Global Airline Index Statistics
Top 5 Companies by Market Cap 
Top 5 Companies by 52-Week Stock Price Decline 
Shares of UAL (UAUA) were briefly halted for trading and grounded earlier today on a re-posted article from six years ago by the Florida Sun Sentinel newspaper on its website which stated the parent company of United Airlines had declared bankruptcy. Only the date was changed in the article from 2002 when United Airlines entered bankruptcy, which the Company emerged from in 2006 in its current form as a public company. Jittery investors still sold off the shares of airline companies and UAL despite the false bankruptcy rumor, with the latter trading down by over 10% today on more than two times its average trading volume.
The accompanying tables present an overview for a Global Airline Index of 51 companies with market caps over $200 million, which is down by over 30% over the past year on both an equal-weight and market cap-weight basis. Shares of UAL are among the biggest stock price decliners over the past year, losing nearly three-fourths of their market value, which is second only to US Airways (LCC). Airline industry leader Southwest (LUV) has fared much better than its peers over the past year with gain of about 6% through today.
$7.69 (09/08/08)
