JetBlue said in a regulatory filing that demand for travel remains healthy. Since late October, close-in bookings have outperformed expectations for both holiday peak and non-holiday travel periods. JetBlue experienced strong operational performance during the month of November and achieved a 99.9% completion factor for the month and 100% completion factor for the Thanksgiving peak period.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on JBLU:
- Judge raises possibility of approving JetBlue-Spirit deal, Reuters says
- JetBlue urges judge to allow Spirit Airlines merger to proceed, Reuters reports
- JetBlue (NASDAQ:JBLU), Spirit Airlines Find Little Settlement Interest from Justice Department
- Spirit Airlines up 20% in Friday afternoon trading
- Unusually active option classes on open November 10th
