So you think you know your airline market capitalisation: Part 3
The first part of this three-part report on airline market capitalisations described how Air China is valued more on the stock exchange than US carriers United-Continental, JetBlue, Hawaiian Air, AirTran, US Airways, American Airlines, Republic Airways and Skywest combined. In this final section, CAPA reviews some further interesting facts from the equity investment world.
Southwest is the leading US carrier, with a market cap of USD8.65 billion, just ahead of Delta (USD8.47 billion) and United-Continental (USD7.4 billion). Southwest should move further ahead with the acquisition of AirTran (USD990 million).
Alaska Airlines (with an operational fleet of 116 aircraft) is valued at just USD120 million less than American Airlines, which has a fleet of 616 aircraft, at USD2.03 billion and USD2.15 billion, respectively.
Lufthansa, IAG (BA-Iberia), Air-France-KLM, Ryanair and easyJet are valued at a combined USD30.3 billion. China’s big three airlines (Air China, China Eastern and China Southern) are valued at USD37.3 billion, or 23% more. The remaining European listed airlines are valued at just USD11.0 billion.
See related reports:
- Skyteam Alliance members more valuable than Star and oneworld. Airline Market Caps Part 2
- Air China value greater than United-Continental, American, JetBlue, AirTran & US Air combined. Pt 1
Next Time: We look at Airline Enterprise Values (EVs)
The full list - Airline Market Capitalisations