What is your Airline worth?
 

Market capitalization/capitalisation (aka market cap, mkt cap or capitalized/capitalised value) is a measurement of corporate economic Wealth size equal to the share price times the number of shares outstanding of a public company. As owning stock represents owning the company, including all its assets, capitalization could represent the public opinion of a company's net worth and is a determining factor in stock valuation


Name..................................Last Trade....................Mkt Cap
UAL Corporation UAUA.................9.44....................... 1.2B
Continental Airlines, Inc]............13.47...................... 1.49B
Delta Air Lines, Inc.....................6.90...................... 2.13B
US Airways Group, Inc................5.67........................ 646.96M
Southwest Airlines Co.................7.03...................... 5.20B
JetBlue Airways Corporation.........5.63...................... 1.53B
Alaska Air Group, Inc.................26.36........................ 954.47M
Hawaiian Holdings, Inc.................4.07........................ 209.47M
British Airways..........................17.30 *................... 2.00B
Frontier Airlines Holdings,.............0.250 *..................... 09.24M
AMR Corporation.........................5.94.......... ........... 1.66B
AirTran Holdings, Inc...................4.10........................ 480.64M

I am surprised to see AMR worth less than $2 more than Airtran while UAL is worth almost $10. Good luck to our brother /sisters at Frontier.
Seems like Southwest could buy most of us out! In my case it would not be a bad thing.
I know this is not reality but it might reflect perception.

[quote=Boogie Nights;548882]Market capitalization/capitalisation (aka market cap, mkt cap or capitalized/capitalised value) is a measurement of corporate economic Wealth size equal to the share price times the number of shares outstanding of a public company. As owning stock represents owning the company, including all its assets, capitalization could represent the public opinion of a company's net worth and is a determining factor in stock valuation.(quote)


Probably only in Econ 101. If it was an accurate measurement, then these stock prices need to at least go up 100%. Most legacys have more cash in the bank than their market cap states. But this is the danger of the infamous "leveraged buyout" that Lorenzo and others perfected.

Carpe Diem

[QUOTE=REAL Pilot;548902]You beat me to it. DAL's cash on hand is slightly more than $6 billion. Thank God the hedge funds have no capital to do anything. From a stock standpoint, this indicates supremely undervalued prices. However, given the market and uncertainty it would be risky to do any investing in airlines. However, if you have some cash and are willing to gamble, there could potentially be some very good buys right now.

This is a good link to follow changing market cap & news :)

http://www.airlinepilotcentral.com/frame/news.html

Thanks for the info.

Scary that the government could almost buy all the airlines for less than $13 billion.

A billion here and a billion there and pretty soon you are talking "real money"

Carpe Diem

So guess who made money?
 

I was reading in the paper tonight.....
All the airlines earnings and writeoffs losses etc
All were reporting losses EXCEPT

Wait for it ....................... FRONTIER!!!
Never has an airline been so lucky to be in bankruptcy!!
They were unable to hedge fuel during the fall, fuel in the $90's
so they did not lose money fuel hedging. In fact they made a profit of $18.1 Million, just under twice their stock value. They said they were hoping to emerge from bankruptcy. Thats a nice 2/1 return on investment.

Congrats to Frontier!!

Hard to believe that Warren Buffet and Bill Gates could buy EVERY airline and ALL their debt, ....... and still have plenty of money left over. Must be nice. :p

There's a reason they can afford to do that, and it has to do with them not investing in airlines. Actually it's sad that the only people who can afford to invest are the only ones smart enough not to.