{"id":13474,"date":"2025-10-13T08:05:59","date_gmt":"2025-10-13T08:05:59","guid":{"rendered":"https:\/\/www.gainify.io\/blog\/?p=13474"},"modified":"2025-11-21T07:22:42","modified_gmt":"2025-11-21T07:22:42","slug":"airline-stocks","status":"publish","type":"post","link":"https:\/\/www.gainify.io\/blog\/airline-stocks","title":{"rendered":"Airline Stocks: 18 Major U.S. and European Airlines Ranked by Market Cap"},"content":{"rendered":"\n

Airline stocks<\/a> are a crucial part of global equity markets, reflecting the scale of international travel, regional connectivity, and new forms of aviation. From U.S. giants and European low-cost carriers to Canadian operators and new entrants in electric air mobility, these companies represent the full spectrum of passenger aviation.<\/p>\n\n\n\n

Below is a ranking of 18 major listed airline stocks by market capitalization<\/strong>, including their valuation metrics and analyst upside.
(Data as of October 7, 2025)<\/em><\/p>\n\n\n\n

Comparison Table: 18 Major Airline Stocks<\/strong><\/h2>\n\n\n\n
#<\/strong><\/div><\/td>
Company Name<\/strong><\/div><\/td>
Ticker<\/strong><\/div><\/td>
Market Cap<\/a><\/strong><\/div><\/td>
Analyst Upside<\/strong><\/div><\/td>
Forward P\/E<\/strong><\/div><\/td><\/tr>
1<\/div><\/td>
Delta Air Lines<\/a><\/div><\/td>
DAL<\/a><\/div><\/td>
$37.79B<\/div><\/td>
+23.05%<\/div><\/td>
9.94x<\/div><\/td><\/tr>
2<\/div><\/td>
United Airlines Holdings<\/a><\/div><\/td>
UAL<\/a><\/div><\/td>
$31.42B<\/div><\/td>
+20.63%<\/div><\/td>
9.24x<\/div><\/td><\/tr>
3<\/div><\/td>
Ryanair Holdings<\/a><\/div><\/td>
RYA<\/a><\/div><\/td>
$30.49B<\/div><\/td>
+13.59%<\/div><\/td>
11.15x<\/div><\/td><\/tr>
4<\/div><\/td>
International Airlines Group<\/a><\/div><\/td>
IAG<\/a><\/div><\/td>
$24.09B<\/div><\/td>
+29.00%<\/div><\/td>
6.52x<\/div><\/td><\/tr>
5<\/div><\/td>
Southwest Airlines<\/a><\/div><\/td>
LUV<\/a><\/div><\/td>
$17.11B<\/div><\/td>
+1.35%<\/div><\/td>
34.10x<\/div><\/td><\/tr>
6<\/div><\/td>
Joby Aviation<\/a><\/div><\/td>
JOBY<\/a><\/div><\/td>
$16.75B<\/div><\/td>
-40.67%<\/div><\/td>
N\/A<\/div><\/td><\/tr>
7<\/div><\/td>
Deutsche Lufthansa<\/a><\/div><\/td>
LHA<\/a><\/div><\/td>
$10.25B<\/div><\/td>
+5.15%<\/div><\/td>
6.60x<\/div><\/td><\/tr>
8<\/div><\/td>
American Airlines Group<\/a><\/div><\/td>
AAL<\/a><\/div><\/td>
$7.81B<\/div><\/td>
+22.45%<\/div><\/td>
27.06x<\/div><\/td><\/tr>
9<\/div><\/td>
Alaska Air Group<\/a><\/div><\/td>
ALK<\/a><\/div><\/td>
$5.59B<\/div><\/td>
+42.16%<\/div><\/td>
16.49x<\/div><\/td><\/tr>
10<\/div><\/td>
Copa Holdings<\/a><\/div><\/td>
CPA<\/a><\/div><\/td>
$4.99B<\/div><\/td>
+27.80%<\/div><\/td>
7.41x<\/div><\/td><\/tr>
11<\/div><\/td>
easyJet<\/a><\/div><\/td>
EZJ<\/a><\/div><\/td>
$4.74B<\/div><\/td>
+37.13%<\/div><\/td>
7.16x<\/div><\/td><\/tr>
12<\/div><\/td>
SkyWest<\/a><\/div><\/td>
SKYW<\/a><\/div><\/td>
$4.05B<\/div><\/td>
+29.37%<\/div><\/td>
9.96x<\/div><\/td><\/tr>
13<\/div><\/td>
Air Canada<\/a><\/div><\/td>
AC<\/a><\/div><\/td>
$3.89B<\/div><\/td>
+33.91%<\/div><\/td>
17.02x<\/div><\/td><\/tr>
14<\/div><\/td>
Jet2<\/a><\/div><\/td>
JET2<\/a><\/div><\/td>
$3.84B<\/div><\/td>
+38.84%<\/div><\/td>
6.92x<\/div><\/td><\/tr>
15<\/div><\/td>
Air France\u2013KLM<\/a><\/div><\/td>
AF<\/a><\/div><\/td>
$3.55B<\/div><\/td>
+3.19%<\/div><\/td>
2.67x<\/div><\/td><\/tr>
16<\/div><\/td>
Exchange Income Corp.<\/a><\/div><\/td>
EIF<\/a><\/div><\/td>
$2.79B<\/div><\/td>
+8.93%<\/div><\/td>
19.79x<\/div><\/td><\/tr>
17<\/div><\/td>
JetBlue Airways<\/a><\/div><\/td>
JBLU<\/a><\/div><\/td>
$1.77B<\/div><\/td>
-3.65%<\/div><\/td>
N\/A<\/div><\/td><\/tr>
18<\/div><\/td>
Wizz Air Holdings<\/a><\/div><\/td>
WIZZ<\/a><\/div><\/td>
$1.65B<\/div><\/td>
+16.36<\/div><\/td>
5.93x<\/div><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

1. Delta Air Lines (DAL)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $37.79B
Price:<\/strong> $58.26
Forward P\/E:<\/strong> 9.94x
Revenue Growth:<\/strong> 1.20%
Brands:<\/strong> Delta, Delta Connection<\/p>\n\n\n\n

Delta is the world\u2019s largest airline by market capitalization. It operates one of the broadest U.S. domestic networks and maintains global connectivity through partnerships and its membership in the SkyTeam alliance.<\/p>\n\n\n\n

2. United Airlines Holdings (UAL)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $31.42B
Price:<\/strong> $97.07
Forward P\/E:<\/strong> 9.24x
Revenue Growth:<\/strong> 3.30%
Brands:<\/strong> United Airlines, United Express<\/p>\n\n\n\n

United is one of the \u201cBig Three\u201d U.S. carriers with strong transatlantic, transpacific, and domestic networks. It is a founding member of Star Alliance, offering global reach through partnerships.<\/p>\n\n\n\n

3. Ryanair Holdings (RYA)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $30.49B
Price:<\/strong> \u20ac24.65
Forward P\/E:<\/strong> 11.15x
Revenue Growth:<\/strong> 24.10%
Brands:<\/strong> Ryanair, Buzz, Malta Air, Lauda<\/p>\n\n\n\n

Ryanair is Europe\u2019s largest low-cost carrier. It operates a network of short-haul routes across the continent and through its subsidiaries, making it one of the most recognized aviation groups in Europe.<\/p>\n\n\n\n

4. International Consolidated Airlines Group (IAG)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $24.09B
Price:<\/strong> \u00a33.88
Forward P\/E:<\/strong> 6.52x
Revenue Growth:<\/strong> 18.00%
Brands:<\/strong> British Airways, Iberia, Aer Lingus, Vueling, LEVEL<\/p>\n\n\n\n

IAG is a major European airline holding group based in the UK and Spain. Its diverse portfolio includes legacy flag carriers and low-cost operators, giving it both scale and market breadth.<\/p>\n\n\n\n

5. Southwest Airlines (LUV)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $17.11B
Price:<\/strong> $32.58
Forward P\/E:<\/strong> 34.10x
Revenue Growth:<\/strong> 2.20%
Brands:<\/strong> Southwest Airlines<\/p>\n\n\n\n

Southwest pioneered the low-cost carrier model in the U.S. and remains the largest domestic airline by passenger numbers. Known for simple pricing and high customer loyalty, it is one of the most recognized U.S. airline brands.<\/p>\n\n\n\n

6. Joby Aviation (JOBY)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $16.75B
Price:<\/strong> $19.57
Forward P\/E:<\/strong> N\/A
Revenue Growth:<\/strong> 70.40%
Brands:<\/strong> Joby (eVTOL aircraft)<\/p>\n\n\n\n

Joby is an electric aviation company focused on urban air mobility. It develops electric vertical take-off and landing aircraft and represents a new segment in passenger aviation.<\/p>\n\n\n\n

7. Deutsche Lufthansa (LHA)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $10.25B
Price:<\/strong> \u20ac7.30
Forward P\/E:<\/strong> 6.60x
Revenue Growth:<\/strong> 18.50%
Brands:<\/strong> Lufthansa, SWISS, Austrian Airlines, Brussels Airlines, Eurowings<\/p>\n\n\n\n

Lufthansa is Germany\u2019s flag carrier and one of Europe\u2019s largest aviation groups. It combines premium full-service airlines with low-cost brands and is a founding member of Star Alliance.<\/p>\n\n\n\n

8. American Airlines Group (AAL)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $7.81B
Price:<\/strong> $11.83
Forward P\/E:<\/strong> 27.06x
Revenue Growth:<\/strong> 0.60%
Brands:<\/strong> American Airlines, Envoy, PSA, Piedmont<\/p>\n\n\n\n

American Airlines operates one of the world\u2019s largest fleets with a broad global and domestic network. Its subsidiaries provide regional connectivity, and it is a founding member of the Oneworld alliance.<\/p>\n\n\n\n

9. Alaska Air Group (ALK)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $5.59B
Price:<\/strong> $48.46
Forward P\/E:<\/strong> 16.49x
Revenue Growth:<\/strong> 21.70%
Brands:<\/strong> Alaska Airlines, Horizon Air<\/p>\n\n\n\n

Alaska Air is a U.S. airline with a strong West Coast presence and expanding national network. It is also a member of Oneworld, extending its international access.<\/p>\n\n\n\n

10. Copa Holdings (CPA)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $4.99B
Price:<\/strong> $120.98
Forward P\/E:<\/strong> 7.41x
Revenue Growth:<\/strong> 5.00%
Brands:<\/strong> Copa Airlines<\/p>\n\n\n\n

Based in Panama, Copa serves as a key hub for Latin American air travel. Its strategic location allows efficient connectivity between North, Central, and South America.<\/p>\n\n\n\n

11. easyJet (EZJ)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $4.74B
Price:<\/strong> \u00a34.68
Forward P\/E:<\/strong> 7.16x
Revenue Growth:<\/strong> 15.30%
Brands:<\/strong> easyJet<\/p>\n\n\n\n

easyJet is a UK-based low-cost airline with a strong footprint across Europe. It focuses on short-haul routes and is one of Europe\u2019s largest budget carriers.<\/p>\n\n\n\n

12. SkyWest (SKYW)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $4.05B
Price:<\/strong> $100.34
Forward P\/E:<\/strong> 9.96x
Revenue Growth:<\/strong> 13.90%
Brands:<\/strong> SkyWest Airlines<\/p>\n\n\n\n

SkyWest is the largest regional airline in North America. It operates flights for Delta, United, American, and Alaska under capacity purchase agreements.<\/p>\n\n\n\n

13. Air Canada (AC)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $3.89B
Price:<\/strong> C$18.33
Forward P\/E:<\/strong> 17.02x
Revenue Growth:<\/strong> 2.60%
Brands:<\/strong> Air Canada, Air Canada Rouge<\/p>\n\n\n\n

Air Canada is the country\u2019s flag carrier and largest airline. It offers a broad international network and is a founding member of Star Alliance.<\/p>\n\n\n\n

14. Jet2 (JET2)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $3.84B
Price:<\/strong> \u00a314.29
Forward P\/E:<\/strong> 6.92x
Revenue Growth:<\/strong> 15.60%
Brands:<\/strong> Jet2.com, Jet2holidays<\/p>\n\n\n\n

Jet2 is a UK leisure airline and tour operator. Alongside its airline operations, it runs Jet2holidays, making it a popular choice for package travel across Europe.<\/p>\n\n\n\n

15. Air France\u2013KLM (AF)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $3.55B
Price:<\/strong> \u20ac11.54
Forward P\/E:<\/strong> 2.67x
Revenue Growth:<\/strong> 19.40%
Brands:<\/strong> Air France, KLM, Transavia, HOP!<\/p>\n\n\n\n

Air France\u2013KLM is a Franco-Dutch airline group with extensive European and international operations. It is a founding member of the SkyTeam alliance.<\/p>\n\n\n\n

16. Exchange Income Corporation (EIF)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $2.79B
Price:<\/strong> C$75.22
Forward P\/E:<\/strong> 19.79x
Revenue Growth:<\/strong> 18.50%
Brands:<\/strong> Various regional and specialty Canadian airlines<\/p>\n\n\n\n

Exchange Income Corporation is a Canadian holding company with investments in regional aviation and aerospace. Its subsidiaries provide essential services to remote and northern communities.<\/p>\n\n\n\n

17. JetBlue Airways (JBLU)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $1.77B
Price:<\/strong> $4.88
Forward P\/E:<\/strong> N\/A
Revenue Growth:<\/strong> -2.30%
Brands:<\/strong> JetBlue Airways<\/p>\n\n\n\n

JetBlue is a U.S. low-cost airline with a strong East Coast presence. Known for customer-friendly features, it has expanded internationally with transatlantic flights.<\/p>\n\n\n\n

18. Wizz Air Holdings (WIZZ)<\/strong><\/h2>\n\n\n\n

Market Cap:<\/strong> $1.65B
Price:<\/strong> \u00a311.82
Forward P\/E:<\/strong> 5.93x
Revenue Growth:<\/strong> 25.80%
Brands:<\/strong> Wizz Air<\/p>\n\n\n\n

Wizz Air is a low-cost airline based in Central and Eastern Europe. It has expanded across Europe and into the Middle East, focusing on affordability and secondary airports.<\/p>\n\n\n\n

Key Takeaways<\/strong><\/h1>\n\n\n\n