Top 10 Airline Stocks Benefiting From The Air Travel Boom

5. JetBlue Airways Corporation (NASDAQ:JBLU)

JetBlue continued to post a loss last year. However, the company continues to propel itself forward as showcased by its 50%+ returns in a year. One of the reasons for this outperformance was its healthy balance sheet. The company has $4.1 billion in cash and financial support, which helps it focus on its business without worrying about the financials.

JBLU’s bullish thesis is all about its JetForward plans for 2027. It aims to achieve $900 million in EBIT by that year, as promised by the company’s CFO Ursula Hurley:

As I look to next year, I remain confident we have the right foundation to begin delivering results on our $800 – $900 million EBIT target.

The current market cap of just under 2.7 billion means the company is trading at an EBIT multiple of just 3! This is a great value that could bring massive returns in 2025 if the stock re-rates.