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Category: Southwest Airlines (LUV) and Caterpillar (CAT)
Date: 2- June 2021 Stock price of Southwest (LUV): $52.92 Stock price of Caterpillar (CAT): $30.68 Stock price performance comparison between two of the biggest machinery and equipment manufacturers in the world. We compare the stock performance of Deere & Co (DE) and Caterpillar (CAT): Which of these two machinery equipment stocks has been lifting the heaviest when it comes to stock price returns over the last 5 years?
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The stock of Southwest Airlines has easily outperformed that of Spirit Airlines over the last 5 years. Over the last 5 years for every 1% that Southwest Airlines stock increased the stock of Spirit Airlines decreased by -0.63%"
More Spirit Airlines
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 Southwest Airlines (LUV)
In its 50th year of service, Dallas-based Southwest Airlines Co. continues to differentiate itself from other air carriers with exemplary Customer Service delivered by more than 56,000 Employees to a Customer base that topped 130 million Passengers in 2019. Southwest has a robust network of point-to-point service with a strong presence across top leisure and business markets. In peak travel seasons during 2019, Southwest operated more than 4,000 weekday departures among a network of 101 destinations in the United States and 10 additional countries. In 2020, the carrier added service to Hilo, Hawaii; Cozumel, Mexico; Miami; Palm Springs, Calif.; Steamboat Springs; and Montrose (Telluride/Crested Butte), Colo. Thus far in 2021, Southwest has initiated service to Chicago (O'Hare) and Sarasota/ Bradenton, both on Feb. 14; Savannah/Hilton Head and Colorado Springs, Colo., both on March 11; Houston (Bush) and Santa Barbara, Calif., both on April 12; Fresno, Calif., on April 25; Destin/Fort Walton Beach on May 6; as well as Myrtle Beach S.C., on May 23; and will begin service to Bozeman, Mont., on May 27; Jackson, Miss., on June 6; and Eugene, Ore., on Aug. 29. The Company also has announced an intention to initiate new service to Bellingham, Wash., later this year.
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Spirit Airlines (SAVE) vs Southwest Airlines (LUV) stock comparison chart
The image below shows the stock price performance of Spirit Airlines (SAVE) and Southwest Airlines (LUV) over the last 5 years. And while its been a very tough time for airlines recently, due to travel restrictions due to the Covid-19 pandemic, one of these two airlines still managed to provide a decent returns to stockholders over the last 5 years.. The summary below shows the stock price returns of Domino's Pizza (DPZ) and Papa Johns (PZZA) over the last 5 years:
The stock of Southwest Airlines has easily outperformed that of Spirit Airlines over the last 5 years. Over the last 5 years for every 1% that Southwest Airlines stock increased the stock of Spirit Airlines decreased by -0.63%
- Southwest Airlines (LUV): 42.5%
- Spirit Airlines (SAVE): -26.90%
The stock of Southwest Airlines has easily outperformed that of Spirit Airlines over the last 5 years. Over the last 5 years for every 1% that Southwest Airlines stock increased the stock of Spirit Airlines decreased by -0.63%
Market Capital of Spirit Airlines (SAVE) and Southwest Airlines (LUV)
So what does market capital mean? Well it basically shows what a firm is worth based on the number of shares it has in issue and its current stock price. As at 28 June 2021 Spirit Airlines (SAVE) and Southwest Airlines (LUV) has the following market capitals
Based on the current market capital of both firms Southwest Airlines is 8.3 times the size of Spirit Airlines
- Market Capital of Spirit Airlines (SAVE): $3.4 billion
- Market Capital of Southwest Airlines (LUV): $31.5 billion
Based on the current market capital of both firms Southwest Airlines is 8.3 times the size of Spirit Airlines
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