As we move into the final stretch of 2024, many investors may be asking themselves: Is it time to give airline stocks another look? According to a new report from Bank of America (BofA), the answer might very well be yes.
Airlines are raising their unit revenue forecasts for the third quarter. Flights are getting more expensive again, according to the latest inflation report.
Shares of major U.S. air carriers gained altitude on Monday after BofA Securities published upbeat comments on the industry and upgraded JetBlue Airways (JBLU) stock to "neutral" from "underperform."
United States Steel Corp (NYSE:X) stock is up 4.1% at $32.55 at last check, after an upgrade from JPMorgan Securities to "overweight" from "neutral," and at GLJ to "buy" from "sell.
JetBlue is undergoing a challenging transformation due to years of financial decline, but recently improved Q3 2024 guidance offers optimism for investors. Strategic missteps and increased competition have hindered JetBlue's growth, but new leadership is focusing on core premium leisure passengers and operational reliability. Improved near-term bookings, better on-time performance, and favorabl...
A Florida couple is building up their stake in JetBlue Airways Corp. and has been discussing possible board representation at the airline, according to a filing on Thursday.
BOSTON--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced it has launched service between Boston Logan International Airport (BOS) and Presque Isle International Airport (PQI), with the first flight arriving in Presque Isle this afternoon. Service to and from Presque Isle will operate daily, giving travelers in Northern Maine and New Brunswick added convenience when traveling to Boston an...
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