After being beaten down by the coronavirus pandemic, airline stocks have bounced back strongly over the last year or so. However, concerns over rising fuel prices have pulled the majority of the stocks down again this year. Still, many analysts believe that airline stocks are poised to offer potential long-term gains to investors if they are willing to weather some near-term headwinds. Let’s take a look at the five best and worst performing airlines stocks in 2022 (so far).
5 Best Performing Airlines Stocks In 2022 (So Far)
We have used the year-to-date return data (from finviz.com) of the airlines to rank the five best and worst performing airlines stocks in 2022 so far.
5. Alaska Air Group (-11%)
Founded in 1985 and headquartered in Seattle, Alaska Air Group (NYSE:ALK) offers air transportation services. The shares are down by almost 18% in the last year but are up by almost 12% in the last month. As of this writing, the shares are trading at over $46 (52-week range of $38.19 to $63.76), giving it a market cap of more than $5.90 billion.
4. Hawaiian Holdings (-10%)
Founded in 1929 and headquartered in Honolulu, Hawaii, Hawaiian Holdings (NASDAQ:HA) offers air transportation services, including cargo handling and passenger flights. The shares are down by almost 16% in the last year but are up by over 9% in the last month. As of this writing, Hawaiian Holdings shares are trading at over $16 (52-week range of $12.76 to $24.20), giving it a market cap of more than $800 million.
3. Southwest Airlines (-9%)
Founded in 1967 and headquartered in Dallas, Southwest Airlines (NYSE:LUV) offers passenger airline services. The shares are down by almost 23% in the last year and down almost 2% in the last month. As of this writing, Southwest Airlines shares are trading at over $38 (52-week range of $34.36 to $56.33), giving it a market cap of more than $23 billion.
2. Frontier Group Holdings (4%)
Founded in 2013 and headquartered in Denver, Frontier Group (NASDAQ:ULCC) offers passenger airline services throughout the United States. The shares are down by almost 9% in the last year but are up by over 28% in the last month. As of this writing, Frontier Group Holdings shares are trading at over $13.90 (52-week range of $8.19 to $17.50), giving it a market cap of more than $3 billion.
1. Spirit Airlines (13%)
Founded in 1964 and headquartered in Miramar, Fla., Spirit Airlines (NYSE:SAVE) offers travel services to customers. The shares are down by almost 1% in the last year but are up by almost 1% in the last month. As of this writing, Spirit Airlines shares are trading at over $24 (52-week range of $15.92 to $28.30), giving it a market cap of more than $2.60 billion.
5 Worst Performing Airlines Stocks In 2022 (So Far)
5. Sun Country Airlines Holdings (-27%)
Founded in 2017 and headquartered in Minneapolis, Sun Country Airlines (NASDAQ:SNCY) offers scheduled passenger services, charter air transportation and cargo services.The shares are down by over 40% in the last year but are up by almost 4% in the last month. As of this writing, Sun Country Airlines shares are trading at over $19.80 (52-week range of $17.00 to $36.87), giving it a market cap of more than $1.10 billion.
4. JetBlue Airways (-37%)
Founded in 1998 and headquartered in Long Island City, N.Y., JetBlue Airways (NASDAQ:JBLU) offers air transportation services in the U.S., Caribbean and Latin America. The shares are down by almost 42% in the last year but are up by over 10% in the last month. As of this writing, JetBlue Airways shares are trading at over $8.90 (52-week range of $7.87 to $16.65), giving it a market cap of more than $2.80 billion.
3. Skywest (-40%)
Founded in 1972 and headquartered in St. George, Utah, SkyWest (NASDAQ:SKYW) offers scheduled passenger services in the U.S., Canada, Mexico and the Caribbean. The shares are down by over 43% in the last year but are up by over 9% in the last month. As of this writing, Skywest shares are trading at over $23 (52-week range of $20.06 to $53.05), giving it a market cap of more than $1.10 billion.
2. Allegiant Travel (-43%)
Founded in 1997 and headquartered in Las Vegas, Allegiant Travel (NASDAQ:ALGT) offers travel services, including scheduled service air transportation, fixed fee contract air transportation and more. The shares are down by over 44% in the last year and down over 7% in the last month. As of this writing, Allegiant Travel shares are trading at over $107 (52-week range of $102.99 to $215.48), giving it a market cap of more than $1.90 billion.
1. Mesa Air Group (-51%)
Founded in 1982 and headquartered in Phoenix, Mesa Air (NASDAQ:MESA) operates as a commercial aviation holding company that offers regional air carrier and passenger transportation services. The shares are down by almost 66% in the last year but are up by over 36% in the last month. As of this writing, Mesa Air Group shares are trading at over $2.70 (52-week range of $2.00 to $9.18), giving it a market cap of more than $97 million.