Back to top

Analyst Blog

U.S. low fare airline JetBlue Airways Corporation (JBLU - Analyst Report) entered into a collaboration with South Korea's prime carrier Asiana Airlines. As per the interline agreement between the companies, networks of both the airlines will be interconnected. The companies are also planning to introduce alternative flights between Asia and America.

This deal – that comes into effect immediately – provides travelers with the option to book a single-ticket for interconnecting flights of both carriers. Travelers will also have the advantage of one-stop baggage check-in when they change flights of the two aforesaid airlines at New York's John F. Kennedy International Airport (JFK) and Los Angeles International Airport. People willing to avail this offer can purchase tickets from travel agencies and Asiana's reservation’s call center.

This association has made it easier for travelers on Asiana going to the U.S. to change flights at JFK. With superior services and facilities that include all-leather seats, unlimited free bites and drinks, plus top-notch in-flight entertainment JetBlue will attract many customers via the partnership.

We believe that the coming together of two of the world’s top-most airlines will surely benefit the travelers to a great extent and render easy accessibility among cities across Asia and Oceania. This partnership not only opens several traveling options for flyers in the Asia-Pacific region but also promises quality services, resulting in high customer satisfaction.

Headquartered in Forest Hills, New York, JetBlue has the youngest and most fuel-efficient fleet among other major U.S. airlines such as United Continental Holdings Inc. (UAL - Analyst Report) and Delta Air Lines Inc. (DAL - Analyst Report).

Two days back, JetBlue reported break-even fourth quarter 2012 adjusted earnings, missing the Zacks Consensus Estimate of 2 cents as well as the year-ago earnings of 8 cents per share.

Jetblue currently holds a Zacks Rank #3, implying a short-term Hold rating. Another airline stock that is currently performing well is Southwest Airlines Co. (LUV - Analyst Report) which has a Zacks Rank #2 (Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
RPC INC RES 24.91 +8.35%
LITHIA MOTO… LAD 94.59 +4.60%
DELTA AIR L… DAL 39.15 +3.90%
FLAMEL TECH… FLML 14.51 +3.50%
SOUTHWEST A… LUV 28.87 +2.92%