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JetBlue (JBLU) Launches Boston-Asheville Seasonal Service

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JetBlue Airways JBLU recently launched summer seasonal service from Boston’s Logan International Airport to Asheville Regional Airport in North Carolina. As coronavirus fears fade and travel-related restrictions ease, this service is expected to generate substantial traffic.

A part of JetBlue’s Northeast Alliance ("NEA"), the Asheville service expands the airline’s presence in the Southeast while simultaneously advancing its Boston focus city strategy.

Initially, the seasonal service will operate from Thursday through Monday. Later this summer, the service will be operational daily. JBLU is operating the route on an Embraer E190 aircraft featuring the most legroom in coach, free broadband internet, and complimentary snacks and soft drinks.

JetBlue Airways Corporation Price

JetBlue Airways Corporation Price
JetBlue Airways Corporation Price

JetBlue Airways Corporation price | JetBlue Airways Corporation Quote


JetBlue’s expansion initiatives under the NEA are encouraging. Under the alliance, the carrier recently launched operations in Canada with daily nonstop flights from New York’s John F. Kennedy International Airport (JFK) to Vancouver International Airport. Later, the company is expected to launch service to Vancouver from Boston, MA as part of this partnership.

Zacks Rank & Key Picks

JetBlue carries a Zacks Rank #3 (Hold).

Some better-ranked stocks within the broader Transportation sector are as follows:

Star Bulk Carriers SBLK carries a Zacks Rank #2 (Buy). The company's earnings have surpassed the Zacks Consensus Estimate in three of the preceding four quarters and missed once, the average surprise being 7.1%. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

Shares of Star Bulk have gained more than 19% in a year.

Golar LNG Limited GLNG carries a Zacks Rank #2. The company has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in three of the preceding four quarters and missed once, the average surprise being 42.1%.

Shares of Golar LNG have rallied more than 64% in a year.


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