Wed, May 27, 12:06 PM
- Airline stocks trade higher to help take some of the sting off recent declines generated in the sector.
- Some analysts see the strong free cash flow trends in the industry offsetting concerns over pricing and capacity.
- Hawaiian Holdings (HA +6.7%), United Continental (UAL +3.2%), Spirit Airline (SAVE +2.1%) and JetBlue (JBLU +2.6%) are making the sharpest moves on the day.
- Previously: Airline sector in midst of worst streak in seven months (May 26)
- Related ETFs; 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.
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.
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
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%.
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.
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.
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.
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.
Thu, Feb. 19, 9:48 AM
- Strong gains across the airline sector after oil prices move in the right direction after inventories increase.
- What to watch: The West Coast port slowdown is now a factor in the jet fuel market (Platts breakdown).
- Gainers: Republic Airways (NASDAQ:RJET) +4.7%, Delta Air Lines (NYSE:DAL) +4.1%, JetBlue (NASDAQ:JBLU) +3.9%, Southwest Airlines (NYSE:LUV) +2.6%, United Continental (NYSE:UAL) +2.8%, American Airlines Group (NASDAQ:AAL) +2.1%, United Continental (UAL) +2.5%, Spirit Airlines (NASDAQ:SAVE) +2.6%, Virgin America (NASDAQ:VA) +2.1%, Allegiant Travel (NASDAQ:ALGT) +1.8%, Hawaiian Holdings (NASDAQ:HA) +1.2%.
Mon, Feb. 9, 10:37 AM
- It's an anxious time for airline stocks with a number of factors swaying sentiment to start the week.
- Oil prices continue to trek higher after OPEC issued an updated outlook on demand.
- Southwest Airlines (LUV -1.9%) showed a drop in load factor during January as its capacity outran passenger revenue miles.
- Another winter storm on the East Coast is also an operational complexity for the sector.
- Decliners: United Continental (NYSE:UAL) -4.7%, Alaska Air Group (NYSE:ALK) -4.2%, Republic Airways (NASDAQ:RJET) -4.1%, JetBlue Airways (NASDAQ:JBLU) -3.6%, American Airlines (NASDAQ:AAL) -3.4%, Delta Air Lines (NYSE:DAL) -3.2%, Hawaiian Holdings (NASDAQ:HA) -2.1%.
Tue, Feb. 3, 2:46 PM
- Another strong jump in oil prices has tripped up airline stocks again.
- The outlier in the group is Virgin America (NASDAQ:VA) which has managed a 0.2% gain.
- The sector is coming off a Q4 where most companies realized a double-digit decline in fuel expenses with no give back on airfares.
- Decliners: Republic Airways (NASDAQ:RJET) -1.1%, Delta Air Lines (NYSE:DAL) -1.1%, Hawaiian Holdings (NASDAQ:HA) -1.0%, Southwest Airlines (NYSE:LUV) -3.1%, Alaska Air Group (NYSE:ALK) -3.0%, American Airlines Group (NASDAQ:AAL) -2.4%, Allegiant Travel (NASDAQ:ALGT) -3.2%, JetBlue (NASDAQ:JBLU) -2.1%, United Continential (NYSE:UAL) -2.3%.
Mon, Feb. 2, 3:02 PM
- Airline stocks retreat after oil prices make a strong move higher.
- Despite the ups and downs in the sector as developments with the oil market dominates headlines, more analysts are jumping aboard the long-term story on airlines on earnings growth potential and cash flow allocation plans.
- Today it was Raymond James coming in with upgrades on Delta Air Lines , Spirit Airlines (SAVE +1%), and United Continental to a Strong Buy.
- Decliners: Republic Airways (NASDAQ:RJET) -3.8%, Delta Air Lines (NYSE:DAL) -3.0%, Hawaiian Holdings (NASDAQ:HA) -2.7%, Southwest Airlines (NYSE:LUV) -2.5%, Alaska Air Group (NYSE:ALK) -1.9%, American Airlines Group (NASDAQ:AAL) -1.7%, Allegiant Travel (NASDAQ:ALGT) -1.5%, JetBlue (NASDAQ:JBLU) -1.4%, United Continential (NYSE:UAL) -1.2%.
Thu, Jan. 29, 2:29 PM
- Shares of JetBlue (NASDAQ:JBLU) are up 8.75% to $17.15 after the company beats profit estimates with its Q4 report.
- The carrier gave investors a lot to work with on the fuel riddle, forecasting it will spend $1.97 per gallon in Q1 after factoring in hedging.
- JetBlue is raising capacity aggressively, but its load factor and operating expenses per seat readings have held up nicely.
- Baggage fees are also starting to become a factor.
- Oil prices are lower today which is also a factor in the JetBlue rally.
- Previously: JetBlue Airways beats by $0.02, revenue in-line (Jan. 29 2015)
- Previously: Efficiency gains at JetBlue in Q4 even as capacity rises (Jan. 29 2015)
- Shares of JBLU appear to be gliding in for their first +$17 close ever.
Thu, Jan. 29, 8:01 AM
- JetBlue (NASDAQ:JBLU) reports revenue passenger miles increased 8.5% to 9.4B in Q4.
- The company's load factor improved 120 bps to 82.1% on a 7.0% rise in capacity.
- Operating expenses +2.1% during the quarter, although on a per available seat mile basis expenses were down 4.5% to $0.1117.
- JetBlue realized a fuel cost of $2.70 per gallon during the quarter, down 12.7% Y/Y, with 26% of its fuel purchases hedged.
- JBLU +0.8% premarket.
JBLU vs. ETF Alternatives
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.
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