|Bid||0.00 x 100000|
|Ask||0.00 x 300000|
|Day's Range||15.74 - 16.13|
|52 Week Range||13.46 - 17.75|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
JetBlue Airways’ Traffic Grew for the 15th Straight Month(Continued from Prior Part)Mixed viewAnalysts have mixed opinions on JetBlue Airways (JBLU) in the near term. It has received a consensus “hold” recommendation from analysts polled by
Delta Air Lines will operate 25% more flights in Boston by next March compared to March 2019 -- but investors have known about most of its planned growth for months.
JetBlue Airways’ Traffic Grew for the 15th Straight MonthTraffic increasedOn May 10, JetBlue Airways (JBLU) reported its operating performance for April. The company’s traffic (or revenue passenger miles) rose 6.6% YoY, marking the 15th straight
JetBlue Airways Corporation reported its preliminary traffic results for April 2019. Traffic in April increased 6.6 percent from April 2018, on a capacity increase of 7.4 percent.
An Air Italy executive has joined a chorus of global airlines hurt by grounded Boeing 737 MAX jets but expects the airline to be profitable "very soon" and carrying five times as many passengers by 2022. "We have MAX pilots on the ground, sitting there doing nothing," Chief Operating Officer Rossen Dimitrov told Reuters. Sardinia-based Air Italy, which launched last year, was using three MAX aircraft to service routes to Sharm El Sheikh, Cairo and Dakar before regulators around the world grounded the fast-selling Boeing Co jets following two fatal crashes.
Shares of the airline climbed after the company announced a new route to London and reported a better-than-expected profit in its first quarter.
JetBlue Airways Corp. (JBLU) today announced the promotion of Michael Stromer to Chief Product Officer, Technology, effective immediately. In this role, Mr. Stromer will be responsible for strategy and product oversight across all of the airline’s digital and IT products that are key to driving efficiency and cost savings in the airline’s operations.
Southwest was ranked third this year out of 10 airlines, behind Alaska Air Group Inc and JetBlue Airways Corp that climbed one place each to claim the first and the second spot. "Recent deadly crashes of the Boeing 737 Max (for Ethiopian Airlines and Air Lion) have left Southwest particularly vulnerable to safety concerns," ACSI said in a report.
JetBlue Technology Ventures (JTV), the venture capital subsidiary of JetBlue Airways, today announced that Vantage Airport Group (Vantage), a global airport investment, development and management company, will join its international ecosystem of travel providers fueling industry innovation. The International Partnership Program was established by JTV in July 2018 to build a network of like-minded global partners embracing startups and applying emerging technologies within their companies.
As major U.S. airlines continue to win enormous contracts from big banks that covet their customers, do smaller carriers like JetBlue Airways have a disadvantage? And will newly announced routes to London matter for the New York-based airline in terms of revenues from credit card deals? This is a big issue. Historically airlines have made […] The post JetBlue Is Betting New London Routes Will Boost Credit Card Revenue appeared first on Skift.
Airline carrier JetBlue Airways on Tuesday reported first-quarter earnings and revenue that glided past analysts' expectations amid an increase in passenger traffic and contained per-passenger costs.
JetBlue Airways Corp. on Tuesday reported first quarter net income of $42 million. On a per-share basis, the New York company said it had net income of 14 cents. Earnings, adjusted for non-recurring costs, ...
Shares of JetBlue Airways Corp. rallied 2.5% in premarket trade Tuesday, after the air carrier reported first-quarter earnings that beat expectations and revenue that matched, while load factor fell shy. Net income fell to $42 million, or 14 cents a share, from $90 million, or 28 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted EPS was 16 cents, above the FactSet consensus of 12 cents. Revenue grew 6.7% to $1.87 billion, in line with the FactSet consensus. Revenue per available seat mile (RASM) fell 3.1%. The FactSet revenue consensus was $1.87 billion. Load factor fell to 82.5% from 84.6%, below the FactSet consensus of 82.9%. For the second quarter, JetBlue expects RASM growth of 1.0% to 4.0% and capacity to increase 4.5% to 6.5%. The stock has gained 4.8% year to date through Monday, while the NYSE Arca Airline Index [s; xx:xal] ahs climbed 12.6% and the S&P 500 has advanced 16.0%.
Alaska Air Group Inc. had the worst one-time performance in February among reporting marketing carriers, while Hawaiian Holdings Inc. had the best, according to the Department of Transportation's "Air Travel Consumer Report" (ATCR). The average on-time arrival rate for the month was 73.8%, while Alaska Air came in at 66.9%, and JetBlue Airways Group Corp. was second worst at 70.0%. Hawaiian came in at 81.7% and Delta Air Lines Inc. came in second at 77.9%. Alaska also had the highest flight cancellation rate at 5.8%, well above the average rate of 3.1%, and at least the 3 longest tarmac delays for domestic flights, the ATCR said. Southwest Airlines Co. had teh second-highest cancellation rate at 4.6%, while Hawaiian had the lowest cancellation rate at 0.6% and Frontier Airlines was second lowest at 1.2%. Alaska Air's stock has edged up 1.4% year to date through Thursday, while Hawaiian shares have rallied 15.3%, the NYSE Arca Airline Index has gained 14.3% and the S&P 500 has climbed 15.9%.
After simmering on a back burner for more than a year, the fight between the U.S. major carriers and the Persian Gulf airlines is heating up again, this time over Air Italy’s new routes to San Francisco and Los Angeles from Milan. But why should Delta Air Lines, American Airlines, and United Airlines care about […] The post U.S. Major Airlines Restart Fight Over Open Skies appeared first on Skift.
Washington is scrutinizing state-owned Qatar Airways' acquisition of 49 percent of Air Italy, which has been flying to U.S. destinations since June, a deal that U.S. lawmakers say may have violated a commitment by the Gulf airline not to add new flights to the domestic market.
JetBlue Airways' Q1 Earnings: What to Expect(Continued from Prior Part)Analysts’ recommendationsAnalysts don’t seem too optimistic about JetBlue Airways (JBLU) in the near term as it has received a consensus “hold” recommendation from
JetBlue Airways' Q1 Earnings: What to ExpectEarnings expectations JetBlue Airways (JBLU) is slated to report its first quarter of fiscal 2019 results on April 23. Analysts expect JetBlue’s first-quarter bottom-line results to take a hit from lower