JetBlue Airways Corporation (JBLU)
| Market Cap | 1.99B |
| Revenue (ttm) | 9.50B |
| Net Income (ttm) | -834.00M |
| Shares Out | 340.14M |
| EPS (ttm) | -2.46 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,212,108 |
| Open | 5.83 |
| Previous Close | 5.80 |
| Day's Range | 5.80 - 5.95 |
| 52-Week Range | 3.42 - 9.45 |
| Beta | 1.91 |
| Analysts | Hold |
| Price Target | 6.17 (+5.65%) |
| Earnings Date | Jul 30, 2024 |
About JBLU
JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 aircraft. It also serves 100 destinations across the United States, the Caribbean and Latin America, Canada, and Europe. The company was incorporated in 1998 and is based in Long Island City, New York. [Read more]
Financial Performance
In 2023, JBLU's revenue was $9.62 billion, an increase of 4.99% compared to the previous year's $9.16 billion. Losses were -$310.00 million, -14.36% less than in 2022.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for JBLU stock is "Hold." The 12-month stock price forecast is $6.17, which is an increase of 5.65% from the latest price.
News
The Winners and Losers as US Airlines Gear Up for July 4
Citi Analyst Stephen Trent discusses which companies he sees succeeding as US airlines gear up for July 4 travel. He speaks on Bloomberg Television.
JetBlue Names Tracy Lawlor Chief People Officer
NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced the appointment of Tracy Lawlor to chief people officer, effective immediately. Lawlor, a veteran of the airline for nearly 23 years, ...
JetBlue Seeks to Fly Twice Daily Capital-to-Capital Service Between San Juan, Puerto Rico and Washington's Reagan National Airport
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today announced it intends to apply with the U.S. Department of Transportation (DOT) for slot exemptions to operate a second daily low fare nonstop fl...
JetBlue Gives Blue Basic a Boost with Complimentary Carry-On Bag Starting September 6
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today announced it is elevating the value of its Blue Basic fare by including a free carry-on bag for customers flying beginning September 6, 2024, re...
JetBlue Announces it will Serve Northern Maine and New Brunswick Travelers with New Daily Flights Between Boston and Presque Isle
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today announced it will launch new daily jet service between Boston Logan International Airport (BOS) and Presque Isle International Airport (PQI), st...
JetBlue Expands its Presence in Mexico with New Flights to Tulum Taking Off Today
NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced it has officially launched service between New York's John F. Kennedy International Airport (JFK) and Tulum's Felipe Carrillo Puerto T...
JetBlue Appoints David Marcontell Vice President, Technical Operations
NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced the appointment of David Marcontell to be the airline's new vice president, technical operations starting June 17. In his new role, Ma...
JetBlue Expands New York Metro Presence by Announcing it will Serve Long Island MacArthur Airport
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today reinforced its role as New York's Hometown Airline® by announcing it will launch service for the first time from Long Island MacArthur Airport (...
Spirit Airlines isn't considering chapter 11, 'encouraged' by post-JetBlue plan, CEO says
Spirit is struggling in the wake of a failed takeover by JetBlue Airways and a Pratt & Whitney engine recall. CEO Ted Christie said the company isn't considering a chapter 11 bankruptcy filing.
Zombies: Ranks of world's most debt-hobbled companies are soaring, and not all will survive
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit aw...
JetBlue Vacations Announces New Partnership with Viator
DANIA BEACH, Fla.--(BUSINESS WIRE)--JetBlue Vacations, the vacation package arm of JetBlue Airways (NASDAQ:JBLU), today announced its new partnership with Viator, the world's largest travel experience...
American Airlines would consider new JetBlue venture if it wins appeal
American Airlines told an appeals court Monday would consider a new arrangement with JetBlue Airways if it wins a ruling reversing a May 2023 decision requiring it to end an alliance.
JetBlue forecasts improved second-quarter revenue on healthy travel demand
JetBlue Airways on Monday forecast a smaller drop in second-quarter revenue than it had previously forecast due to healthy travel demand, sending its shares up 2.3% in premarket trading.
JetBlue offers an improved outlook while saying travel demand remains healthy
Following American Airlines Group Inc.'s guidance cut last week, JetBlue Airways Corp. made the opposite move on Monday, tweaking its outlook higher by raising the lower bound on several metrics.
Airlines headed for record revenue in 2024 as travel soars, but profit margins remain thin
The International Air Transport Association raised its profit forecast for the airline industry in 2024 and predicts a revenue of $996 billion — a record high and a 9.7% jump on the previous year. Tot...
Airline stock plays: Why Delta still flying above Jetblue
Citi airlines analyst Steve Trent joins Market Domination for a special edition of Good Buy or Goodbye to take a look at his previous call and evaluate how it holds up. Previously, Trent picked Delta ...
JetBlue to Webcast Fireside Chat at Morgan Stanley Travel & Leisure Conference
NEW YORK--(BUSINESS WIRE)--JetBlue Airways Corporation (Nasdaq: JBLU) will participate in a fireside chat at the Morgan Stanley Travel & Leisure Conference on June 3rd at approximately 9:10 a.m. ET. A...
Jet Ready to Travel to St. Vincent and the Grenadines and Bonaire with JetBlue's New Flights on Sale Today
NEW YORK--(BUSINESS WIRE)--Seats are now available for sale on JetBlue's (Nasdaq: JBLU) recently announced new Caribbean service from New York's John F. Kennedy International Airport (JFK). Flights be...
JetBlue Announces Crew Base in San Juan as Puerto Rico's Largest Airline Continues to Invest in the Island
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced plans to open a pilot and flight attendant crew base at Luis Muñoz Marín International Airport (SJU) in San Juan, Puerto ...
Airline Stocks Fall as American Cuts Guidance. Why It's an Overreaction.
Friday was the busiest day in U.S. aviation history as the summer travel season began in earnest. But the sector's stocks were falling Wednesday after American Airlines slashed its outlook.
From the Boroughs to the ‘Burgh: JetBlue Flights From New York to Edinburgh Taking Off Today
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) announced it has expanded its transatlantic offerings with new, nonstop flights to Edinburgh taking off from New York today. Daily summer-seasonal ser...
JetBlue, British Airways seek partnership to expand networks
JetBlue Airways and British Airways are seeking a codesharing agreement, which would allow the airlines to sell seats on each other's flights. The request includes 75 U.S. destinations and 17 in Europ...
TD Cowen's Helane Becker says these U.S. airlines are buys on strong summer travel demand
Helane Becker, TD Cowen senior airlines analyst, joins 'Power Lunch' to discuss the anatomy of the consumer in the travel sector.
U.S. airlines challenge Biden administration's new transparency rules
Major U.S. airlines are challenging a new Biden Administration rule requiring them to disclose certain fees. Transcript: Conway Gittens: I'm Conway Gittens reporting from the New York Stock Exchange.