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Airline Stocks Face Turbulence: JetBlue Crashes 41% and Experts Sound Alarm
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Airline Stocks Face Turbulence: JetBlue Crashes 41% and Experts Sound Alarm
JetBlue’s Slide and Ratings JetBlue’s stock has been battered recently. Despite raising its Q3 guidance in September (strong late-summer bookings and cheaper fuel allowed JetBlue to tighten capacity and increase revenue forecasts flightglobal.com flightglobal.com), investors remain skeptical. The airline’s Jul–Sep earnings showed a loss of $0.16 per share (worse than many peers) marketbeat.com. JetBlue’s heavy debt load and sub‐1x price/sales ma…
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