JetBlue (JBLU) and Southwest Airlines (LUV) edged lower on Friday after BofA Global Research downgraded both stocks to ‘Underperform’ from ‘Neutral’. According to TheFly, the BofA analyst said both airlines trade at the high end of historical valuation ranges despite less exposure to "the strongest industry trends.
New flights have been added for Kansas City and Philly fans, with one airline adding flights on a route it doesn't normally serve.
Frontier and Spirit Airlines will once again try to merge, only months after the Biden administration won a key antitrust court battle to block
Airline stocks were mixed on Friday after Bank of America upgraded American Airlines Group Inc. and downgraded Southwest Airlines Co. and JetBlue Airways Corp., predicting that the network carriers will continue to outperform low-cost airlines due to demand for premium travel.
The latest promotion also comes as JetBlue rolled out the ability to pay for flights with Venmo, the popular peer-to-peer payment app. Venmo is now present as a payment option on JetBlue’s website, though it will also become available on the airline’s mobile app later this year.
Venmo payment options are the latest announcement in a broader effort from JetBlue to enhance its services and boost profits. The struggling low-cost carrier has searched for new revenue streams as larger airlines introduce their own budget options, increasing competition for those flyers.
JetBlue stock price has underperformed other American airline companies like United Airlines, Delta, and American Airlines. It has dropped by over 63% from its highest level in 2021, bringing its valuation to $2.
JetBlue announced a three-day winter sale on Tuesday, with one-way fares out of Boston for as low as $49. The deal, which ends Jan. 30, is valid for trips taken between Feb. 3 and April 9 and excludes Friday and Sunday travel.
United Airlines has just dropped its new wave of status match applications for 2025, giving travelers the chance to enjoy elite status perks for a limited time.
JetBlue now accepts Venmo payments for ... Many airlines, including major US carriers such as American, Delta, Southwest and United airlines, already accept payments using PayPal.
A regional jet on approach to landing at Reagan National Airport collided with a military helicopter over the Potomac River late Wednesday night, prompting a massive search and rescue operation.
Budget carrier Frontier Airlines announced on Wednesday that it has made another bid for fellow discount carrier Spirit Airlines, which is in bankruptcy, for an undisclosed sum.