|Bid||48.85 x 900|
|Ask||49.04 x 900|
|Day's Range||47.38 - 48.68|
|52 Week Range||17.51 - 50.20|
|Beta (5Y Monthly)||1.45|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr. 20, 2021 - Apr. 26, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb. 19, 2020|
|1y Target Est||48.00|
Data analytics firm SimilarWeb provides online search trends to clients who use it when considering travel stocks they may buy.
The COVID-19 pandemic has reshaped the global travel landscape and U.S. no-frills carriers are pouncing. As legacy airlines shrink to contain costs, budget carriers Spirit Airlines, Allegiant Travel and privately-owned Frontier Airlines are resuming pilot hiring and expanding networks to seize turf dominated by larger rivals. The three airlines' combined U.S. market share, which barely topped 10% before the pandemic, could grow by 10 percentage points this year alone, said René Armas Maes of UK-based consultancy MIDAS Aviation.
The head of a group representing major U.S. passenger airlines and a senior union official made the case to lawmakers on Tuesday for a third round of federal government assistance, according to testimony seen by Reuters. Since March 2020, Congress has awarded passenger and cargo airlines, airports and contractors nearly $90 billion in government assistance and low-cost loans, including two prior rounds of payroll assistance for U.S. passenger airlines totaling $40 billion. The $1.9 trillion COVID-19 relief package approved by the U.S. House last week includes another $14 billion for passenger airlines to keep workers on payrolls for an additional six months.