Seeking Alpha
 

JetBlue Airways Corporation (JBLU)

- NASDAQ
  • Fri, Apr. 17, 8:40 AM
    • Airline fares fell 1.7% M/M in March on a seasonally adjusted basis, according to the Bureau of Labor Statistics.
    • The average fare was down 5% from last year on an adjusted basis.
    • The decrease in fares is due in part to the lag factor of dropping oil prices from the fall and competitive activity in some key markets.
    • Related stocks: LUV, UAL, DAL, AAL, JBLU, ALK, HA, SAVE, ALGT, RJET, VA, SKYW.
    • BLS CPI data
    | 5 Comments
  • Wed, Apr. 15, 10:20 AM
    • Airlines with a high mix of domestic flights look attractive to Deutsche Bank.
    • The investment firm leans on the logic of avoiding some of the F/X traps of international routes with the U.S. dollar a bullying force.
    • DB lines up Allegiant Travel (ALGT +0.4%), JetBlue (JBLU +1%), Southwest Airlines (LUV +0.5%), and Spirit Airlines (SAVE +0.7%) as top sector picks.
    • An important development in the airline industry occurred earlier today when Delta Air Lines tipped it would cut back international capacity next winter. American Airlines (AAL +2.5%) and United Continental (UAL +1.6%) are on watch to see if they match the more conservative strategy.
    • Previously: Delta Air Lines +1.9% as results impress, capacity control tipped
    | 4 Comments
  • Tue, Apr. 14, 12:57 PM
    • JetBlue's (JBLU -0.6%) policy of cancelling flights earlier than peers is a win-win proposition between travelers and investors, according to a study by Reuters.
    • The airliner canceled more flights twelve or more hours before their scheduled departure time than other major carriers, but less flights overall as planes and crews were re-allocated adroitly.
    • The policy also helps JetBlue on its bottom line with the airline giving out less refunds and filling planes at a higher rate.
    • JetBlue's YTD load factor of 84.3% is solid given the tough weather months in key Northeast markets.
    | Comment!
  • Fri, Apr. 10, 4:29 PM
    • JetBlue's (NASDAQ:JBLU) revenue passenger miles (RPMs) rose 9.2% Y/Y to 3.54B in spite of a mere 6.2% increase in available seat miles to 4.06B. That led load factor to rise 240 bps to 87.2%. For reference, RPMs and available seat miles respectively rose 10% and 7.4% in February.
    • Revenue passengers rose 8.8% to 3M, and departures 5.2% to 26.4K Passenger revenue per available seat mile (PRASM) is believed to have risen 8%. That, in turn, leads JetBlue to estimate Q1 PRASM was up 4.5%, topping guidance of 3%-4%.
    • JBLU +0.6% AH to $19.16.
    | 3 Comments
  • Thu, Apr. 9, 11:55 AM
    • Airlines stocks are making their typical strong move opposite the direction of oil prices.
    • The wild gyrations in the sector appear to be overdone to some analysts and industry watchers as developments in the oil patch crowd out capacity, demand, and pricing trends.
    • Fuel costs only accounted for 30% of the operating expenses for U.S. carriers last year, notes U.S. Global Investors CEO Frank Holmes.
    • He points out that airlines have also become more rational and are increasing the mix of fuel efficient planes.
    • There's also the disparity of airline stocks moving roughly in tandem despite different levels of jet fuel price exposure.
    • Previously: Fueling around with airline stocks (Feb. 07 2015)
    • Airline stocks on the move today: Hawaiian Holdings (NASDAQ:HA) -3.4%, Republic Airways (NASDAQ:RJET) -1.8%, Virgin America (NASDAQ:VA) -1.5%, American Airlines Group (NASDAQ:AAL) -1.5%, JetBlue (NASDAQ:JBLU) -1.5%, Spirit Airlines (NASDAQ:SAVE) -1.4%, Southwest Airlines (NYSE:LUV) -1.3%, Alaska Air Group (NYSE:ALK) -1.2%.
    | 19 Comments
  • Tue, Mar. 31, 3:25 PM
    • Airline stocks are on watch this week and next with the new round of monthly traffic and sales reports due out.
    • UBS and Credit Suisse both think passenger revenue per available seat mile fell during Q1.
    • Fares have been strong for the early part of the year, but capacity gains in some key markets is chipping away at efficiency.
    • JetBlue (NASDAQ:JBLU), Alaska Airlines (NYSE:ALK), and Southwest Airlines (NYSE:LUV) have added the most capacity on a percentage basis of the major carriers.
    • American Airlines Group (NASDAQ:AAL) has held capacity level.
    • Previously: U.S. airlines fares rise in February (Mar. 24 2015)
    | 11 Comments
  • Mon, Mar. 30, 9:14 AM
    • JetBlue (NASDAQ:JBLU) was hit by a systemwide IT outage that created a backlog of operational delays today.
    • Some passengers report that JetBlue issued handwritten boarding passes with the computer system frozen.
    • The company says the issue has now been resolved.
    | 1 Comment
  • Thu, Mar. 26, 8:20 AM
    • Airline stocks are reacting to the jump in crude oil prices as would be expected.
    • Crude oil is markedly higher off of unrest in Yemen.
    • Delta Air Lines (NYSE:DAL) is down 4.1% in premarket action, while United Continental (NYSE:UAL) is off 2.9%.
    • Southwest Airlines (NYSE:LUV) and JetBlue (NASDAQ:JBLU) are both down about 3%.
    • No-hedging American Airlines Group (NASDAQ:AAL) continues to be a curiosity to some traders with its tendency to move in-line with peers on oil swings - despite having a different fuel pricing strategy. AAL -3.4% premarket.
    • A deeper dive into jet fuel prices is available at Platts.
    | 18 Comments
  • Tue, Mar. 24, 9:48 AM
    • Airline fares in the U.S. rose in February, according to the Bureau of Labor Statistics.
    • The average fare was up 1.9% from January.
    • Fares were 3% lower than they were a year ago during February.
    • Though a slight increase was expected with oil prices higher, the reading is still positive for the sector as the impact of capacity gains in key markets on fares is weighed.
    • Related stocks: LUV, UAL, DAL, AAL, JBLU, ALK, HA, SAVE, ALGT, RJET, VA, SKYW.
    • BLS CPI data
    | 7 Comments
  • Thu, Mar. 19, 2:37 PM
    • Investor may get a buying opportunity with airline stocks when major carriers start reporting in a few weeks, tips Credit Suisse.
    • Shares in the group could trade lower after Q1 numbers come up short amid F/X pressure and Q2 guides for efficiency (PRASM) are influenced by capacity growth.
    • CS is a buyer on weakness with the sector looking strong for the back half of the year.
    • On watch: Southwest Airlines (NYSE:LUV), JetBlue (NASDAQ:JBLU), Delta Air Lines (NYSE:DAL), United Continental (NYSE:UAL), American Airlines Group (NASDAQ:AAL).
    • Previously: Global airline ETF expected this spring (March 18)
    | 17 Comments
  • Mon, Mar. 16, 8:46 AM
    • Shares of JetBlue (NASDAQ:JBLU) perk up in early trading after Raymond James comes in with an upgrade on the airline stock to Outperform from Market Perform.
    • The investment firm sees another leg of profit growth for JetBlue to push shares to new all-time highs.
    • JBLU +1.55% premarket to $18.40 after rising +109% over the last 52 weeks.
    | 1 Comment
  • Thu, Mar. 12, 9:05 AM
    • JetBlue (NASDAQ:JBLU) trades higher in early action after reporting on February traffic yesterday.
    • The carrier's results in February impressed despite the winter storms that rolled through the East Coast.
    • Flight cancellations can lead to greater efficiency in the sector, although a loss of business travel rebookings can be a risk.
    • Previously: JetBlue reports February traffic, cuts Q1 seat mile guidance (Mar. 11 2015)
    • JBLU +1.9% premarket.
    | 2 Comments
  • Wed, Mar. 11, 5:31 PM
    • JetBlue's (NASDAQ:JBLU) revenue passenger miles rose 10% Y/Y in February to 2.9B, a slowdown from January's 14.3%. However, with available seat miles only rising 7.4% to 3.48B, load factor rose 190 bps to 83.5%.
    • Revenue passengers rose 9.1% to 2.44M, and departures 5.8% to 22.3K. Passenger revenue per available seat mile (PRASM) rose 3% (winter storms provided a 2.5% boost), and is expected to be up 3%-4% for the whole of Q1.
    • Citing the impact of winter storms, JetBlue now expects 9%-10% Y/Y Q1 available seat mile growth, down from prior guidance of 11%-13%.
    • Shares are up fractionally AH to $17.17.
    | 4 Comments
  • Wed, Mar. 11, 7:41 AM
    • U.S. airlines expect passenger traffic to increase 2% during March and April.
    • The group of major carriers is forecast to show a 3% rise in capacity over the period.
    • The industry's net profit margin is expected to improve compared to a year ago due to lower fuel expenses.
    • The average price on aviation jet fuel in North America is currently down 36.6% from a year ago, but 25.2% higher than the level from a month ago.
    • Airline fares fell 3% in January and are expected to have shown a smaller decline in February. March fares are seen as holding steady due to strong business demand.
    • U.S. carriers: LUV, UAL, DAL, AAL, JBLU, ALK, HA, SAVE, ALGT, RJET, VA.
    | 7 Comments
  • Thu, Feb. 26, 9:15 AM
    • Airline fares fell 3.0% Y/Y in the U.S. during January on an unadjusted basis, according to data from the Bureau of Labor Statistics.
    • The average fare was down 1.4% M/M.
    • The drop in fares over the last few months lags by a wide margin the fuel expense savings reported by carriers.
    • Related stocks: LUV, UAL, DAL, AAL, JBLU, ALK, HA, SAVE, ALGT, RJET, VA, SKYW,
    | 9 Comments
  • Mon, Feb. 23, 10:30 AM
    • New JetBlue (JBLU +0.5%) CEO Robin Hayes is walking the line between trying to keep customers and Wall Street both happy.
    • The carrier trailed peers Southwest, United Airlines, American, and Delta in passenger revenue per available seat mile last year.
    • This year, new baggage fees and premium services are expected to close the gap.
    | Comment!
Visit Seeking Alpha's
JBLU vs. ETF Alternatives
Company Description
JetBlue Airways Corp is passenger airline company. The Company provides passenger airline services in the United States. Its services includePartner airlines, Getaways, Corporate, Cargo, Travel agents, Special assistance and Travel Insurance.
Sector: Services
Country: United States