JetBlue (JBLU) warns on December travel demand trends. George Tsilis joins Alex Coffey and Jenny Horne to discuss JBLU. He talks about how JBLU is hurting after the deal with Spirit (SAVE) fell through. He notes that JBLU sees 4Q flown capacity up 1%-4% versus 3Q19. He then goes over how JBLU expects revenue per available seat mile to be at low end of prior guidance for 4Q. He also compares JBLU to other airline stocks such as American Airlines (AAL), Delta Airlines (DAL), and Southwest Airlines (LUV). Tune in to find out more about the stock market today.
Next Gen Investing
13 Dec 2022
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