We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
JetBlue (JBLU) Aims to Expand Mexico City & Havana Service
Read MoreHide Full Article
JetBlue Airways Corporation (JBLU - Free Report) recently announced the expansion of its existing Mexico City and Havana service from its northeast and south Florida focus cities.
The carrier will initiate operations connecting Havana’s Jose Marti International Airport with Boston’s Logan International Airport and Fort Lauderdale-Hollywood International Airport. Flights between Boston and Havana will be offered on Saturdays, beginning Nov 10, 2018 while the same between Fort Lauderdale and the Cuban capital will be available thrice daily from Sunday to Friday, starting Nov 11. Notably, JetBlue had commenced US-Cuba service a couple of years ago in 2016.
Government approval for the new routes is pending and tickets will be put up for sale in a few weeks’ time. These new services are prompted by the U.S. Department of Transportation’s (DOT) nod for additional frequencies to the capital city of Cuba.
We remind investors that in March-end, the DOT granted a tentative clearance for new U.S.-Cuba scheduled flights to five US airlines namely, United Airlines, the wholly owned subsidiary of United Continental Holdings, Inc. (UAL - Free Report) , American Airlines Group Inc. (AAL - Free Report) , Delta Air Lines, Inc. (DAL - Free Report) and Southwest Airlines Co. including JetBlue. The DOT’s decision followed after many carriers like Frontier Airlines and Spirit Airlines terminated their operations among specific nations on lower-than-expected demand.
Further, the low cost carrier intends to begin two new daily nonstop services to Mexico City from Boston and New York’s John F. Kennedy International Airport, effective Oct 25 this year. The new routes, for which government approval is pending, are an addition to the existing Mexico City service from Orlando International Airport and Fort Lauderdale. Following the new service, JetBlue will run a total of six daily flights between the United States and the Mexican capital.
The additional Mexico City service is a result of the DOT’s requirement for a few carriers to divest airport slots to boost competition at the Mexico City International Airport.
This Zacks Rank #3 (Hold) company will operate the new services to Cuba and Mexico on an Airbus A320 aircraft featuring comfortable seating, complimentary snacks, high-speed internet and other high-end amenities. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Image: Bigstock
JetBlue (JBLU) Aims to Expand Mexico City & Havana Service
JetBlue Airways Corporation (JBLU - Free Report) recently announced the expansion of its existing Mexico City and Havana service from its northeast and south Florida focus cities.
The carrier will initiate operations connecting Havana’s Jose Marti International Airport with Boston’s Logan International Airport and Fort Lauderdale-Hollywood International Airport. Flights between Boston and Havana will be offered on Saturdays, beginning Nov 10, 2018 while the same between Fort Lauderdale and the Cuban capital will be available thrice daily from Sunday to Friday, starting Nov 11. Notably, JetBlue had commenced US-Cuba service a couple of years ago in 2016.
Government approval for the new routes is pending and tickets will be put up for sale in a few weeks’ time. These new services are prompted by the U.S. Department of Transportation’s (DOT) nod for additional frequencies to the capital city of Cuba.
JetBlue Airways Corporation Price
JetBlue Airways Corporation Price | JetBlue Airways Corporation Quote
We remind investors that in March-end, the DOT granted a tentative clearance for new U.S.-Cuba scheduled flights to five US airlines namely, United Airlines, the wholly owned subsidiary of United Continental Holdings, Inc. (UAL - Free Report) , American Airlines Group Inc. (AAL - Free Report) , Delta Air Lines, Inc. (DAL - Free Report) and Southwest Airlines Co. including JetBlue. The DOT’s decision followed after many carriers like Frontier Airlines and Spirit Airlines terminated their operations among specific nations on lower-than-expected demand.
Further, the low cost carrier intends to begin two new daily nonstop services to Mexico City from Boston and New York’s John F. Kennedy International Airport, effective Oct 25 this year. The new routes, for which government approval is pending, are an addition to the existing Mexico City service from Orlando International Airport and Fort Lauderdale. Following the new service, JetBlue will run a total of six daily flights between the United States and the Mexican capital.
The additional Mexico City service is a result of the DOT’s requirement for a few carriers to divest airport slots to boost competition at the Mexico City International Airport.
This Zacks Rank #3 (Hold) company will operate the new services to Cuba and Mexico on an Airbus A320 aircraft featuring comfortable seating, complimentary snacks, high-speed internet and other high-end amenities. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>