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Jet Blue

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Posts: 11

woopdurritis

Banned

Joined: May, 2007

Posts: 22212

Posted: Aug. 25, 2010 - 5:25 PM ET #1

Anyone think that Jet Blue stock is a good buy?

In my opinion this is the best airline out there hands down. Best prices, most comfort, best perks such as digital cable and extra leg room in each seat.

I think that eventually this will be the premier airline or boughten out by a major airline.

At 5.66 a share is this a good buy? I know with the down economy is down travel... but I believe that more and more people will be turning to Jet Blue

Rush51

Covers Rehab

Joined: Jan, 2005

Posts: 8856

Posted: Aug. 25, 2010 - 10:57 PM ET #2

The Airlines just might be the most competitive, cut-throat market segment out there...

Also, you're betting on the American consumer feeling better about themselves... and wanting to travel more.. That's not where we're at in today's economy with near 10% unemployment.

Jet Blue would be OK for a "speculative" play... but not for any significant investment IMHO.

woopdurritis

Banned

Joined: May, 2007

Posts: 22212

Posted: Aug. 26, 2010 - 1:59 PM ET #3

Quote Originally Posted by Rush51:

The Airlines just might be the most competitive, cut-throat market segment out there...

Also, you're betting on the American consumer feeling better about themselves... and wanting to travel more.. That's not where we're at in today's economy with near 10% unemployment.

Jet Blue would be OK for a "speculative" play... but not for any significant investment IMHO.

My flight home from Seattle was overbooked by 3 people, they ended up having to give away free tickets just to get people onto the next flight. Obviously that is just one flight, but from what I have seen personally travel seems to be going somewhat back up.

nbafan88

Hall of Fame

Joined: Mar, 2008

Posts: 26899

Posted: Aug. 27, 2010 - 12:36 PM ET #4

Quote Originally Posted by woopdurritis:

every single flight I have been on recently has been overbooked... i don't know if its because people are flying more or there are just lower amounts of flights/smaller airplanes.

Rush51

Covers Rehab

Joined: Jan, 2005

Posts: 8856

Posted: Aug. 27, 2010 - 10:10 PM ET #5

Quote Originally Posted by nbafan88:

every single flight I have been on recently has been overbooked... i don't know if its because people are flying more or there are just lower amounts of flights/smaller airplanes.

It's the latter of the two... Airlines have long had a history of overbooking.... Trying to run a tight ship . They fret over the idea of flying with an empty seat.

jlt9889

Veteran

Joined: Sep, 2007

Posts: 4453

Posted: Aug. 28, 2010 - 10:52 AM ET #6

most likely less flights available

LeRinkRat

Legend

Joined: Dec, 2001

Posts: 85256

Posted: Aug. 28, 2010 - 2:35 PM ET #7

IF I was going to buy an airline stock long term it would be Southwest Airline (LUV - nyse) before Jet Blue (JBLU - nasdaq). I have NEVER seen a better run airline OR one that has better employee relations, than LUV.

BUT the even better alternatives in air transportation are probably United Parcel Service (UPS - nyse) and FedEx Corp (FDX - nyse). to the best of my knowledge, the only companies that have a stronger "free cash flow" of either UPS or FDX are the "five families" oil companies. both their business models are MUCH more stable than ANY of the passenger airlines.

LeRinkRat

Legend

Joined: Dec, 2001

Posts: 85256

Posted: Aug. 28, 2010 - 2:38 PM ET #8

UPS https://finance.yahoo.com/q?s=UPS

FDX https://finance.yahoo.com/q?s=fdx

rubberband-man

Prospect

Joined: Jul, 2007

Posts: 340

Posted: Sep. 18, 2010 - 9:08 PM ET #9

i agree with jet blue being one of the best. just dont know if i would invest in them unless i knew they were going to buy more planes. they have a limited asset even though they have support form i think luftansa cus they are owned by them-they are a good airline company also.