Monday morning trivia
6:00 AM Mon, Jun 30, 2008
Terry Maxon -- Dallas Morning News
We have a story this morning about falling stock prices and market capitalizations of the U.S. airlines. So let's focus this week's question on the market values of airlines.
In fact, we'll make it a three-part question.
1. Of the 10 largest airlines, which airline has the smallest market capitalization?
2. Of the 10 largest airlines, which airline lost the most value in absolute dollars in the past 12 months?
3. Of the 10 largest airlines, which airline lost the most value on a percentage basis in the past 12 months?
For those unfamiliar with the term, a company's market capitalization is its share price multiplied by the number of shares outstanding.
(Dollar figures in millions)
1. AirTran Holdings, worth $195 million as of close of trading Friday.
Airline Market value
US Airways $226
2. AMR, parent of American Airlines, saw its market value decline by more than $5 billion over the past 12 months.
US Airways -$2,490
3. The market value of US Airways declined nearly 92 percent over the past 12 months, the most of the 10.
US Airways -91.7%
Market value was as of close of trading on Friday, June 27, 2008. Shares outstanding were as of the carriers' last 10-Q. Amounts do not include 11 million shares of Continental Airlines' shares being issued last week.