Last week, Bangalore Aviation introduced the BAASA Index, the world's first index of 30 airline stocks measured from a 3,000 point base value and designed to provide a broad based measure of airline financial performance and investor confidence in the airline industry.
Over the past week, the BAASA index fell 0.49% to close at 2985.80 points. Performance was mixed across the board by region, though Asia-Pacific outperformed the pack (excluding Qantas).
The weakest performers were Qantas, who suffered a precipitous 30% decline in shares, primarily on recent worries over Qantas reporting a 90% drop in profits for the past fiscal year, and airberlin, which fell 15.56%
On the plus side, Jet Airways, jetBlue, and Air Canada each rose more than 7% over the week, with Air Canada leading the pack with an 8.14% rise.
Here is the full table of values for this week. The initial prices (normalized to 100) can be found here.All values are as
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Over the past week, the BAASA index fell 0.49% to close at 2985.80 points. Performance was mixed across the board by region, though Asia-Pacific outperformed the pack (excluding Qantas).
The weakest performers were Qantas, who suffered a precipitous 30% decline in shares, primarily on recent worries over Qantas reporting a 90% drop in profits for the past fiscal year, and airberlin, which fell 15.56%
On the plus side, Jet Airways, jetBlue, and Air Canada each rose more than 7% over the week, with Air Canada leading the pack with an 8.14% rise.
Here is the full table of values for this week. The initial prices (normalized to 100) can be found here.All values are as
| Asia-Pacific | Value | % Change |
| Jet Airways | 107.04 | 7.04% |
| Singapore Airlines | 100.50 | 0.50% |
| China Southern | 104.74 | 4.74% |
| ANA | 104.33 | 4.33% |
| Korean Air | 102.21 | 2.21% |
| AirAsia | 103.39 | 3.39% |
| Qantas | 70.00 | -30.00% |
| Cathay Pacific | 101.34 | 1.34% |
| Air China | 102.96 | 2.96% |
| North America | ||
| United | 97.24 | -2.76% |
| Delta | 90.41 | -9.59% |
| Southwest | 101.14 | 1.14% |
| US Airways | 91.71 | -8.29% |
| jetBlue | 107.16 | 7.16% |
| WestJet | 102.52 | 2.52% |
| Air Canada | 108.14 | 8.14% |
| Allegiant | 98.89 | -1.11% |
| Europe | ||
| IAG(British Airways/Iberia) | 105.91 | 5.91% |
| Lufthansa Group | 100.66 | 0.66% |
| Air France- KLM | 96.55 | -3.45% |
| Ryanair | 101.21 | 1.21% |
| EasyJet | 99.76 | -0.24% |
| Turkish Airlines | 105.08 | 5.08% |
| AirBerlin | 84.44 | -15.56% |
| Norwegian Air Shuttle | 101.90 | 1.90% |
| Middle East | ||
| Air Arabia | 98.63 | -1.37% |
| Africa | ||
| Kenya Airways | 98.33 | -1.67% |
| Latin America | ||
| Copa Airlines | 95.72 | -4.28% |
| LAN Airlines | 104.51 | 4.51% |
| Aeromexico | 99.31 | -0.69% |
| Total | 2985.30 | - 0.49% |
