Boeing Believes Airliners Will Look to Bonds For Financing

Boeing’s (NYSE:BA) financial arm predicts airliners will rely more on the bond market to finance purchases with European banks, which will drastically reduce their lending to the sector. Boeing estimates that 10% of plane deliveries in 2012 will be financed through bond and equity issuance, doubling the amount from 2011. Leasing companies look to come out on top in this transition as companies buying planes, both big and small, face more financial red tape.

Here’s how top airline stocks are trading on the prediction:

JetBlue Airways Corporation (NASDAQ:JBLU): JBLU shares recently traded at $4.72, up $0.02, or 0.43%. They have traded in a 52-week range of $3.40 to $7.23. Volume today was 9,549,145 shares versus a 3-month average volume of 4,936,570 shares. The company’s trailing P/E is 19.73, while trailing earnings are $0.24 per share.

Southwest Airlines Co. (NYSE:LUV): LUV shares recently traded at $8.48, up $0.01, or 0.12%. They have traded in a 52-week range of $7.15 to $13.59. Volume today was 6,108,049 shares versus a 3-month average volume of 10,009,700 shares. The company’s trailing P/E is 43.27, while trailing earnings are $0.20 per share.

Delta Air Lines Inc. (NYSE:DAL): DAL shares recently traded at $8.43, down $0.18, or 2.09%. They have traded in a 52-week range of $6.41 to $13.63. Volume today was 7,395,667 shares versus a 3-month average volume of 12,445,300 shares. The company’s trailing P/E is 15.91, while trailing earnings are $0.53 per share.

United Continental Holdings (NYSE:UAL): UAL shares recently traded at $19.90, up $0.06, or 0.3%. They have traded in a 52-week range of $15.51 to $27.72. Volume today was 4,504,598 shares versus a 3-month average volume of 6,103,620 shares. The company’s trailing P/E is 11.43, while trailing earnings are $1.74 per share.

US Airways Group, Inc. (NYSE:LCC): LCC shares recently traded at $5.12,. They have traded in a 52-week range of $3.96 to $11.56. Volume today was 4,141,692 shares versus a 3-month average volume of 7,059,310 shares. The company’s trailing P/E is 10.20, while trailing earnings are $0.50 per share.

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