|Bid||16.68 x 4000|
|Ask||16.69 x 4000|
|Day's Range||16.41 - 16.87|
|52 Week Range||15.76 - 23.08|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||7.62|
|Earnings Date||Jan 23, 2019 - Jan 28, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||20.80|
The sector tracker declines in the past week, mainly due to Delta's (DAL) discouraging investor day presentation.
Shares of JetBlue Airways and Southwest Airlines have plunged in recent weeks, but there's no reason for investors to be concerned.
JetBlue (JBLU) today announced the start of new service in Steamboat Springs, Colo., with the arrival of inaugural flights from Fort Lauderdale-Hollywood International Airport (FLL), Boston Logan International Airport (BOS) and Long Beach Airport (LGB). The new routes connect the world-renowned ski destination with three key regions of JetBlue’s route map and operate on a winter seasonal schedule.
Several airlines are adding nonstop, international flights from San Francisco International Airport.
Delta Air Lines stock (DAL) plunged 4.9% on December 13 after the company’s 2019 earnings and revenues outlook fell short of analysts’ expectations. The company provided updates on its 2019 outlook during a meeting with investors. For 2019, the US air carrier expects EPS between $6 and $7 (midpoint $6.50). Although at the midpoint, the earnings forecast signifies strong ~20% growth from the 2018 expected EPS of $5.59, it fell short of the Wall Street analysts’ consensus estimate of $6.69.
JetBlue (JBLU) today announced the start of new service in Bozeman, Mont., with the arrival of the airline’s inaugural flight landing on schedule just before 2:30 p.m. local time. Roundtrip flights between Bozeman Yellowstone International Airport (BZN) and Long Beach Airport (LGB) will operate twice weekly on Thursdays and Sundays on a summer and winter seasonal schedule. “JetBlue has a long and successful tradition of connecting our customers to the very best vacation destinations, and Bozeman – with its fantastic downtown and nearby outdoor attractions – adds a unique, new city to our route map,” said Andrea Lusso, director route planning.
Investing.com - Despite a prediction of falling fuel costs, airline companies were under pressure on Thursday as investors doubted the carriers can overcome tight margins.Delta Air Lines (NYSE:DAL) slumped 4% despite forecasting a $300 million drop in fuel expenses next year. Increased fuel prices have weighed on airlines, but oil prices are now down 30% since hitting a four-year high in October.But Delta, which is hosting its investor day, also predicted cost per seat mile to grow 1%. ...
JetBlue's (JBLU) load factor falls in November due to capacity growth exceeding rise in traffic. Simultaneously, the carrier alters unit revenue view for the fourth quarter.
In 2015 Robin Hayes was appointed CEO of JetBlue Airways Corporation (NASDAQ:JBLU). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Next, we'll Read More...
JetBlue Airways Corporation reported its preliminary traffic results for November 2018. Traffic in November increased 9.7 percent from November 2017, on a capacity increase of 10.6 percent.
A focus on network reallocation could improve JetBlue Airways Corp.'s (JBLU) financial performance. The company is seeking to reduce exposure to less profitable routes in order to create expansion opportunities for routes experiencing greater demand. It is also looking to diversify its customer base and improve its competitive advantage by offering lower-priced fares.
Disciplined capacity additions along with promotional offers and marketing strategies to drive traffic helped United Continental (UAL) improve its utilization rate or load factor. In November, the company’s load factor expanded by 120 basis points YoY (year-over-year) to 83%.
Delta (DAL) aims to attract additional traffic by adding new flights from Boston. However, it will face intense competition on the new routes.
Delta Air Lines and JetBlue Airways will both get access to additional gates in Boston next year, which will intensify the rivalry between the two carriers in this key metro area.
World-class money managers like Ken Griffin and Barry Rosenstein only invest their wealthy clients’ money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. […]
American Airlines (AAL) shares fell more than 9% on December 7 after Wolfe Research analyst Hunter Keay’s comments in a note to clients. Keay questioned the bullish arguments about the industry. Keay downgraded his rating on American Airlines stock. Keay has a “peer perform” rating on American Airlines—compared to the previous “outperform” recommendation.
A large wintry storm that struck the Carolinas, Virginia and other parts of the Southeast prompts airlines to cancel more than 1,400 flights. Carriers waive change fees for passengers traveling to and from affected airports.
Airline stocks were knocked lower Friday, with the sector on track to suffer the biggest one-day loss in nearly 3 years, as the recent drop in oil prices and concerns over a slowing economy acted as a one-two punch for the group. The NYSE Arca Airline Index slid 5.1% toward a fourth-straight decline. Friday's loss was headed for the biggest one-day loss since Feb. 26, 2016. Crude futures surged 2.4% Friday, as OPEC and its allies reached a deal to cut production, but has declined 22% over the past three months. Lower oil prices lowers fuel costs for air carriers, but it also leads to undisciplined capacity growth that could hurt unit revenue performance. Analyst Hunter Keay at Wolfe Research downgraded the airline sector, saying that while a recession and lower oil are both "toxic" for air carriers, "we trust airlines to react better to a recession that we trust them NOT to behave poorly with lower oil prices." Among the sector's more active components, shares of American Airlines Group Inc. plunged 9.1%, Delta Air Lines Inc. dropped 4.3%, JetBlue Airways Corp. tumbled 5.8% Southwest Airlines Co. lost 4.1% and United Continental Holdings Inc. shed 5.4%. The airline index has lost 6.0% over the past three months, while the Dow Jones Industrial Average has declined 5.8%.
JetBlue (JBLU) today announced it has been recognized by The Points Guy with awards for Best Domestic Economy Class (Airbus A321 Core) and Best Domestic Business Class (Mint). JetBlue was the only airline – domestically and globally – to win awards for both economy and business. “No matter where you sit on a JetBlue flight, your experience will be the best in the industry and we thank The Points Guy for sharing that message with even more travelers who we hope to welcome aboard soon,” said Ian Deason, senior vice president customer experience, JetBlue.
NEW YORK, Dec. 07, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
JetBlue , New York’s Hometown Airline™, today announces the appointment of Edward Baklor as the carrier’s new Vice President, Inflight Experience. He will join JetBlue effective January 2019 and lead the carrier’s 5,000 award-winning inflight crewmembers.
Unit revenue growth won't be quite as strong as investors had hoped this quarter -- but it's not a big deal considering how far jet fuel prices have plunged in the past two months.
After failing the first time, American Airlines is again trying to make changes to its Havana, Cuba offerings through the U.S. Department of Transportation.
Wall Street doesn’t think (JBLU) Airways (JBLU) will meet its 2020 earnings per share target. “We believe the Street is underestimating JetBlue’s ability to reach” its guidance, Imperial Capital analyst Michael Derchin wrote Tuesday.