Fortunately, there are several U.S.-based airlines from which to choose. Here are some worth investigating:
AMR Corporation (AMR), which owns American Airlines, has flights all over North America, the Caribbean, Latin America, Europe, and Asia. The stock has a price to earnings ratio of 18, a price earnings to growth ratio of 0.41, and a price to sales ratio of 0.29.
Continental Airlines, Inc. (CAL) , serves the United State, Europe, Canada, Mexico, Central America, South America, the Caribbean, Beijing, Delhi, Hong Kong, Tel Aviv, and Tokyo. It has a P/E of 8.9, a PEG of 0.58, and has a P/S of 0.25.
Delta Air Lines Inc. [new shares] (NYSE:DAL), which just came out of bankruptcy, has flights to 99 countries around the world. It has a forward P/E of 12.6, a PEG of 1.55, and has a P/S of 0.22.
Northwest Airlines Corp. (NWA) , has hubs in Detroit, Minneapolis/St. Paul, Memphis, Tokyo, and Amsterdam. It serves 160 countries. It has a forward P/E of 10.2, a PEG of 1.36, and a P/S of 0.16.
UAL Corporation (UAUA), owns United Air Lines, which has hubs in Los Angeles, San Francisco, Denver, Chicago, and Washington, D.C. It flies to 157 different countries. Its P/E is 53, with a PEG of 0.98, and a P/S of 0.23.
U.S. Airways Group, Inc. (LCC) , has flights in the United States, Canada, the Caribbean, Latin America, and Europe. Its P/E is 9, the PEG is 1.25, and it has a P/S of 0.23. Trivia Question: What does the LCC stock ticker symbol stand for?
AirTran Holdings Inc. (AAI) , serves the eastern United States, from its hub in Atlanta, Georgia. It has a P/E of 40, a PEG of 1, and a P/S of 0.53.
Alaska Air Group Inc. (NYSE:ALK), owns both Alaska Air, and Horizon Air. It serves Alaska, the western U.S., Canada, and Mexico. It has a P/E of 70, a PEG of 0.77, and a P/S of 0.34.
Allegiant Travel Company (NASDAQ:ALGT) , provides scheduled flights from moderate- sized locations to Las Vegas, Nevada and Orlando, Florida. It has a P/E of 50, a PEG of 1.34, and a P/S of 2.4.
ExpressJet Holdings Inc. (XJT), owns Continental Express, and serves North America, Mexico, and the Caribbean. It has a P/E of 14.4, a PEG of 0.68, and a P/S of 0.19.
Frontier Airlines Holdings, Inc. (FRNT), is based in Denver, Colorado, and flies to destinations across the U.S., Canada and Mexico. It has a forward P/E of 29, a PEG of 9.8 and a P/S of .18.
Great Lakes Aviation Ltd. (OTCQB:GLUX), serves nine states. It has a P/E of 2.02, and a P/S of 0.37. This is an extremely low capitalization stock, and should be considered extremely speculative.
Hawaiian Holdings Inc. (NASDAQ:HA), owns Hawaiian Airlines, with flights between Hawaii and California, Nevada, Oregon, Washington, Alaska, Australia, American Samoa, and Tahiti. Its earnings have been negative, and its P/S is 0.20. This is another very low cap stock that should also be considered extremely speculative.
JetBlue Airways Corp. (NASDAQ:JBLU), has flights to 21 states, Puerto Rico, Mexico, and the Caribbean. It has a high P/E of 221, a PEG of 3.67, and a P/S of 0.80.
MAIR Holdings Inc. (MAIR), which owns Big Sky Transportation, has flights to Montana, Colorado, Idaho, Illinois, Oregon, Wyoming, and Wisconsin. Its earnings have been negative, and its P/S is 5.74. This is another low cap speculative stock.
Mesa Air Group Inc. (MESA), flies throughout the United States, Canada, Mexico, and the Bahamas. Its P/E is 169, with a PEG of 1.2, and a P/S of 0.16.
Midwest Air Group Inc. (MEH), has flights throughout the Midwest, and to Toronto, Canada. Its P/E is 16.5 and its P/s is 0.54.
Pinnacle Airlines Corp. (PNCL), provides airline capacity to Northwest Airlines, Continental, United, and U.S. Airways. It has a P/E of 5.7, and a P/S of 0.52.
Republic Airways Holdings Inc. (NASDAQ:RJET) flies to destinations in the U.S., Canada, Mexico, and the U.S. Virgin Islands. It has a P/E of 11.3, a PEG of 0.78, and a P/S of 0.75.
SkyWest Inc. (NASDAQ:SKYW), is a Utah-based company which has flights to destinations in the United States, Canada, Mexico, and the Caribbean. It has a P/E of 11.9, a PEG of 0.86, and a P/S of 0.56. It even pays a small dividend of 0.4%.
Southwest Airlines Co. (NYSE:LUV), is the only other dividend-paying U.S. airline. It has a yield of 1%. The stock has been paying dividends since 1980. It has a P/E of 22.8, a PEG of 1.57, and a P/S of 1.25.