JetBlue announced Thursday it will open its first-ever airport lounges at its main hubs in New York and Boston as the carrier ratchets up luxury amenities to compete against its bigger rivals. Slated to debut late next year, the first will be an 8,000 square-foot lounge at John F. Kennedy International Airport, followed by an 11,000 square-foot facility at Boston Logan International Airport, the company said.“Customers have asked for a JetBlue lounge for years and we can’t wait to unveil our take,” JetBlue ...

In this articleJBLUJetBlue planes at JFK's Terminal 5 in New York.Leslie Josephs | CNBCJetBlue Airways will open its first airport lounges in its more than two decades of flying, a major shift for the low-cost airline as it chases high-spending travelers.The lounges will open at the carrier's hubs in New York late next year followed by Boston, JetBlue said Thursday.The airline is also planning to launch a new "premium" credit card with its partner, Barclays, taking a page from the likes of Delta Air Lines, ...

JetBlue Airways’ (JBLU) proactive efforts to expand its network are commendable. The company’s bottom line is bolstered by its robust cost-cutting initiatives. However, weak liquidity is a major headwind.Factors Favoring JBLUJetBlue Airways’ commitment to enhance both domestic and international connectivity is encouraging. The airline is all set to add 20 percent more seats in New England this winter and launch service for the first time from Manchester-Boston Regional Airport in Manchester, NH.JetBlue is a ...

Key TakeawaysAirline stocks moved higher Monday after positive comments on the industry by BofA Securities.Analysts say airlines could benefit from moderating domestic capacity, stable demand, and lower fuel prices.BofA upgraded JetBlue stock to "neutral," highlighting the carrier's recent outlook boost as a sign of progress on its strategic initiatives. Shares of major U.S. air carriers gained altitude on Monday after BofA Securities published upbeat comments on the industry and upgraded JetBlue Airways (J ...

Shares of JetBlue Airways Corporation (JBLU) performed well on the bourse on Sept. 5, 2024, closing the trading session at $5.39 per share, up 7.16% from the previous day's closing. The upside was owing to the improved third-quarter 2024 guidance revealed by the company.JBLU now anticipates its third-quarter revenues to be down 2.5% to up 1% on a year-over-year basis. This marks an improvement from the previous guidance of a decline in the range of 1.5-5.5%. The upside in revenue performance was owing to th ...

Alvin Man/iStock Editorial via Getty Images JetBlue Airways (NASDAQ:JBLU) is in the midst of a difficult transformation that came about as a result of a number of strategic challenges with resultant leadership changes that were necessary because of a years-long decline in the company's financial performance. JBLU stockholders received good news on Thursday, September 5 with improved third quarter 2024 guidance. There is very likely even more good news not just in that guidance but coming in the weeks ahead ...

Core Insights - JetBlue Airways has raised its third-quarter revenue guidance, projecting a potential growth of up to 1% year-over-year due to increased bookings and improved operational performance during the summer [1] - The airline's revenue projection has been adjusted to reflect a range between a 2.5% loss and a 1% gain, an improvement from the previous forecast of a loss between 1.5% and 5.5% [1] Financial Performance - JetBlue's shares experienced a nearly 8% increase following the announcement of the revised revenue guidance [2] - Despite the recent rally, JetBlue shares have not fully recovered from the previous announcement regarding a $3 billion debt raise and subsequent credit downgrades [2] Market Context - The US Global Jets ETF, which includes airline shares, saw an increase of over 1% recently, indicating a positive sentiment in the airline sector [2]

JetBlue Airways Corporation (NASDAQ:JBLU) lifted its third-quarter revenue outlook amid improved summer travel. The stock was last seen up 6.1% to trade $5.34 as a result, consolidating above penny stock territory after bouncing off an Aug. 14, year-to-date low of $4.49, which followed the offering of $400 million convertible senior notes. Despite being on track to conquer its 30-day moving average, JBLU carries a 12.9% quarter-to-date deficit.Short sellers are firmly in control, with short interest up 58.2 ...

In this articleSAVEULCCJBLUJetBlue Airways, Spirit Airlines and United Airlines airplanes proceed to gates after landing at Newark Liberty International Airport in Newark, New Jersey on May 30, 2024.Gary Hershorn | Corbis News | Getty ImagesAirlines that spent years clamoring for new jets are changing their tune.Cash-strapped, low-cost and deep discounter airlines are putting off spending billions of dollars on new aircraft to save money as they try to return to steady profitability and face the impact of e ...

Shares of Long Island City, NY-based airline JetBlue Airways Corporation (JBLU) have not had a good time on the bourses of late, declining in double-digits over the past 180 days. The disappointing price performance resulted in JBLU underperforming its industry in the said time frame as well as the S&P 500, of which the airline is a key member. Additionally, JBLU’s price performance compares unfavorably with that of fellow U.S. airline operators United Airlines (UAL) and Alaska Air Group, Inc. (ALK) in the ...