17.15 +0.32 (1.90%)
Pre-Market: 8:24AM EDT
|Bid||0.00 x 27000|
|Ask||17.25 x 1200|
|Day's Range||16.75 - 17.03|
|52 Week Range||15.19 - 20.14|
|Beta (3Y Monthly)||1.33|
|PE Ratio (TTM)||28.05|
|Earnings Date||Apr 23, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||19.03|
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, ...
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.
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%.
A recent bill failed to get out of the Senate, but efforts to help the emerging electric airplane sector continue.
The aviation industry generates about 4.9 percent of global carbon emissions, and these two companies aim to change that.
As one airline with transatlantic ambitions came into land for the last time, another was making plans to take off — hoping to disrupt one of the world’s busiest and most important routes. US carrier JetBlue will take on incumbents such as British Airways, Virgin Atlantic and United Airlines with its plans to fly between London and New York from 2021. Only weeks before JetBlue laid out its ambitions, Iceland’s low-cost airline Wow Air announced it would make no more flights across the Atlantic as it declared bankruptcy.
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%.
Read about the most important subsidiaries of American Express Company, including two banks, an insurance company and a fraud protection company.
San Carlos, Calif.-based JetBlue Ventures is looking to expand its portfolio by investing in travel tech startups in Boston.
From hotels to fast food chains, employers in service industries are setting up training programs or revamping the ones they have. “If you’re in a relatively low-wage labor market in the service sector -- say Starbucks, Walmart, McDonald’s -- notice that they all have training programs now,’’ says Anthony Carnevale, director of the Georgetown University Center on Education and the Workforce.
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.
United Continental (UAL) witnesses an uptick in passenger revenues in first-quarter 2019, courtesy of solid demand for air travel. Reduction in unit costs is an added positive.
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
As was the case with Delta's (DAL) Q1 results, we expect other carriers to benefit from high passenger revenues.
JetBlue (JBLU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
JetBlue (JBLU) today announced that delivery of the airline’s first Airbus A321neo (new engine option) aircraft is set for this spring with entry into service this summer. The A321neo will make it possible for JetBlue to operate a new, nonstop route between New York’s John F. Kennedy International Airport (JFK) and Guayaquil, Ecuador’s José Joaquín de Olmedo International Airport (GYE).
Despite headwinds like high costs and a sluggish freight environment, factors like high travel demand might aid results of transports in Q1.
A new report reveals that American companies like Gannett, IBM, and Duke Energy didn’t just pay no taxes last year — they paid negative taxes.
Southwest Airlines may be intent on conquering all competition flying to Hawaii, but competitors are intent on making that goal more difficult to achieve.
JetBlue (JBLU) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.