Analysis: Equity market capitalisation and return on invested capital

摘要

The Top 50 airline stocks had a total value of $335 billion as of 16 August 2019, down from $438 billion last year. Delta continues to be the top ranked airline with a market capitalisation of $34 billion, followed by two of its US rivals. China contributes three of the top 15 while the "mega" European carriers of IAG, Lufthansa, and Air France-KLM make it into positions 5,12 and 23, respectively. Azul is now the highest ranked Latin American carrier in 11th position, followed by LATAM in 18th and Copa in 29th.