JetBlue Airways Corporation (JBLU)
| Market Cap | 1.85B |
| Revenue (ttm) | 9.71B |
| Net Income (ttm) | -183.00M |
| Shares Out | 333.29M |
| EPS (ttm) | -0.55 |
| PE Ratio | n/a |
| Forward PE | 55.56 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 15,397,554 |
| Open | 5.75 |
| Previous Close | 5.78 |
| Day's Range | 5.53 - 5.76 |
| 52-Week Range | 3.42 - 9.45 |
| Beta | 1.76 |
| Analysts | Hold |
| Price Target | 6.79 (+22.34%) |
| Earnings Date | Jan 25, 2024 |
About JBLU
JetBlue Airways Corporation provides air passenger transportation services. As of December 31, 2022, the company operated a fleet of 63 Airbus A321 aircraft, 14 Airbus A220 aircraft, 23 Airbus A321neo aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It also served 100 destinations in the 32 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 24 countries in the Caribbean and Latin America. JetBlue Airways Corporation has a strategic partnership with American Airli... [Read more]
Financial Performance
In 2022, JBLU's revenue was $9.16 billion, an increase of 51.70% compared to the previous year's $6.04 billion. Losses were -$362.00 million, 98.9% more than in 2021.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for JBLU stock is "Hold." The 12-month stock price forecast is $6.79, which is an increase of 22.34% from the latest price.
News
From FedEx to airlines, companies are starting to lose their pricing power
CNBC's Leslie Josephs and DCLA's Sarat Sethi, join 'Power Lunch' to discuss companies losing their pricing power in 2023.
Airlines urge Biden administration to do more to address flight delays
A group representing major passenger airlines on Friday urged U.S. transportation officials to do more to address the impact of private planes and air traffic controller staffing shortages on holiday ...
Airlines brace for holiday travel: What you need to know
Sara Nelson, International President of the Association of Flight Attendants, joins 'Squawk Box' to discuss disruptions in some airlines over the Christmas weekend, push for flight attendants' pay rai...
Travel volume this year will surpass 2019 levels, says David Banmiller
David Banmiller, President of the Falcon Group, discusses the travel season this year.
US airlines ready for busier holiday travel after 2022 meltdown
US airlines say they are prepared for busier end-of-year holiday travel compared with the same peak period a year earlier, when storms led to thousands of canceled flights and congestion. More here:
JetBlue Foundation Celebrates 10 Years of Enhancing Access and Inspiring Careers in Aviation
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) is proud to celebrate the JetBlue Foundation's successful decade of inspiring humanity beyond air travel. For the last 10 years, the JetBlue Foundatio...
JetBlue Expands Mexico Service with Flights from New York to Tulum on Sale Today
NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced it will serve Tulum, its fourth destination in Mexico. JetBlue's flights to Tulum are on sale starting today. Daily nonstop service fr...
Jetblue raises guidance: Can the airlines take flight in 2024?
Jetblue NASDAQ: JBLU raised guidance for Q4 and the year, suggesting it will carry momentum into 2024. The news helped lift the stock and the airline complex with it, raising the question, can the sec...
JetBlue Announces Record and Payment Dates for December 2023 Additional Prepayment to Spirit Stockholders
NEW YORK--(BUSINESS WIRE)--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 Celebrates a Trailblazing 10 Years of Fast, Free and Unlimited Fly-Fi®
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today celebrates its 10-year anniversary of Fly-Fi—the airline's fast, free and unlimited broadband satellite internet service. With this bold move th...
JetBlue Names Dawn Southerton, Vice President Controller and Principal Accounting Officer
NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announces the appointment of Dawn Southerton to vice president, controller and principal accounting officer. Southerton will oversee the company...
JetBlue Shares Take Off as Bookings Jump
JetBlue Airways (JBLU) shares soared more than 11% in intraday trading Thursday after the airline lowered its full-year loss guidance because of booming demand for tickets.
JetBlue Airways Hikes Guidance on Healthy Travel Demand. The Stock Is Soaring.
The company now expects revenue to fall between 4% and 7% in the fourth quarter, from the year-ago period. It had previously forecast a steeper drop of between 6.5% and 10.5%.
JetBlue's stock jumps premarket after airline raises guidance, citing ‘healthy' travel demand
JetBlue Airways Corp.'s stock JBLU, +1.72% jumped 4.9% early Thursday, after the airline raised guidance for the fourth quarter and full year, saying travel demand remains “healthy.” “Since late Octob...
US airlines' plans for growth constrained by antitrust concerns
Shortages of new planes, jet engines and pilots have left U.S. airlines with little choice but to pursue growth through acquisitions - which puts them in the crosshairs of anti-trust regulators.
From Runway to Reef: JetBlue Flights Take Off to Belize 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 Philip S. W. Goldson Internation...
Global Airlines Set to Reach Record Revenue in 2023
Global airlines are poised to generate record revenue this year as net profit is forecast to reach $23.3 billion with the gains likely extending into 2024. International Air Transport Association Dire...
Airlines see stable profits, record traveller numbers in 2024
Airline profits are set to stabilise in 2024 as continued growth in post-pandemic travel is offset by the high cost of capital and capacity constraints, industry group IATA said on Wednesday.
JetBlue argues it needs merger with Spirit to compete, as trial over $3.8 billion deal winds down
BOSTON — A lawyer for JetBlue Airways said Tuesday that the biggest U.S. airlines are using their size to cement their dominance in a post-pandemic world, making it critical that a federal judge allow...
Judge leans toward approving JetBlue's $3.8B deal for Spirit
The judge also said he expected airline fares would rise if no-frills, ultra-low-cost Spirit no longer was around to "undercut everyone else" and drive down prices.
Jefferies' Sheila Kahyaoglu talks top airline picks into 2024
Sheila Kahyaoglu, Jefferies analyst, joins 'Closing Bell Overtime' to talk her top airline stocks into year-end.
Airlines Battle Flight Delays on Busiest Day for Air Travel in History
Seven of the 10 busiest days in history have come in the past six months. The remaining three were in 2019.
What's Next For JetBlue Stock After A 35% Fall This Year?
After a 35% fall this year, JetBlue Airways stock (NASDAQ: JBLU) looks like it can see higher levels.