When compared to Southwest Airlines’ (NASDAQ: SOUTH), JetBlue Airways’ (NASDAQ: JBLU) stock has fallen 30% since the Covid debacle (NYSE: LUV). Just $683 million of operating cash burn was sustained by JetBlue in the year ending February 2020, far less than the $2 billion reduction in market value since then. Airline firms can’t give back to shareholders until September 2022 as part of the third phase of the payroll assistance program. Consequently, Trefis feels that JetBlue’s continuous revenue growth before the pandemic, comparable profitability to Southwest Airlines, and strong balance sheet make the company a good value purchase. A dashboard study of Southwest Airlines vs JetBlue Airways: Industry Peers; Which Stock Is a Better Bet? highlights the historical trends in revenues, margins and valuation multiple for both firms.
Why is JetBlue stock falling?
This was a contributing element in JetBlue’s downgrade—to neutral from buy—to pricing pressure. As a result of the low cost environment and the airlines’ Northeast alliance with American, experts led by Catherine O’Brien predicted that cost pressures would outweigh any revenue gains.
Is JetBlue a Buy Sell or Hold?
The stock of JetBlue Airways has been rated a Buy by the market. Based on 8 buy ratings, 6 hold ratings and no sell ratings the company’s average rating score is 2.57.
How is JetBlue doing financially?
- JetBlue’s net debt(1) decreased by $1.2 billion during the quarter, bringing it down to below pre-pandemic levels. JetBlue’s adjusted debt-to-capital ratio was 55% as of June 30, 2021. (1).
JetBlue had $3.7 billion in unrestricted cash, cash equivalents, and short-term investments at the end of the second quarter of 2021, or 46 percent of its 2019 revenue.
- A term loan of $722 million was fully returned in the second quarter of 2021, with JetBlue repaying its regular scheduled debt and finance leasing payments in the amount of $89 million.
Is JetBlue a good airline?
JetBlue Airways has been rated a three-star airline for the quality of its airport, on-board, and crew service. Seats, amenities, food and drink, IFE, cleanliness, and other aspects of the flight experience are all included in the product evaluation, while the flight attendants on board and at the airport are evaluated on their customer service skills.
Who is the CEO of JetBlue?
Mr. Robin Hayes has been the CEO of JetBlue Airways Corporation since February 16, 2015, and had previously served as the company’s president since January 1.
Mr. Hayes served as JetBlue Airways Corporation’s Chief Commercial Officer and Executive Vice President from August 2008 to December 2013. Executive Vice President of Americas at British Airways and held a number of operational positions in the United Kingdom as well as Germany. Previously, Mr. Hayes was the head of British Airways’ leisure division, which included British Airways Holidays, a JetBlue-bound vacation package offering from the airline. Prior to joining JetBlue in August 2008, he worked for British Airways for nearly twenty years as a customer service representative in Glasgow, Scotland. He maintained roles of increasing significance in both the operational and commercial sectors of British Airways throughout his career. Since February 16, 2015, he has served as a director of JetBlue Airways Corporation. The Partnership for New York City, Inc. has named Mr. Hayes as its Director.
From the University of Bath and the University of Bath, he has degrees in engineering and electrical and electronic engineering.
How much money does a JetBlue flight attendant make?
The yearly salary of a JetBlue Flight Attendant in the United States is on par with the national average, at $39,962.
In the past 36 months, Indeed has gathered 25 salary data points directly from its workers, users, and job listings.
According on third-party sources, all salary figures are estimates. The Indeed users are merely presented with these numbers for the sake of general comparison. Depending on where you live, the state’s minimum wage may be higher or lower than what you’re really paid.
What is the best airline to work for?
Ultimately, money is the most significant factor in your life. There are a number of factors to consider when deciding on a firm to work for, including the amount of money they bring in and how much they give back to their employees.
Pay scales can tell you a lot about the airline’s culture.
Make sure you don’t just look at their starting wage, but also their maximum income. Longer you work for one company, the more you will earn in wages.
The price difference between airlines might be substantial. At the very least when it comes to employee treatment.
Southwest Airlines
In the aviation sector, Southwest Airlines has a well-deserved reputation for treating their employees well.
One of the best-paid companies in the sector, but they’re always seeking for fresh methods to remind its staff that they’re important.
Everyone I know there is thrilled with the decision they’ve taken, and it’s a culture of trust.
Obviously, the number of hours you fly and the pay grade you are on, based on your seniority, determine how much you make.
Delta Airlines
In the United States, Delta is regarded as one of the top three legacy airlines. As a result of their high wages and generous profit-sharing, they have a well-deserved reputation amongst Flight Attendants.
You must, however, take into account the fact that they are not represented by a union.
Application for this airline may or may not hinge on your score here.
This airline’s average salary for a Flight Attendant is $57,000, but it depends on a variety of factors, including how frequently you fly and how long you’ve been with the firm.
United Airlines
United is another venerable American airline with a long history.
This, too, can be affected by factors such as your pay scale, frequency of flights, whether you fly domestically or internationally, per diem prices, and so on.
That’s true for any of the major airlines. If you go with United, you’ll get good value for your money.
Is JetBlue better than American?
As a general rule, JetBlue has superior customer service and more comfortable seats, while American Airlines has more international flights and more domestic flights. Checked baggage is an extra cost on JetBlue, but it is free on American.
That’s a gross simplification, so we’ll get deeper into the specifics in the next paragraphs. As a result, many of you will wind up comparing them because they are both low-cost airlines.
In 2000, JetBlue was created as an independent airline. In order to ensure a more comfortable flight, it places a great priority on comfort and the most current technologies. A low-cost airline, it is the 7th largest in the United States in terms of passengers carried.
According to fleet size and number of passengers carried each year, American Airlines is the world’s largest airline. As a direct outcome of the 2011 merger with US Airways, American Airlines was born in 1930 when two airline groups were brought together.
