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JetBlue Airways Corporation (JBLU)

  • Yesterday, 9:02 AM
  • Wed, May 20, 5:52 PM
    • Aggressive positioning by airlines this week has led to some sharp share prices declines.
    • American Airlines indicated it would match lower fares from peers, while Southwest Airlines added capacity on some key routes.
    • Lower oil prices and stronger demand in the business segment has sparked some of the capacity growth.
    • Airline stocks: LUV, AAL, DAL, JBLU, SAVE, ALK, HA, VA, RJET, UAL.
    • Related ETF: JETS.
  • Wed, May 20, 10:42 AM
    • Airline stocks are making a strong move lower after oil prices react to supply data out of the U.S. and Japan along with renewed tension in Yemen.
    • Some sector analysts have noted the swings in airline share prices (up/down) are outsized compared to the impact on jet fuel prices of daily developments in the crude oil market.
    • Platts has a breakdown of how supply and demand forces in the jet fuel market bring other factors into play.
    • Leading airline decliners: Southwest Airlines (LUV -6.8%), American Airlines Group (AAL -6.1%), JetBlue (JBLU -6.3%), United Continental (UAL -6%), Spirit Airline (SAVE -5.3%), Delta Air Lines (DAL -4.9%), Alaska Air Group (ALK -3.9%), Hawaiian Holdings (HA -4.6%), Republic Airways (RJET -3.5%), Allegiant Travel (ALGT -3.8%).
    • Related ETFs: JETS.
  • Mon, May 18, 6:50 AM
    • JetBlue (NASDAQ:JBLU) announces it will launch daily flights into Mexico City.
    • The flights into Mexico will begin on October 1 from airports in Fort Lauderdale and Orlando.
    • Mexican carriers Volaris (NYSE:VLRS) and AeroMexico (OTC:GRPAF) have been active in adding capacity to the U.S.
    | Comment!
  • Tue, May 5, 11:08 AM
    • JetBlue (JBLU -0.5%) has struck a deal with Cuba Travel Services to add a route connecting JFK Airport to Havana.
    • The carrier plans to use the Airbus A320 for the flights.
    • JetBlue already has charter flights into Cuba from Tampa and Fort Lauderdale.
    | Comment!
  • Mon, May 4, 6:50 AM
    • JetBlue (NASDAQ:JBLU) announces an expansion of its routes into the Caribbean.
    • The carrier will add service into Antigua from Laguardia and a route into Barbados from Logan International Airport in Boston.
    • A high percentage of JetBlue's capacity increase over the last year has been in the Caribbean.
    • Previously: Efficient quarter for JetBlue amid stormy weather (Apr. 28 2015)
    | Comment!
  • Thu, Apr. 30, 9:26 AM
    • Credit Suisse upgrades JetBlue (NASDAQ:JBLU) to Outperform from Neutral on a positive take that the company will reap benefits from its recent investments.
    • The carrier is also rolling out new fare hikes in key markets.
    • JetBlue is coming off a quarter of solid execution and is heading into a period of growing capacity.
    • Previously: Efficient quarter for JetBlue amid stormy weather (Apr. 28 2015)
    • JBLUE +1.54% premarket to $21.05 vs. the 52-week trading range of $7.62 to $21.28.
    | Comment!
  • Tue, Apr. 28, 7:46 AM
    • JetBlue (NASDAQ:JBLU) reports revenue passenger miles increased 11.1% to 9.6B on a 9.6% rise in capacity during the quarter.
    • The company's load factor was up 120 bps to 84.3%.
    • Operating expenses -2.9% with a 34% decrease in fuel prices paid offsetting extra costs tied to winter storms.
    • JetBlue had 21% of its fuel consumption hedged in Q1 and expects that rate to fall to 20% in Q2.
    • Guidance: JetBlue expects CASM growth of 1% to 3% in Q1. Capacity seen rising 5.5% to 7.5% in Q2 and 7% to 9% for the full year.
    • JBLU +1.47% premarket to $19.99.
  • Tue, Apr. 28, 7:31 AM
    • JetBlue Airways (NASDAQ:JBLU): Q1 EPS of $0.40 beats by $0.01.
    • Revenue of $1.52B (+12.6% Y/Y) in-line.
    • Shares +1.17% PM.
    • Press Release
    | Comment!
  • Mon, Apr. 27, 5:30 PM
  • 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
  • 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
  • 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.
  • 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%.
  • 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)
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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