The Federal Aviation Administration (FAA) has predicted that the demand for air travel will increase nearly two-fold in twenty years. It’s expected that $757.2 million will be spent for air travel this year, and $1.15 billion by 2033. With these projections, the U.S. airline industry is anticipated to stay relatively profitable despite volatile fuel prices and a slow economic recovery. Strong December traffic results show that business and consumer confidence is on the rise.
Many carriers are replacing older aircraft with new and more efficient ones. Among the improvement of other operating margins, fuel costs are lowered.
So, why not invest in some airline industry stocks?
Here are the 10 Best Airline Stocks for 2014, produced by The Street Ratings:
- Alaska Air Group Inc.
- Copa Holdsings SA
- Allegiant Travel Co.
- Ryanair Holdings Plc.
- US Airways Group Inc.
- Southwest Airlines (gained 11% since the start of the year)
- Delta Air Lines Inc. (gained 15% since the start of the year)
- Skywest Inc.
- Spirit Airlines Inc.
- Hawaiian Holdings Inc.
What do you think? Is it wise to invest in airline stocks now, or is it still too risky?
Interested in the airlines industry? Be sure to join us in Miami this May for AirXperience Americas!