Seeking Alpha

JetBlue Airways Corporation (JBLU)

  • Yesterday, 2:32 PM
    • JetBlue (JBLU -2%) announces it will offer service to Barbados out of JFK all year long after a successful test of the route over the last few weeks. The premium Mint service will be used by JetBlue on the flights.
    • The company plans to provide three daily round trips to Barbados during the peak summer season.
    | Yesterday, 2:32 PM | 2 Comments
  • Tue, Nov. 24, 1:49 PM
    • A global travel warning issued by the U.S. Department is impacting several sectors. Hotel stocks are notably weaker, while amusement park stocks are also trailing broad market averages. Airlines are feeling a double whammy from travel demand concerns and a 3% rise in crude oil futures.
    • In some cases the sell-off appears to be an overreaction with little evidence in that travel habits will change dramatically, according to some analysts.
    • Decliners include Hyatt Hotels (H -1.5%), Hilton Worldwide (HLT -1.1%), Marriott International (MAR -1.8%), JetBlue (JBLU -1.7%), Delta Air Lines (DAL -3.3%), American Airlines Group (AAL -2.4%), United Continental (UAL -3.2%), Allegiant Travel (ALGT -5.3%), Spirit Airlines (SAVE -4.1%), Southwest Airlines (LUV -2.7%), Six Flags (SIX -1.0%), Cedar Fair (FUN -1.0%), Disney (DIS -0.9%), and Sabre (SABR -3.9%), Virgin Amerinca (VA -2.5%), Alaska Air Group (ALK -1.5%).
    • Previously: PCLN, EXPE, TRIP sell off after State Department issues travel warning (Nov. 24)
    | Tue, Nov. 24, 1:49 PM | 16 Comments
  • Wed, Nov. 18, 1:22 PM
    • Airline stocks turned higher after the price of WTI crude oil broke below the $40 level for the first time since August.
    • The sector has seen some selling pressure this week on concerns over global travel.
    • U.S.-focused JetBlue (JBLU +1.7%), Allegiant Travel (ALGT +1.8%), and Spirit Airlines (SAVE +1.6%) are making the boldest moves today.
    | Wed, Nov. 18, 1:22 PM | 4 Comments
  • Tue, Nov. 17, 9:06 AM
    • Airline fares increased 1.5% M/M in October to break a streak of monthly declines, according to the Bureau of Labor Statistics.
    • The average fare was still 5.2% lower than the level from a year ago on an unadjusted basis.
    • The slight increase in fares is a positive development for the sector after Q3 earnings were pinched on highly competitive pricing in key markets.
    • Related stocks: LUV, UAL, DAL, AAL, JBLU, ALK, HA, SAVE, ALGT, RJET, VA, SKYW.
    • Related ETF: JETS.
    • BLS CPI data
    | Tue, Nov. 17, 9:06 AM | 6 Comments
  • Wed, Oct. 28, 9:29 AM
    • Credit Suisse downgrades JetBlue (NASDAQ:JBLU) to a Neutral rating from Outperform,
    • The investment firm reduces the price target on the U.S. carrier to $28 from $32.
    • The ratings swipe by CS was a direct reaction to Jetblue's Q3 earnings and guidance.
    • Previously: JetBlue Airways beats by $0.01, revenue in-line (Oct. 27 2015)
    • JBLU -2.80% premarket to $24.65.
    | Wed, Oct. 28, 9:29 AM | 6 Comments
  • Tue, Oct. 27, 7:33 AM
    • JetBlue Airways (NASDAQ:JBLU): Q3 EPS of $0.58 beats by $0.01.
    • Revenue of $1.69B (+9.8% Y/Y) in-line.
    • Press Release
    | Tue, Oct. 27, 7:33 AM | 22 Comments
  • Mon, Oct. 26, 5:30 PM
  • Tue, Oct. 20, 11:08 AM
    • Inquiring minds want to know if JetBlue (JBLU +0.6%) will use its A321 fleet to offer transatlantic flights as it pivots to compete with the major legacy carriers.
    • The A321 has the chops to make the jump across the pond with its range listed at 3.2K nautical miles.
    • The airline is believed by some analysts to already be considering a push into Latin America.
    • Strong results in the U.S. have lifted shares of JetBlue to a +120% 52-week return.
    | Tue, Oct. 20, 11:08 AM | 5 Comments
  • Thu, Oct. 15, 7:21 PM
    • Bombardier (OTCQX:BDRAF, OTCQX:BDRBF), struggling to find established airlines as buyers for its new CSeries airliner, is in talks about a possible order from JetBlue (NASDAQ:JBLU), Bloomberg reports.
    • Signing up JBLU, whose fleet currently comrpises aircraft from Airbus (OTCPK:EADSF, OTCPK:EADSY) and Embraer (NYSE:ERJ), would let Bombardier make good on a pledge to add well-known carriers to a roster of CSeries buyers now dominated by lessors and small airlines.
    • The CSeries has failed to win a firm sale since September 2014.
    | Thu, Oct. 15, 7:21 PM | 1 Comment
  • Thu, Oct. 15, 2:14 PM
    • JetBlue (NASDAQ:JBLU) says it plans to complete spreading free high-speed Wi-Fi to every one of its flights by next fall.
    • The airline already has its Fly-Fi service on its Airbus A320 and A321 aircraft, but will deploy the free service on the whole fleet in the coming year.
    • The move aligns nicely with its partnership with to bring Amazon video onboard.
    • The service uses Ka-band technology, offering speeds of up to 20 Mbps per device. JetBlue continues to offer live DirecTV programming for free as well.
    | Thu, Oct. 15, 2:14 PM | 2 Comments
  • Tue, Oct. 13, 11:00 AM
    • JetBlue (NASDAQ:JBLU) is sharply lower after JPMorgan downgrades and amid a broad decline in airline stocks today.
    • The investment firm doesn't see any new catalysts for JetBlue and thinks shares are "fairly valued" at current levels.
    • JP shifts to a Neutral rating from Overweight and sets a price target of $27.
    • JBLU -6.28% to $25.17.
    | Tue, Oct. 13, 11:00 AM | 13 Comments
  • Tue, Oct. 13, 9:16 AM
    | Tue, Oct. 13, 9:16 AM | 2 Comments
  • Mon, Oct. 12, 4:17 PM
    • JetBlue (NASDAQ:JBLU) reports revenue passenger miles increased 13.3% to 3.097B in September.
    • The carrier's capacity was up 13.1% to 3.821B available seat miles.
    • Departures were 10% higher year-over-year, while the average flight length was 1.2% longer at 1,068 miles.
    • September load factor +20 bps to 81.1%.
    • YTD load factor +40 bps to 85.1%.
    • JBLU closed up 2.91% today to $26.86 amid a broad rally in the airline sector.
    | Mon, Oct. 12, 4:17 PM | 5 Comments
  • Fri, Oct. 9, 10:29 AM
    • Airline stocks are showing some strength in early trading as investors shrug off another uptick in oil prices.
    • Solid traffic reports from United Continental and American Airlines Group are turning attention back to the robust profits being churned up in the sector.
    • United raised its Q3 profit forecast, while American saw a big jump in its load factor for September in a positive sign and gave its own favorable estimate on margins.
    • Gainers: United Continental (UAL +7.1%), American Airlines Group (AAL +4.4%), Delta Air Lines (DAL +2.5%), Hawaiian Holdings (HA +3.9%), Southwest Airlines (LUV +2.6%), Spirit Airlines (SAVE +4.7%), Virgin America (VA +3%), Allegiant Travel (ALGT +3.1%), Alaska Air Group (ALK +1.8%), JetBlue (JBLU +4.9%).
    • Related ETF: JETS.
    | Fri, Oct. 9, 10:29 AM | 6 Comments
  • Tue, Oct. 6, 11:21 AM
    • Airline stocks are reacting to a big jump today in oil prices.
    • The entire sector is lower, with Alaska Air Group (ALK -2.6%), United Continental (UAL -2.2%), JetBlue (JBLU -2%), and Southwest Airlines (LUV -1.8%) peeling off the most.
    • Hedging activity is still a major factor in how oil price swings impact airlines' earnings. Here's a comparison of how Q2 shook out for some players.
    | Tue, Oct. 6, 11:21 AM | 14 Comments
  • Fri, Oct. 2, 10:24 AM
    • Airline stocks are weaker than broad market averages on heightened concerns of a weak U.S. economy and in reaction to guidance from Delta.
    • The slide in the sector comes even with crude oil dropping back below $45.
    • In a new SEC filing, Delta says it sees Q3 operating margin of 20% to 21% and passenger unit revenue growth of -4.5% to -5.5%.
    • Leading decliners in the sector in early trading are Delta Air Lines (DAL -3.5%), JetBlue Airways (JBLU -3%), Hawaiian Holdings (HA -3.7%), and American Airlines Group (AAL -2.9%).
    | Fri, Oct. 2, 10:24 AM | 9 Comments
Company Description
JetBlue Airways Corp is passenger airline company. The Company provides passenger airline services in the United States. Its services include Partner airlines, Getaways, Corporate, Cargo, Travel agents, Special assistance and Travel Insurance.
Sector: Services
Country: United States