JetBlue’s (JBLU) stock down 44% on a YTD basis. George Tsilis joins Alex Coffey and Jenny Horne to discuss JBLU’s earnings, as they missed significantly. He talks about the weakness in JBLU, as well as how the company is having trouble returning to profitability. He then goes over how the possible Spirit Airlines (SAVE) acquisition will affect JBLU. Finally, he mentions that there still is a downward trend for airline stocks overall. Tune in to find out more.
02 Aug 2022