{"id":75829,"date":"2019-05-28T18:18:18","date_gmt":"2019-05-28T18:18:18","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=75829"},"modified":"2019-05-28T18:18:18","modified_gmt":"2019-05-28T18:18:18","slug":"14-airline-stocks-that-will-fly-high","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/14-airline-stocks-that-will-fly-high\/","title":{"rendered":"14 Airline Stocks Flying High in 2019"},"content":{"rendered":"

Airlines recently went through a string of consolidation with the most recent purchase of Westjet Airlines (WJA-T)<\/a> and the acquisition proposal of Transat (TRZ.A-T)<\/a> by Air Canada (AC-T)<\/a>.<\/p>\n

The airline industry has recently received extensive press with the Boeing 737 Max crash and subsequent grounding of crafts. There are also concerns over the cost competition brought about by low-cost carriers. Furthermore, they can be vulnerable to oil price and geopolitical events.<\/p>\n

CNBC was reporting a few weeks ago (in April) that analysts predicted Airline stocks could still rally another 20% this year<\/a>.<\/p>\n

In the long-term, analysts expect millennials who value experience to help bolster the airline industry.<\/p>\n

🛫 Airlines<\/strong>
\nCanadian Stocks<\/strong>
\nWestjet Airlines (WJA-T)<\/a>
\nOnex put a bid in to acquire the carrier, and regulators should approve the deal. They have been coming out with better numbers and guidance in the last quarter.<\/p>\n

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\n\t\t\t\t\n\t\t\t\t\t\"Westjet\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tWestjet Airlines (WJA-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about WJA-T: It\u2019s under review by the government whether the takeover will take place. You\u2019re dealing with regulatory uncertainty right now. If you bought it before the takeover, unless you\u2019re in tune with what will happen, he wouldn\u2019t own the stock any longer. The price is fair.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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Air Canada (AC-T)<\/a>
\nThe largest airline in Canada. A well run company. They are in exclusive talks to buy Air Transat since May of this year. They experienced some problems with the Boeing 737 issue.<\/p>\n

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\n\t\t\t\t\n\t\t\t\t\t\"Air\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tAir Canada (AC-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about AC-T: He got rid of it due to the choppy chart. Airlines are labour-intensive, subject to strikes, have high fuel costs, sensitive to the economy.\u00a0Chart's showing it's neither here nor there. If it broke a bit below where it is now, as part of a longer-term downtrend, could easily see $10 range and…<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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Chorus Aviation Inc (CHR-T)<\/a>
\nThey operate Air Canada Jazz. The new agreement with them will run for 17 years. They pay a good dividend and are doing very well with a big profit margin.<\/p>\n

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\n\t\t\t\t\n\t\t\t\t\t\"Chorus\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tChorus Aviation Inc (CHR-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about CHR-T: Owns shares in company. Has done well the past year. Expecting further upside going forward. Dividend is expected sometime soon. Subcontracting business from Air Canada very good for reliable revenues. Price multiple not as high as it should be.\u00a0<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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Transat .A. T. Inc (TRZ.A-T)<\/a>
\nTransat is in exclusive acquisition talks with Air Canada and the outlook is very positive.<\/p>\n

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\n\t\t\n\t\t\tCompany Index \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Browse a daily summary of experts opinions on stocks and stock investment information.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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Canada Jetlines Ltd (JET-X)<\/a>
\nA Canadian ultra low-cost airline out of Vancouver that is just getting off the ground. They recently announced that they successfully launched their system for ticket sales.<\/p>\n

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\n\t\t\t\t\n\t\t\t\t\t\"Jet\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tJet Metal Corp (JET-X) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about JET-X: These people are going to start up an ultra low-cost carrier in Canada. They haven\u2019t got into flying yet, and haven\u2019t got the business off the ground. They plan to go into some of the markets that are under serviced, where other carriers are not into them right now. They are working…<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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US Stocks<\/strong>
\nSouthwest Airlines (LUV-N)<\/a>
\nThe world\u2019s largest low-cost carrier. They pay a good dividend. They are moving into more longer range flights and moving out of their traditional shorter range flights.<\/p>\n

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\n\t\t\t\t\n\t\t\t\t\t\"Southwest\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tSouthwest Airlines (LUV-N) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about LUV-N: The airlines had a big cyclical move down.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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American Airlines Group (AAL-Q)<\/a>
\nPrice competition has been tough for American Airlines and the stock price has been volatile. They recently extended their 737 MAX fllight cancellation period.<\/p>\n

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\n\t\t\t\t\n\t\t\t\t\t\"American\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tAmerican Airlines Group (AAL-Q) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about AAL-Q: The price has returned to the Covid era. People don't like the stock. Prefers Delta. Airlines are at best trading stocks.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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Spirit Airlines Inc. (SAVE-N)<\/a>
\nAn ultra-low-cost carrier from Florida. They are 7th in the commercial airline sector in the US. Low fuel costs have improved the bottom line significantly. They are anticipating a capacity growth of 13% in 2019, year-to-year.<\/p>\n

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\n\t\t\t\t\n\t\t\t\t\t\"Spirit\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tSpirit Airlines Inc. (SAVE-N) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about SAVE-N: Each time they fly, they lose money. He hopes they come out of the market to reduce capacity and increase overall airline demand for the other airlines.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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Delta Air Lines Inc (DAL-N)<\/a>
\nThe company is doing well and ordering premium economy seats that will boost revenue. They have good free cash flow too. The company intends to continue buying back shares and raising dividends.<\/p>\n

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\n\t\t\t\t\n\t\t\t\t\t\"Delta\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tDelta Air Lines Inc (DAL-N) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about DAL-N: They report Thursday. One of the best stocks in airlines, but is still -5% this year. There's still demand for travel, though the consumer is weaker. Caveat: airlines are tough to own, since so much can go wrong.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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United Continental Holdings (UAL-N)<\/a>
\nAn airline holding company that owns and operates United Airlines. Their earnings are growing and revenues per available seat mile is also up 4.3% since last year.<\/p>\n

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\n\t\t\t\t\n\t\t\t\t\t\"United\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tUnited Continental Holdings (UAL-N) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about UAL-N: Stockchase Research Editor: Michael O'Reilly Travelers are feeling US tariff concerns are easing with recent agreements with China and Europe -- boding well again for international travel.\u00a0 The company trades at 7x earnings, 2x book and supports a ROE of 33%.\u00a0 Cash reserves are still growing, while debt is aggressively retired.\u00a0 We…<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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Boeing (BA-N)<\/a>
\nStock prices have been struggling since the 737 Max crash. They are trading at 23x forward earning which is considered quite expensive. However, they are in a duopoly and demand for transport is strong. It will not go up in the short-term but worth holding.<\/p>\n

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Opinion about BA-N: Ups and downs over the years. OK right now and looks fairly resilient. Trending upward, so far so good. Holding above $200-210 support. You have to play the trend on this one. (Years ago, he got back in thinking all troubles were behind it, and he woke up one morning to find…<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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JetBlue Airways Corp. (JBLU-Q)<\/a>
\nAn American low-cost carrier and the 6th largest in the US. The company hopes to double earnings by 2020. They are in the final stages of their program to cut costs in maintenance and airline staff.<\/p>\n

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\n\t\t\t\t\n\t\t\t\t\t\"JetBlue\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tJetBlue Airways Corp. (JBLU-Q) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about JBLU-Q: Announced a hostile takeover of Spirit Airlines today. Really? Won't the Justice Department and Pres. Bidec nix this deal for being anti-competitive?<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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Skywest Inc (SKYW-Q)<\/a>
\nA holding company that operates SkyWest Airlines and ExpressJet. Their cash outlook is great and are considered undervalued right now.<\/p>\n

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\n\t\t\t\t\n\t\t\t\t\t\"Skywest\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tSkywest Inc (SKYW-Q) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about SKYW-Q: (A Top Pick Jan 18\/22, Down 27.2%)Stockchase Research Editor: Michael O\u2019Reilly Our PAST TOP PICK with SKYW has triggered its stop at $30. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 31%, when combined with our previous buy recommendation.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

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Airbus (EADSY-OTC)<\/a>
\nA European aerospace corporation. They have a backlog of orders and China seems to favor Airbus over Boeing. They bought the CSeries program from Bombardier last year that should create more lightweight planes.<\/p>\n

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\n\t\t\t\t\n\t\t\t\t\t\"Airbus\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tAirbus (EADSY-OTC) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
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Opinion about EADSY-OTC: (A Top Pick Aug 27\/24, Up 35%) There is an insatiable demand globally for new aircraft so there is a huge backlog. The big hold back is engines. Airbus has 50 to 60 planes waiting for engines. Boeing has had issues. He still owns but is trimming.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Airlines recently went through a string of consolidation with the most recent purchase of Westjet Airlines (WJA-T) and the acquisition proposal of Transat (TRZ.A-T) by Air Canada (AC-T). The airline industry has recently received extensive press with the Boeing 737 […]<\/p>\n","protected":false},"author":9,"featured_media":76050,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[17],"tags":[],"class_list":["post-75829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lists"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/75829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=75829"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/75829\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/76050"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=75829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=75829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=75829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}