All Entries Tagged With: "How America Ended Up With Four Airlines"

How America Ended Up With Four Airlines

Throughout the past few years the airline industry has been completely reshuffled, through various bankruptcies and mergers have reduced the major U.S. airlines down to four mega-carriers. Stocks on Wall Street has been a huge supporter of the airline industry specifically five stocks we invested in. Their overall performance since we originally invested are listed below:

Allegiant Travel (NASDAQ: ALGT) ⇧86.13%

Boeing (NYSE: BA) ⇧19.21%

Delta Air Lines (NYSE: DAL)  ⇧104.61%

Southwest Airlines (NYSE: LUV) ⇧36.35%

UAL Corp (NYSE: UAL)  ⇧60.42%

Total: ⇧306.72%

Average: ⇧61.34%

To read our original article on the airline stocks, click on the link: Five Airline Stocks That Continue To Soar

Below is a chart to see how exactly the airline industry has shifted over the years and how America has now ended up with four major airlines.

click for ginormous graphic

Source: CNN/Money

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