market today. Uncover strategies, pinpoint opportunities, analyze assets, and time trades like never before Benzinga allows traders to profit with actionable stock news, trading signals and alerts, A streaming platform with all the information you need to invest smarter today
HIGHLIGHTS

What Airlines Are Publicly Traded?

  1. The Airline stocks list with publicly traded stocks are as follows:
  2. $LUV
  3. $DAL
  4. $AAL
  5. $UAL
  6. $SAVE
  7. $ALK
  8. $SKYW
  9. $JBLU

Airline Stocks Soaring in Price

We got some positive news as of late. Airline stocks soared in price last week, with shares of American Airlines rising 41% to close at $16.72.

To put that in perspective, that’s their biggest one-day percentage gain since their merger with US Airways in 2013. Even though the shares are still down 42%, it looks promising nonetheless.

Industry analysts point to their aggressive plans to operate 55% of their flights from July 2019 for the spike. Considering this is a considerable increase over the 20% they ran in April and May, I would tend to agree.

On the other hand, United Airlines had a slightly less aggressive approach, resuming about 130 nonstop routes. With this came a 16% rise in share price at the close. Both will be running much smaller operations than their competitors. 

Check out our live trade made on American Airlines. 

Final Thoughts

The question remains: Is it time to buy the dip on an airline stocks list? Even though it appears the airline industry has crashed, people still want and need to travel far and wide. 

Unless we invent some miraculous time travel device, they will be using airplanes to do so. Once the global travel bans are lifted, people will scramble to hop on a plane. Eventually, in response to the soaring demand, stock prices will recover, and all will be well. 

Although it may be quite tempting to get in on the low prices, reaching the all-time highs the airline industry got so used to may take a while.

Buying airline stocks right now is safe if you understand the risk. Only time will tell when the skies will be reopening fully. It’s best to stick to top operators with strong balance sheets.

They have the best chance of surviving if something goes wrong in the vaccine chase and the pandemic is with us longer than we hope.

Related Articles

Cobalt Stocks

Cobalt Stocks List

Do you trade cobalt stocks? Cobalt was used for pottery, glass, and ceramic coloring for thousands of years. There was money to be made in

Read More »
Sneaker Stocks

Sneaker Stocks

Can you invest in sneaker stocks? I’m not talking about your leather or crocodile skin shoes, but vintage and collectible sneakers worn by athletes or

Read More »
AI Stocks

AI Stocks List

AI stocks have become quite popular the more AI becomes. We’ve seen prices fly in recent weeks. Does that mean they’re in a bubble? Or

Read More »
Fast Food Stocks

List of Fast Food Stocks

What would our life be without delicious foods from all over the world? I would feel incomplete without my favorite hole-in-the-wall that serves the best

Read More »

FREE ONLINE TRADING COURSES

If you’ve looked for trading education elsewhere then you’ll notice that it can be very costly.

We are opposed to charging ridiculous amounts to access experience and quality information. 

That being said, our website is a great resource for traders or investors of all levels to learn about day trading stocks, futures, and options. Swing trading too! 

On our site, you will find thousands of dollars worth of free online trading courses, tutorials, and reviews.

We put all of the tools available to traders to the test and give you first-hand experience in stock trading you won’t find elsewhere.

Our content is packed with the essential knowledge that’s needed to help you to become a successful trader.

It’s important to treat day trading stocks, options, futures, and swing trading like you would with getting a professional degree, a new trade, or starting any new career.

Invest the proper time into your Trading Education and don’t try to run before you learn to crawl. Trading stocks is not a get-rich-quick scheme. It’s not gambling either, though there are people who treat it this way. Don’t be that person! 

STOCK TRADING COURSES FOR BEGINNERS

The Bullish Bears team focuses on keeping things as simple as possible in our online trading courses and chat rooms. We provide our members with courses of all different trading levels and topics.

If you’re a beginner, intermediate level, or looking for expert trading knowledge…we’ve got you covered. 

We have a basic stock trading course, swing trading course, 2 day trading courses, 2 options courses, 2 candlesticks courses, and broker courses to help you get started. Free.

Just choose the course level that you’re most interested in and get started on the right path now. Become a leader, not a follower. When you’re ready you can join our chat rooms and access our Next Level training library. No rush. We’re here to help.

Click Here to take our free courses.