New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 15, 2012
14:14 EDTJBLUJetBlue estimates Sandy hurt October passenger revenue by $20M
As a result of Hurricane Sandy, JetBlue said it cancelled approximately 1,700 flights over a five day period. JetBlue estimates Hurricane Sandy reduced October passenger revenue by approximately $20M. JetBlue's preliminary passenger revenue per available seat mile for the month of October increased 2% year over year, which includes a benefit of approximately two points due to Hurricane Sandy.
News For JBLU From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
June 30, 2015
07:59 EDTJBLUJetBlue eliminates free checked bag with cheapest fare, Bloomberg says
Subscribe for More Information
June 23, 2015
10:00 EDTJBLUOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:29 EDTJBLUJetBlue to introduce Mint to Boston customers
JetBlue announced plans to enhance service at Logan International Airport as part of its long-term commitment to serve both business and leisure travelers who have made the airline the city's top carrier. As part of the expansion, JetBlue will introduce Mint, its highly acclaimed take on premium travel, to Boston customers traveling to San Francisco and Los Angeles. JetBlue will also add Nashville as its 60thnon-stop destination from Boston and will increase service frequency on more than a dozen existing routes to U.S. and Caribbean destinations. Mint service will take off between Boston and San Francisco beginning in March 2016 with up to three daily roundtrips. Additionally, JetBlue will offer Mint seasonal service to the Caribbean beginning in March 2016 with a weekly Saturday roundtrip between Boston and Barbados.
07:03 EDTJBLUJetBlue upgraded to Equal Weight from Underweight at Morgan Stanley
Subscribe for More Information
June 22, 2015
07:19 EDTJBLUAirlines focusing on upgraded in-flight web services, WSJ reports
Subscribe for More Information
June 19, 2015
16:59 EDTJBLUBuckeye, airlines agree to settle FERC disputes
Subscribe for More Information
11:09 EDTJBLUDelta climbs following upgrade, reported fare hike
The shares of Delta Air Lines (DAL) are rising after research firm Wolfe Research upgraded the stock to Outperform from Peer Perform in a note to investors earlier today. Additionally, JPMorgan says Delta appears to have instituted a domestic fare increase yesterday. WHAT'S NEW: Delta's new deal with its pilots on profit sharing removes an unknown that had been facing the company, Wolfe wrote. Additionally, the airlines seems to be implementing additional domestic capacity cuts, the firm stated. As a result, Wolfe slightly increased its passenger revenue per available seat mile, or PRASM, estimate for the company. Furthermore, expectations for Delta's Q3 PRASM have dropped significantly, even though the airlines recently said that its PRASM should turn positive in Q4. Consensus estimates for Delta now look "reasonable" for this year and beatable in 2016, according to Wolfe, which set a $62 price target on the shares. WHAT'S NOTABLE: JPMorgan said Delta appears to have instituted an additional, $2 one-way across-the-board domestic fare increase yesterday, following last week's industry-wide increase. The firm sees "no harm" in Delta trying, but adds it would be surprised to see material support from the discounters. JPMorgan said it remains "puzzled" as to why airline industry stock sentiment is so negative since discipline among the companies is "alive and kicking." The firm has an Overweight rating on Delta. OTHERS TO WATCH: Other publicly traded airline operators include American Airlines (AAL), JetBlue (JBLU), Southwest (LUV) and United Continental (UAL). PRICE ACTIOn: In late morning trading, Delta rose 2.5% to $42.38.
June 18, 2015
11:01 EDTJBLUAvis Budget, JetBlue sign preferred partnership agreement
Avis Budget Group (CAR) announced that it has signed a multi-year preferred partnership agreement with JetBlue Airways (JBLU). The new agreement significantly expands the existing marketing affiliation between the two companies, under which Avis Budget Group has served as a partner within JetBlue's TrueBlue loyalty rewards program. Under the new agreement, Avis Budget Group will promote its Avis Car Rental, Budget Car Rental and Payless Car Rental brands, products and services as well as money-saving offers directly to JetBlue customers and TrueBlue members. TrueBlue members and those with Mosaic status will have the opportunity to earn TrueBlue points when renting from Avis, Budget and Payless. The three rental brands will also be featured on JetBlue's online booking channel located at www.jetblue.com so that travelers can conveniently make car rental reservations when purchasing airline tickets.
June 17, 2015
15:52 EDTJBLUAir Transport Assc. reevaluates carry-on changes
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use