11 Best Airline Stocks to Buy Now

Page 4 of 10

7. JetBlue Airways Corporation (NASDAQ:JBLU)

Number of Hedge Fund Holders: 33

JetBlue Airways Corporation (NASDAQ:JBLU) is a well-known American low-cost carrier. The airline, headquartered in New York, operates flights to over 100 locations in the United States, the Caribbean and Latin America, Canada, and Europe. The company is renowned for its emphasis on customer happiness, which includes offering amenities like in-flight entertainment while keeping a low ticket cost.

Following the airline’s fourth-quarter results release, Raymond James analyst Savanthi Syth reiterated a Market Perform rating on JetBlue Airways (NASDAQ:JBLU). Syth said that JetBlue’s fourth-quarter revenue reached the upper end of the company’s projections, with adjusted earnings per share marginally exceeding consensus predictions but falling short of Raymond James’ expectations owing to higher non-operational expenditures. The analyst also added that JetBlue’s conservative estimates for 2025 may be due to the airline’s comparitively small exposure to major business travel and rising competition capacity challenges.

Page 4 of 10