13 Commerical Airline Stocks to Consider for Your Stock Portfolio
NEW YORK (TheStreet) -- With so many different investments options, investors often have a difficult time deciding which direction is the best one for them to take.
Here at TheStreet, we attempt to declutter the excess of information available and present it to our readers in a way so they can make wise investment decisions.
Whether you're an individual investor or work with a financial advisor, our objective is to help simplify the process and present information that's user friendly.
The airline industry is one of the largest consumer industries in the world. It amassed $710 billion in revenue last year, according to the International Air Transport Association.
The overall industry is comprised of different segments, including commercial airlines, airport operating and the aircraft leasing sectors.
Despite the recent success, the commercial airline industry has proved to be sensitive to global economic volatility. For example, the industry was hard hit in 2008 and 2009 during the economic recession, when net profits declined by $30 billion.
Commercial airlines provide air transportation services for passengers around the globe.
In U.S., passenger airlines are divided into four carrier groups based on annual revenue: major, national, large regional and medium regional. There are a total of 19 major carriers in the U.S., which are defined as airlines whose fiscal year revenue is greater than $1 billion.
Here are thirteen commercial airline stocks, ranked by our own proprietary quantitative ranking system at TheStreetRatings.com, which are worth looking over. Note that these ratings can change at any time. If you would like access to real-time ratings of these stocks, you can access them by subscribing to TheStreet Quant Ratings.