Total | |||||||||||
Delta | United | American | Southwest | Alaska | JetBlue | SkyWest | Allegiant | Hawaiian | Spirit | all 10 | |
Air Lines | Air Lines | Air Lines | Air Lines | Air Lines | Air Lines | Travel | Holdings | Air Lines | Air Lines | ||
Stock | Stock | Stock | Stock | Stock | Stock | Stock | Stock | Stock | Stock | Stock | |
Year | Buybacks | Buybacks | Buybacks | Buybacks | Buybacks | Buybacks | Buybacks | Buybacks | Buybacks | Buybacks | Buybacks |
$ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | |
2019 | 2,027 | 1,645 | 1,097 | 1,645 | 75 | 542 | 95 | 19 | 69 | 5 | 7,219 |
2018 | 1,575 | 1,235 | 837 | 1,235 | 50 | 382 | 54 | 4 | 103 | 1 | 5,476 |
2017 | 1,677 | 1,844 | 1,615 | 1,844 | 75 | 390 | 20 | 90 | 100 | 47 | 7,702 |
2016 | 2,601 | 2,614 | 4,500 | 2,614 | 193 | 134 | - | 66 | 14 | 103 | 12,839 |
2015 | 2,200 | 1,233 | 3,846 | 1,233 | 505 | 241 | 19 | 129 | 40 | 112 | 9,558 |
2014 | 1,100 | 312 | 1,062 | 312 | 348 | 82 | 8 | 139 | - | 2 | 3,365 |
Total Six Years | 11,180 | 8,883 | 12,957 | 8,883 | 1,246 | 1,771 | 196 | 447 | 326 | 270 | 46,159 |
Wednesday, April 15, 2020
US Airline Industry Stock Buybacks Were $46 Bil in the Past Six Years, $21 Bil Higher Than the $25 Bil Virus Stimulus Cash Bailout It Will Receive. US Treasury Secretary Steve Mnuchin Needs To Be Replaced For His Gross Incompetence Here in His Frivolously Spending of US Taxpayer Money. What About the Very Bright and Creative Mark Cuban as His Replacement? Also, the US Congress, Led By Mitch McConnell, Shows Its Lack of Economic Understanding By Voting Unanimously To Let This Strategy Happen: i.e. ..... Rewarding US Corps Making Frivolous Financial-Solvency-Deteriorating Stock Buybacks With Frivolous Cash Bailouts
From SEC Company filings, the below table shows the annual US Stock Buybacks of the ten largest US Airline Industry Companies for each of the past six years.