Many people still think of JetBlue as a New York airline, and that's something that will never disappear, but JetBlue has really tried to lay down some claims elsewhere. Now, they're really making a big move on Boston. by Brett Snyder
Question-and-Answer Session Operator Operator Instructions Our first question comes from Mike Linenberg from Bank of America Merrill Lynch. Mike Linenberg - Bank of America Merrill Lynch Two questions -- Dave, what is the goals with respect to Lufthansa when you -- and I don’t know what sort of metrics,...
You likely could have figured out from the early press it got that JetBlue's All-You-Can-Jet pass would be a success, but now we have JetBlue Senior VP Marketing & Commercial Marty St George talking about it in more detail. This was a rock star of a promotion. by Brett...
The September traffic numbers look much better, but wait. We have to remember that last September saw a massive schedule pull down thanks to high fuel, so year-over-year comparisons are bound to look better. The ones that stand out to me here are Southwest and JetBlue. Southwest...
JetBlue announced it sold out of its $599 All-You-Can-Jet��� promotion, two days early, but declined to mention how many were actually sold. �¢â�¬��That is a great question, and one we don�¢â�¬â�¢t want our competitors to know the answer to,�¢â�¬� JetBlue�¢â�¬â�¢s Bryan Baldwin told the Los Angeles Times, adding that demand...
MIAMI (MarketWatch) -- Earlier this month was hardly high season for air travel - especially if you are flying in the middle of the day and the middle of the week. But my plane was booked solid - and the tickets weren't cheap either.
Budget air carriers have been snatching up travelers and market share from troubled legacy carriers for the better part of two decades, and now they're whipping them on the Internet, too.
BloggingStocks: For years, it's been evident that smaller airlines have had an operating advantage, particularly when they use less expensive airports. They've been able to post better numbers as a result, and in the current travel slump, they've outperformed the ... Read more
The U.S. Airlines industry has gone through several ups and downs in the past five years. Major negative influences on the industry included skyrocketing oil prices since 2005, economic recession in the U.S. since 2008, global economic downturn in 2009 and the “swine flu” outbreak.
The airlines industry is cyclical and sensitive to a number of [...]
BloggingStocks: Analyst upgrades:
RBC Capital upgraded Bank of America (NYSE: BAC) to Outperform from Sector Perform and said the company has attractive franchise value and earnings power, and is nearing the start of a credit driven earnings recovery. The firm ... Read more
BloggingStocks: Southwest Airlines Co. (NYSE: LUV), the Dallas-based low-cost air carrier, is scheduled to discuss its third quarter 2009 financial results in a conference call Thursday at 11:30 AM ET hosted by CEO Gary Kelly and CFO Laura Wright. You can catch the ... Read more
BloggingStocks: Analyst upgrades:
JPMorgan upgraded Barrick Gold (NYSE: ABX) and Goldcorp (NYSE: GG) to Overweight from Neutral following its gold valuation analysis. The firm set a $54 price target on Barrick shares and a $47 price target on Goldcorp shares. ... Read more
JetBlue Airways Corporation (NASDAQ:JBLU) hit an all-time low today and is trading just above $4 a share. The stock is falling because they have delayed orders for 21 planes to save money. Good for them, finally an act of goodness for shareholders. Let's get into why throwing the dice on JBLU may be worth it.
Special Guest: Andrew Ross Sorkin: Editor, NY Times Dealbook. We discuss the interesting and the not so interesting deals that are happening and those that may not.
Guest: Felix Salmon, Condè Nast Portfolio.com. Microsoft and Yahoo!, airlines and media stocks and a dose of the world economy. Felix brings a fresh perspective on the markets and world economy. Andrew asks Felix if bloggers are here to stay or simply a pest that will fade into the nothingness.
Find out which is Andrew's favorite airline to cross the pond. Who has the best warm nuts?
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