Airline & Aviation Sector

E-WASTE: Safety and Sustainability in the Airline Industry

Public Airline and Aviation Companies

Airline Industry

The airline industry encompasses a wide range of businesses, called airlines, which offer air transport services for paying customers or business partners. These air transport services are provided for both human travellers and cargo, and are most commonly offered via jets, although some airlines also use helicopters.

Airlines may offer scheduled and/or chartered services and the airline industry forms a key part of the wider travel industry, providing customers with the ability to purchase seats on flights and travel to different parts of the world. The airline industry offers a variety of career paths, including pilots, flight attendants and ground crew.

Aviation Industry

Aviation is the activities surrounding mechanical flight and the aircraft industry. Aircraft includes fixed-wing and rotary-wing types, morphable wings, wing-less lifting bodies, as well as lighter-than-air craft such as hot air balloons and airships.

Aviation began in the 18th century with the development of the hot air balloon, an apparatus capable of atmospheric displacement through buoyancy. Some of the most significant advancements in aviation technology came with the controlled gliding flying of Otto Lilienthal in 1896; then a large step in significance came with the construction of the first powered airplane by the Wright brothers in the early 1900s. Since that time, aviation has been technologically revolutionized by the introduction of the jet which permitted a major form of transport throughout the world.

Airlines on American Exchanges

CompanyRevenues ($)Net Income ($) Cash ($)Total Equity ($)
Alaska Air Group1.6B-0.2B2.1B4.0B
Allegiant Air0.4B-33.0M0.5B0.8B
American Airlines8.5B-2.2B0.5B-2.6B
COPA Holdings0.6B74.3M1.0B2.0B
Delta Airlines8.6B-0.5B6.0B14.3B
Hawaiian Holdings0.6B-0.1B0.8B0.9B
LATAM Airlines2.3B-2.1B0.8B82.4M
United Airlines8.0B-1.7B5.2B9.4B
Ryanair ADR1.2B-0.6B3.8B5.0B
Southwest Airlines4.2B-94M5.5B9.1B
Spirit Airlines0.8B-28M0.9B2.2B
SkyWest0.7B30M0.6B2.2B
Update June 1, 2020

Canadian Airlines

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CompanyRevenues ($)Net Income ($)Cash ($)Total Equit($)
Air Canada3.7B-1.1B6.1B4.3B
Air Transat0.7B33.8M0.7B0.5B
CargoJet123M02.2M0.3B
Chorus Aviation0.4B-17.3M90.7M0.6B
Updated June 1, 2020

Aircraft Manufacturers

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CompanyRevenues ($)Net Income ($) Cash ($)Total Equity ($)
AirBus10.6B-0.5B3.1B3.5B
Boeing16.9B-0.6B15.5B-9.7B

Airline Industry News

Rebound of Airline Stocks

The airline industry contributes greatly to countries’ employment while bridging continents for global trade & travel, faces its greatest crisis as the coronavirus outbreak wiped out business and customer plans with governmental-level restrictions on free travel which have only begun easing with the most recent steps toward normalization. However many investors are starting to regain confidence inContinue reading “Rebound of Airline Stocks”

Scotiabank Boosts Air Canada Price Target

Scotiabank analyst boosted Air Canada’s (TSX: AC) price target from $25 to $26 on June 2, 2020. Air Canada provides airline transportation services. It engages in full-service airline, scheduled passenger and cargo services, serving more than two hundred airports on six continents. It operates flights in Canada, the USA, Latin America, Europe, Australia and Asia.Continue reading “Scotiabank Boosts Air Canada Price Target”

Air Canada Announces Closing of Offering of Shares and Convertible Senior Notes, Raising Gross Proceeds of Nearly C$1.6B

Air Canada closed previously announced underwritten marketed public offering of 35,420,000 Class A Variable Voting Shares and/or Class B Voting Shares of the Company at a price to the public of C$16.25 per Share, for aggregate gross proceeds of C$575,575,000. Air Canada (TSX: AC) (the “Company”) today announced the closing of its previously announced underwritten marketed public offering ofContinue reading “Air Canada Announces Closing of Offering of Shares and Convertible Senior Notes, Raising Gross Proceeds of Nearly C$1.6B”

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