JetBlue Airways Corporation (JBLU) News
JetBlue Airways Corporation (JBLU)
Today's Latest Price: $15.13 USD
Updated Nov 23 4:00pm
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Latest JBLU News From Around the Web
Below are the latest news stories about Jetblue Airways Corp that investors may wish to consider to help them evaluate JBLU as an investment opportunity.
Airline stocks climb with all quiet (so far) on more layoffs: At the OpenAirlines can start cutting jobs today, even as they negotiate for more federal funding, but have so far held off on any premarket announcements.Cuts could number in the tens of thousands to add to the more than 150K employees that have already left through early retirement packages or temporary leaves.The... |
Goldman Sachs says jet fuel demand will accelerate in 2021, driven by availability of a COVID-19 vaccine by the second-quarterSummary List Placement Goldman Sachs expects jet fuel demand to recover in 2021 alongside the potential availability of a COVID-19 vaccine in the second quarter. The bank's analysts said the number of airline passengers will return to pre-virus levels by 2023. "We do not believe that jet fuel demand has peaked and see jet as an area of long-term demand growth in this decade," analysts said in a note dated September 25. They suggested remaining selective on equities, and named domestic-exposed airlines including Southwest Airlines , JetBlue Airways , and Alaska Air Group as preferred stocks. Visit Business Insider's homepage for more stories . Goldman Sachs remains upbeat on the outlook for oil demand next year, thanks to an anticipated recovery in jet fuel consumption, particularly if a... |
JetBlue to bring back some parked jetsJetBlue ([[JBLU]] +1.2%) says it plans to add 24 routes later this year and put some temporarily parked jets back to work.The new routes will be in regions where the company anticipates increasing demand for leisure travel in the last quarter of the year, according to company officials.In a previous... |
JetBlue to extend waiving of change fees, to launch new routesJetBlue Airways Corp. undefined said Thursday that it will launch 24 new routes later this year, aimed at "immediately generating cash" and capturing traffic… |
Morgan Stanley's Airline Recovery Stock Picks: Why Analyst Is Bullish On Delta, Bearish On UnitedThe airline sector will see an eventual recovery in traffic, and investors should hold an attractive view of the industry, according to Morgan Stanley. The Airline Analyst: Ravi Shanker initiated coverage of the following airline stocks: Alaska Air Group, Inc. (NYSE: ALK ) at Equal-weight, $46 price target. Allegiant Travel Company (NASDAQ: ALGT ) at Overweight, $175 price target. Delta Air Lines, Inc. (NYSE: DAL ) at Overweight, $50 price target. JetBlue Airways Corporation (NASDAQ: JBLU ) at Overweight, $16 price target. Southwest Airlines Co (NYSE: LUV ) at Overweight, $54 price target. United Airlines Holdings Inc (NASDAQ: UAL ) at Underweight, $37 price target. Airlines In A Post-Coronavirus World: The COVID-19 pandemic has had an "unprecedented" impact on airlines, Shanker said in... |
I booked JetBlue's version of basic economy and saw how the airline's new safety policies make it the best value in the skyJetBlue introduced its version of a basic economy fare in November 2019, following suit with numerous competitors. The Blue Basic fare charges for advance seat assignments, restricts changes, and forces passengers to board last. During the pandemic, however, new social distancing policies that block seats and change-up the boarding process means the fare is actually a better value. Visit Business Insider's homepage for more stories . JetBlue Airways joined the basic economy bandwagon in November 2019 after holding out the longest compared to most of its competitors who have been all too eager to squeeze additional revenue from passengers. Nearly all full-service carriers in the US now have a basic economy fare, with the only exception being Southwest Airlines. The introduction of the "B... |
Neste to supply sustainable aviation fuel to three major U.S. airlinesHOUSTON , Aug. 13, 2020 /PRNewswire/ -- Neste , the world's largest producer of renewable diesel and sustainable aviation fuel (SAF) made from waste and residue raw materials, is supplying Alaska Airlines , American Airlines and JetBlue Airways with sustainable aviation fuel for flights from San Francisco International Airport (SFO). The low-carbon and high-quality fuel will contribute to each airline's efforts to reach their climate goals. Neste is now successfully delivering sustainable aviation fuel to SFO via pipeline, a milestone the airport has called a "climate quantum leap". Once Neste's SAF enters SFO's fuel consortium, it is available to the commercial, cargo or business aviation entities that operate at the airport. Alaska Airlines, American Airlines and JetBlue Airways are t... |
3 Reasons Investors Should Take a Long Look at JetBlue StockBased on pre-crisis earnings, JBLU stock is cheap. But that's not the only reason why JetBlue looks interesting from a long-term perspective. |
I flew on JetBlue for the first time during the pandemic and had a sterling onboard experience that couldn't make up for a chaotic terminal and last-minute flight cancellationJetBlue Airways is known for its low fares and high frills like complimentary in-flight entertainment and WiFi. Like most, the pandemic has forced the airline to adjust. Unlike its low-cost competitors, JetBlue has opted to block seats while keeping its complementary offerings like entertainment and a snack and beverage service. I flew on the airline from New York to Chicago and saw how the airline is surpassing competitors when it comes to safety and service but is struggling with scheduling issues. Visit Business Insider's homepage for more stories . JetBlue Airways has always been an anomaly in US aviation: a low-cost yet high-frills airline that's become the thorn in the side of the country's largest carriers. The New York-based airline has approached low-cost with a passenger-first... |
JetBlue Airways Corp. -- Moody's downgrades JetBlue's 2019-1 EETC: Class AA to A2, Class A to Baa1Moody's Investors Service ("Moody's") downgraded its ratings of JetBlue Airways Corp.'s ("JetBlue") Pass Through Certificates, Series 2019-1; Class AA to A2 from A1, Class A to Baa1 from A3. JetBlue's Ba2 corporate family rating ("CFR") and negative outlook on all of Moody's ratings of JetBlue are unaffected by this rating action. The certificates are collateralized by 25 Airbus A321ceo (current engine option) aircraft delivered new to JetBlue in 2017 or 2018. |
