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Category: Spirit Airline (SAVE). JetBlue (JBLU) and Southwest Airlines (LUV)
Date: 17 February 2021 Stock price of Spirit Airlines (SAVE): $31.26 Stock price of JetBlue (JBLU): $16.73 Stock price of Southwest Airlines (LUV): $51.96 We take a look at the stock price performance of three of the smaller airlines operating in the United States. We take a look at the stock performance of Spirit (SAVE), JetBlue (JBLU) and Southwest (LUV) over the last 5 years. Which stock comes out on top?
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And for the bulk of airliners its not been a good time, largely due to the impact of Covid-19 on air travel. The summary below shows the stock price returns of each of these airlines over the last 5 years. "
More About Spirit Airlines (SAVE)
Spirit Airlines, Inc. ("Spirit Airlines"), headquartered in Miramar, Florida, offers affordable travel to value-conscious customers. Our all-Airbus fleet is one of the youngest and most fuel efficient in the United States. We serve 78 destinations in 16 countries throughout the United States, Latin America and the Caribbean. Our stock trades under the symbol "SAVE" on the New York Stock Exchange ("NYSE").
Our ultra low-cost carrier, or ULCC, business model allows us to compete principally by offering customers unbundled base fares that remove components traditionally included in the price of an airline ticket. By offering customers unbundled base fares, we give customers the power to save by paying only for the Á La Smarte options they choose, such as checked and carry-on bags, advance seat assignments, priority boarding and refreshments. We record revenue related to these options as non-fare passenger revenue, which is recorded within passenger revenues in our consolidated statements of operations
Our ultra low-cost carrier, or ULCC, business model allows us to compete principally by offering customers unbundled base fares that remove components traditionally included in the price of an airline ticket. By offering customers unbundled base fares, we give customers the power to save by paying only for the Á La Smarte options they choose, such as checked and carry-on bags, advance seat assignments, priority boarding and refreshments. We record revenue related to these options as non-fare passenger revenue, which is recorded within passenger revenues in our consolidated statements of operations
More About JetBlue (JBLU)
JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles (Long Beach), Orlando, and San Juan. JetBlue carries more than 42 million customers a year to nearly 100 cities in the U.S., Caribbean, and Latin America with an average of more than 1,000 daily flights
More About Southwest Airlines (LUV)
In its 49th year of service, Dallas-based Southwest Airlines Co. (NYSE: LUV) continues to differentiate itself from other air carriers with exemplary Customer Service delivered by more than 60,000 Employees to a Customer base topping 130 million passengers annually. Southwest became the nation’s largest domestic air carrier in 2003 and maintains that ranking based on the U.S. Department of Transportation’s most recent reporting of domestic originating passengers boarded. In peak travel seasons, Southwest operates more than 4,000 weekday departures among a network of 101 destinations in the United States and 10 additional countries.
Southwest coined Transfarency® to describe its purposed philosophy of treating Customers honestly and fairly, and low fares actually staying low. Southwest is the only major U.S. airline to offer bags fly free® to everyone (first and second checked pieces of luggage, size and weight limits apply, some carriers offer free checked bags on select routes or in qualified circumstances), and there are no change fees, though fare differences might apply.
Southwest is committed to returning value to its Shareholders. Since 2010, Southwest has returned more than $11.7 billion to Shareholders through share repurchases and dividends, through September 30, 2019. In the first nine months of 2019, Southwest returned $1.8 billion to Shareholders through the repurchase of $1.45 billion in common stock and the payment of $372 million in dividends.
Southwest coined Transfarency® to describe its purposed philosophy of treating Customers honestly and fairly, and low fares actually staying low. Southwest is the only major U.S. airline to offer bags fly free® to everyone (first and second checked pieces of luggage, size and weight limits apply, some carriers offer free checked bags on select routes or in qualified circumstances), and there are no change fees, though fare differences might apply.
Southwest is committed to returning value to its Shareholders. Since 2010, Southwest has returned more than $11.7 billion to Shareholders through share repurchases and dividends, through September 30, 2019. In the first nine months of 2019, Southwest returned $1.8 billion to Shareholders through the repurchase of $1.45 billion in common stock and the payment of $372 million in dividends.
Spirit (SAVE) vs JetBlue (JBLU) vs Southwest (LUV) stock over the last 5 years
The image below shows the stock price performance and returns provided by Spirit Airlines (SAVE), JetBlue Airlines (JBLU) and Southwest Airlines (LUV) over the last 5 years. And for the bulk of airliners its not been a good time, largely due to the impact of Covid-19 on air travel. The summary below shows the stock price returns of each of these airlines over the last 5 years.
So Southwest Airlines have been the best performer while stock of Spirit Airlines has been the worst performer
- LUV: 19.4%
- JBLU: -16.6
- SAVE: -29.9%
So Southwest Airlines have been the best performer while stock of Spirit Airlines has been the worst performer
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