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2023-06-28 11:18:28 ET Summary JetBlue Airways is currently undergoing a potentially beneficial acquisition of Spirit Airlines. Despite regulatory concerns, I believe the deal will likely go through. The airline industry, including JetBlue, suffered significantly during the COVID-...
2023-06-28 09:15:59 ET Summary The U.S. Global Jets ETF, which invests in major US and international passenger airline companies, saw unit prices rise by 4.4% on June 27th, bringing its return for the past month to 10.8% and year to date to nearly 18.2%. This growth is largely attribu...
2023-06-27 15:29:37 ET Summary Spirit Airlines has reduced capacity forecasts driven by supply chain challenges for airplanes and engines. In case of approval for the combination with JetBlue, a significant upside remains but as a standalone business the company also can perform w...
2023-06-27 14:30:24 ET Airline stocks pushed higher on Tuesday after Delta Air Lines ( DAL ) lifted its second-quarter profit outlook and posted full-year guidance at the high end of its prior range. Delta Air Lines ( DAL ) CEO Ed Bastian pointed to sustained travel demand d...
JetBlue Airways Corporation (NASDAQ: JBLU) has caught the attention of the investment community today with its bullish price action. The company's shares are currently up 8.08% on the day to $8.7. JetBlue Airways Corporation provides air passenger transportation services. As of December 31, 20...
2023-06-27 09:22:14 ET The aerospace manufacturing industry is a competitive marketplace that is led by Boeing ( NYSE: BA ) and Airbus ( OTCPK:EADSY ). While the two multinationals have significant operations in other segments like defense, the key fight for air superiority cent...
2023-06-21 16:11:35 ET Summary Frontier Group Holdings, Inc. continues its aggressive growth plans with plans to grow capacity at more than 20% in Q2. The airline should benefit from the Spirit Airlines, Inc. merger, including the recent deal to acquire gates and slots in New York...
As previously announced, in connection with the Agreement and Plan of Merger, dated as of July 28, 2022 (the “Merger Agreement”), by and among JetBlue Airways Corporation (“JetBlue”) (NASDAQ: JBLU), Sundown Acquisition Corp., and Spirit Airlines, Inc. (“Spirit...
JetBlue’s Airbus A321 with Mint becomes the first aircraft of its next-generation livery design The bold colors and distinctive patterns elevate the new livery as an icon in the sky as JetBlue grows and expands to new markets JetBlue (Nasdaq: JBLU) today announced its new...
2023-06-12 14:12:35 ET JetBlue ( NASDAQ: JBLU ) rose 2.7% and American Airlines ( NASDAQ: AAL ) gained 2.6% as a federal judge delayed an injunction that will prevent an alliance covering flights across the northeastern U.S. for the airlines. The injunction ...
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2024-07-30 14:30:15 ET Image source: The Motley Fool. JetBlue Airways (NASDAQ: JBLU) Q2 2024 Earnings Call Jul 30, 2024 , 10:00 a.m. ET Operator Continue reading For further details see: JetBlue Airways (JBLU) Q2 2024 Earnings Call Transcript
2024-07-30 13:52:24 ET Shares of JetBlue (NASDAQ: JBLU) were soaring Tuesday, up by 17% as of 1 p.m. ET after the discount airline landed a surprise profit in the middle of Wall Street before the opening bell. Heading into the quarterly report, the consensus view among analysts ...
Exceeded second quarter guidance targets Introducing JetForward, the evolution of JetBlue's strategy to restore profitability Targeting $800M - $900M of incremental EBIT (1) in 2027 JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for...