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Here's Why Investors Should Retain JetBlue Stock Currently
JBLUJetBlue(JBLU) ZACKS·2024-12-24 19:40

JetBlue Airways (JBLU) benefits from robust air travel demand and low fuel prices. However, elevated labor costs and a high debt load are hurting JBLU’s prospects.Factors Favoring JBLUStrong passenger volumes bode well for JBLU. Air travel demand is particularly strong on the leisure front, business travel has also made an encouraging comeback. The resultant 4.9% increase in passenger revenues pushed JBLU’s top line up 5% in 2023. Despite the top line being hurt in 2024 due to flight disruptions related to ...