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U.K. (FTSE) Airlines Industry Analysis

UpdatedJul 20, 2026
DataAggregated Company Financials
Companies4
  • 7D-2.6%
  • 3M22.4%
  • 1Y15.1%
  • YTD8.2%

Over the last 7 days, the Airlines industry has dropped 4.4%, driven by pullbacks from every company within the industry. In the past year, the industry has gained 15%. As for the next few years, earnings are expected to grow by 9.9% per annum.

Industry Valuation and Performance

Has the U.K. Airlines Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 20 Jul 2026UK£28.6bUK£51.2bUK£3.8b9.5x7.6x0.6x
Wed, 17 Jun 2026UK£27.8bUK£51.7bUK£3.9b7.9x7.2x0.5x
Fri, 15 May 2026UK£22.8bUK£51.5bUK£4.3b4.9x5.4x0.4x
Sun, 12 Apr 2026UK£23.8bUK£51.4bUK£4.1b5.5x5.7x0.5x
Tue, 10 Mar 2026UK£22.5bUK£51.2bUK£4.1b5.3x5.5x0.4x
Thu, 05 Feb 2026UK£27.4bUK£51.2bUK£3.9b6.4x7x0.5x
Sat, 03 Jan 2026UK£27.2bUK£51.3bUK£3.8b6.9x7.1x0.5x
Mon, 01 Dec 2025UK£25.9bUK£51.6bUK£3.9b6.4x6.7x0.5x
Wed, 29 Oct 2025UK£25.2bUK£46.0bUK£3.6b6.9x7x0.5x
Fri, 26 Sep 2025UK£23.8bUK£45.8bUK£3.6b6.4x6.6x0.5x
Sun, 24 Aug 2025UK£25.5bUK£45.6bUK£3.6b7.6x7.1x0.6x
Tue, 22 Jul 2025UK£26.0bUK£49.7bUK£3.6b7.4x7.3x0.5x
Thu, 19 Jun 2025UK£23.9bUK£49.0bUK£3.6b6.8x6.6x0.5x
Sat, 17 May 2025UK£23.1bUK£43.7bUK£3.4b7.5x6.8x0.5x
Mon, 14 Apr 2025UK£17.6bUK£44.1bUK£3.3b5.4x5.3x0.4x
Wed, 12 Mar 2025UK£20.6bUK£43.3bUK£3.3b6.1x6.3x0.5x
Fri, 07 Feb 2025UK£24.8bUK£42.3bUK£3.3b7.4x7.5x0.6x
Sun, 05 Jan 2025UK£23.3bUK£46.4bUK£3.6b6.4x6.6x0.5x
Tue, 03 Dec 2024UK£21.5bUK£46.4bUK£3.6b6.1x6.1x0.5x
Thu, 31 Oct 2024UK£17.3bUK£40.6bUK£3.0b7.8x5.8x0.4x
Sat, 28 Sep 2024UK£17.5bUK£40.5bUK£3.0b7.7x5.9x0.4x
Mon, 26 Aug 2024UK£15.2bUK£40.9bUK£3.0b7.6x5.1x0.4x
Wed, 24 Jul 2024UK£16.2bUK£44.5bUK£3.4b6.8x4.8x0.4x
Fri, 21 Jun 2024UK£17.0bUK£44.3bUK£3.4b7x5x0.4x
Sun, 19 May 2024UK£15.4bUK£40.5bUK£3.1b6.7x4.9x0.4x
Tue, 16 Apr 2024UK£15.0bUK£39.4bUK£3.0b7.1x5x0.4x
Thu, 14 Mar 2024UK£14.6bUK£39.5bUK£3.0b6.9x4.8x0.4x
Sat, 10 Feb 2024UK£14.1bUK£38.7bUK£2.8b6.5x5x0.4x
Mon, 08 Jan 2024UK£16.2bUK£43.0bUK£3.0b8.1x5.4x0.4x
Wed, 06 Dec 2023UK£15.8bUK£42.9bUK£3.0b7.5x5.3x0.4x
Fri, 03 Nov 2023UK£12.5bUK£37.2bUK£2.3b5.5x5.4x0.3x
Sun, 01 Oct 2023UK£12.9bUK£36.0bUK£2.0b6.1x6.6x0.4x
Tue, 29 Aug 2023UK£13.2bUK£35.8bUK£1.9b6.1x6.8x0.4x
Thu, 27 Jul 2023UK£13.4bUK£34.2bUK£1.2b8.1x11.3x0.4x
Price to Earnings Ratio

11.3x


Total Market Cap: UK£13.4bTotal Earnings: UK£1.2bTotal Revenue: UK£34.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Airlines Industry Price to Earnings3Y Average 6.2x202420252026
Current Industry PE
  • Investors are optimistic on the British Airlines industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 7.6x which is higher than its 3-year average PE of 6.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.45x.
Past Earnings Growth
  • The earnings for companies in the Airlines industry have grown 47% per year over the last three years.
  • Revenues for these companies have grown 14% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.K. Industrials industry?

GB Market0.97%
Industrials0.39%
Airlines-2.65%
Airlines-2.65%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available

Latest News

WIZZ
UK£11.05
Wizz Air Holdings
7D
-1.7%
1Y
2.9%
Narrative Update • Jul 15

WIZZ: Mixed Ratings And Breakeven Outlook Will Shape Earnings Reset

For Wizz Air Holdings, the updated analyst price target has moved in line with a higher fair value estimate of £11.38 from £10.48, as analysts weigh stronger revenue growth assumptions against softer profit margin expectations and a higher future P/E multiple. Analyst Commentary Recent Street research on Wizz Air Holdings shows a mix of optimism and caution, with several price target revisions clustering around £9.00 to £12.00 per share equivalent and a range of ratings from Underperform to Hold and Neutral.
EZJ
UK£6.72
easyJet
7D
-0.5%
1Y
32.6%
Narrative Update • Jul 13

Bidding war finally realises easyJet's crass valuation reserve

Ever since analysis of easyJet was taken up here two years ago, the carrier's crass undervaluation by the market has been outlined time and again. Evidently, private equity behemoths Apollo and Castlelake thought so, too, with the two about to enter a bidding war that might finally see frustrated shareholders realise the real value of their holdings.
JET2
UK£14.76
Jet2
7D
-0.9%
1Y
-11.3%
IAG
UK£4.44
International Consolidated Airlines Group
7D
-3.5%
1Y
17.0%
Narrative Update • Jul 07

IAG: Dividend Restart And Updated Earnings Assumptions Will Shape Future Returns

The analyst price target for International Consolidated Airlines Group has been raised by approximately £0.23. Analysts point to updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E, alongside recent target increases from several brokers, as the main drivers of the change.