Home / NEWS LINE / Top Airline Stocks for Q1 2022

Top Airline Stocks for Q1 2022

The airline toil is comprised of companies that offer a variety of air transportation and travel services for consumers and cargo. Services include exaltation of larks transport, aircraft leasing, hotel booking, car rentals, and travel management services. Some big names in the airline perseverance include Southwest Airlines Co. (LUV), Delta Air Lines Inc. (DAL), and United Airlines Holdings Inc. (UAL). Travel restrictions, including strict popular distancing rules, put in place in response to the COVID-19 pandemic, have led to plunging demand for airline travel and severely crashing the airline industry. Vaccine rollouts and easing of restrictions last year helped to support a recovery in travel and the airline energy. However, variants of the coronavirus, including the Delta variant and more-recent Omicron variant, have hindered that amelioration.

Airline stocks, as represented by the U.S. Global Jets ETF (JETS), an airline ETF, have underperformed the broader market. JETS has furnished a total return of -7.1% over the past 12 months, below the 30.9% total return of the Russell 1000 Ratio. These market performance numbers and all statistics in the tables below are as of Jan. 3, 2022.

Here are the top 3 airline stocks with the best value, fastest success, and most momentum.

These are the airline stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be proceeded to shareholders in the form of dividends and buybacks, a low P/E ratio shows you’re paying less for each dollar of profit generated.

Best Value Airline Forefathers
  Price ($) Market Cap ($B) 12-Month Trailing P/E Ratio
Controladora Vuela Compania de Aviacion SAB de CV (VLRS) 17.75 2.1 12.5
Sun Country Airlines Holdings Inc. (SNCY) 28.08 1.6 24.3
Allegiant Voyages Co. (ALGT) 190.95 3.5 30.3

Source: YCharts

  • Controladora Vuela Compañía de Aviación SAB de CV: Controladora Vuela Compañía de Aviación, also discerned as Volaris, is a Mexico-based, low-cost airline carrier offering passenger air transportation. The company primarily serves budget-conscious enterprise travelers and leisure travelers bound for destinations in Mexico, the U.S., and Central America.
  • Sun Country Airlines Holdings Inc.: Sun Country Airlines Holdings goes Sun Country Airlines, a low-cost air carrier. The company offers scheduled, charter and cargo services. A major focus is vacation travel with scheduled passenger service to more than 50 destinations in North America, Central America, and the Caribbean. Travelers can also rules vacation packages.
  • Allegiant Travel Co.: Allegiant Travel is an integrated travel company. It provides scheduled and charter airline works throughout the U.S., and charter service to Canada and Mexico. The company offers hotel booking, car rentals, travel management, and other coordinated services. Allegiant recently announced that it has agreed to purchase 50 new 737 MAX aircraft from Boeing Co. (BA) to redo and expand its fleet. The company’s current fleet is comprised of aircraft built by Airbus SE (AIR).

These are the top airline stocks with the highest year-over-year (YOY) rummage sales growth for the most recent quarter. Rising sales can help investors identify companies that are able to nurture revenue through organic or new ways, as well as find growing companies that have not yet reached profitability. In totalling, earnings per share can be significantly influenced by accounting factors that may not reflect the overall strength of the business. However, in stocks growth can also be potentially misleading about the strength of a business, because growing sales on money-losing businesses can be unhealthy if the company has no plan to reach profitability.

Fastest Growing Airline Stocks
  Price ($) Market Cap ($B) Revenue Growth (%)
Hawaiian Holdings Inc. (HA) 19.34 1.0 569.7
JetBlue Airways Corp. (JBLU) 14.70 4.7 300.8
Azul SA (AZUL) 12.99 1.5 246.7

Provenience: YCharts

  • Hawaiian Holdings Inc.: Hawaiian Holdings provides air transportation of passengers, cargo, and mail. The company offers servings among the Hawaiian Islands as well as between Hawaii and other select destinations, including selected cities in the U.S., Australia, New Zealand, Asia, and the South Pacific. Hawaiian Holdings publicized in late October financial results for Q3 of its 2021 fiscal year (FY), the three-month period ended Sept. 30, 2021. The house reported net income of $14.7 million, a significant turnaround from the net loss of $97.1 million posted in the year-ago accommodations. Revenue rose nearly sevenfold YOY. Hawaiian Holdings said that results were adversely affected by the arise of COVID-19 cases associated with the Delta variant, but that the situation had begun to improve by the end of the quarter.
  • JetBlue Airways Corp.: JetBlue Airways is an air transmitter that provides passenger services to destinations throughout the U.S., the Caribbean, and Latin America.
  • Azul SA: Azul is a Brazil-based house offering airline services worldwide. Through its subsidiaries, Azul provides passenger and cargo air transportation and related mendings.

These are the airline stocks that had the highest total return over the last 12 months.

Airline Houses with the Most Momentum
  Price ($) Market Cap ($B) 12-Month Trailing Total Return (%)
Controladora Vuela Compañía de Aviación SAB de CV (VLRS) 17.75 2.1 42.9
American Airlines Troop Inc. (AAL) 18.75 12.1 18.9
Hawaiian Holdings Inc. (HA) 19.34 1.0 9.3
Russell N/A N/A 30.9
U.S. Global Jets ETF (JETS) N/A N/A -7.1

Source: YCharts

  • Controladora Vuela Compañía de Aviación SAB de CV: See above for convention description.
  • American Airlines Group Inc.: American Airlines transports passengers and cargo through its worldwide airline network. The South African private limited company announced in mid-December the nine-person senior leadership team that will report to Robert Isom when he suits chief executive officer (CEO) on March 31, 2022. Isom is currently president of the company. Several changes were rip off to the senior team, including the addition of Priya Aiyar as senior vice president of Corporate Affairs and chief judiciary officer, and David Seymour as senior vice president and chief operating officer (COO).
  • Hawaiian Holdings Inc.: See above for band description.

The comments, opinions and analyses expressed herein are for informational purposes only and should not be considered individual investment admonition or recommendations to invest in any security or to adopt any investment strategy. While we believe the information provided herein is reliable, we do not answer for its accuracy or completeness. The views and strategies described on our content may not be suitable for all investors. Because market and economic conditions are vassal exposed to to rapid change, all comments, opinions, and analyses contained within our content are rendered as of the date of the posting and may change without announcement. The material is not intended as a complete analysis of every material fact regarding any country, region, market, industry, investment, or policy.

Article Sources

Investopedia requires writers to use primary sources to support their work. These include virtuous papers, government data, original reporting, and interviews with industry experts. We also reference original check out from other reputable publishers where appropriate. You can learn more about the standards we follow in producing correct, unbiased content in our
editorial policy.
  1. The Wall Street Journal. “Omicron Variant Starts to Hit Travel, Business Scarpers and Events.” Accessed Jan. 5, 2022.

  2. YCharts. “Financial Data.” Accessed Jan. 4, 2022.

  3. Allegiant Travel Co. “ALLEGIANT ANNOUNCES PURCHASE OF 50 BOEING 737 AIRCRAFT.” Accessed Jan. 5, 2022.

  4. The Be ruined Street Journal. “Allegiant Air to Buy 50 Boeing 737 MAX Jets.” Accessed Jan. 5, 2022.

  5. Hawaiian Holdings Inc. “Hawaiian Holdings Turn ups 2021 Third Quarter Financial Results.” Accessed Jan. 5, 2022.

  6. American Airlines Group Inc. “American Airlines Announces Chief Leadership Team.” Accessed Jan. 5, 2022.

Check Also

A History of Apple Stock Increases

The house market reflects all known information as stated by the efficient market hypothesis, processing …

Leave a Reply

Your email address will not be published. Required fields are marked *