Pick JetBlue Airways Stock For 30% Gain

Pick JetBlue Airways Stock For 30% Gain

NEW YORK, NY - APRIL 23: The JetBlue logo is seen at John F. Kennedy Airport on April 23, 2014 in ... [+] the Queens borough of New York City. JetBlue pilots voted to unionize today by a 71% margin. (Photo by Andrew Burton/Getty Images) Per quarterly filings, JetBlue Airways (NASDAQ: JBLU) had guided its Q3 2021 revenues to be 9% lower than observed in Q3 2019 with a significant improvement in load factor. While the fourth wave of infections negatively affected recovery in air travel demand, the company's strong balance sheet and high operating margin will assist long-term shareholder returns. As passenger numbers at TSA checkpoints have remained fairly stable in the past few weeks, Trefis believes that JetBlue stock is poised for sizable gains. Our interactive dashboard highlights JetBlue Airways During 2008 Recession vs. Now. JetBlue Airways' fundamentals likely to improve in the coming quarters JetBlue Airways' revenues increased by 15% from $7 billion in 2017 to $8. 1 billion in 2019, assisted by capacity growth and rising ticket prices. In 2020, the company's top line observed a 64% (y-o-y) contraction as air traffic demand plummeted and cost control measures were implemented. Moreover, the company's net-margins deteriorated from