JetBlue Latest and Greatest
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Joined APC: Mar 2022
Posts: 76
Gets Weekends Off
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,615
Agreed 100%. Between all the heinous news and the near-daily stock and finance downgrades, it’s mindblowing to me that people aren’t being held accountable. The brand is being destroyed anew with each and every irop. We’re on the precipice of losing this airline and I don’t feel like anyone above company-grade realizes or cares…
Gets Weekends Off
Joined APC: Feb 2009
Posts: 598
stock nosedived…along with every other airline today…because oil is up.
That is really what you have to ask yourself. With JBLU cutting back their schedule and sustained $100 barrel oil, while they overextend themselves with debt to buy Spirit, I think the answer is yes, it can get worse. They don't seem to be turning the ship around, with increased demand they can't service. I'd say the bottom would be somewhere around $6-8, around the covid dip.
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