Jetblue Airways Exec Says Our New York Margins Are Still Lagging 2019 Levels By High Single Digits; As We Head Into Q3, We Continue To See Strong Demand During Peak Periods
Portfolio Pulse from Happy Mohamed
JetBlue Airways has reported that its New York margins are still lagging 2019 levels by high single digits. However, the company expects strong demand during peak periods as it heads into Q3.
August 04, 2023 | 9:11 am
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JetBlue's New York margins are still not at 2019 levels, but the company expects strong demand in Q3. This could potentially impact the company's stock positively if the demand materializes.
The company's margins are still not at pre-pandemic levels, which could be a concern for investors. However, the expected strong demand in Q3 could potentially offset this and lead to a positive impact on the stock. The score is neutral as the positive and negative factors could balance each other out.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100