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JetBlue Airways (JBLU) Expands With New Route to Boise
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With air-travel demand (especially for leisure) picking up, post a sharp rise in the number of people getting inoculated, JetBlue Airways Corporation (JBLU - Free Report) launched a new non-stop service between Boise Airport and New York City. This is in line with the carrier’s objective to broaden its domestic network to meet the increased demand. This new route will operate four times a week now through Labor Day this year and will resume flying again in summer of 2022. Notably, JetBlue operates Boise flights using its Airbus A320 aircraft.
JetBlue’s vice president of network planning, Andrea Lusso, stated, “With new service in Boise we’re once again diversifying the JetBlue route map, advancing our New York focus city strategy and growing our customer base by connecting more people to the places they want to go”. The new route is not only JetBlue’s first service into Idaho, it is also Boise Airport’s longest-range route. Idaho becomes 31st state served by the carrier.
We believe that this new service to Idaho’s capital will help it recover from prolonged COVID-19 led crisis by attracting substantial traffic. Owing to the anticipated traffic swell, passenger revenues — accounting for bulk of the carrier’s top line — is likely to receive a boost.
In response to the demand uptick, another airline company, Alaska Air Group’s (ALK - Free Report) subsidiary — Alaska Airlines — also launched a daily non-stop service between Boise Airport to Chicago O’Hare International Airport and Austin-Bergstrom International Airport.
Long-term (three to five years) expected earnings per share growth rate for Landstar and FedEx is projected at 12% and 12%, respectively.
Time to Invest in Legal Marijuana
If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027.
After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%
You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.
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JetBlue Airways (JBLU) Expands With New Route to Boise
With air-travel demand (especially for leisure) picking up, post a sharp rise in the number of people getting inoculated, JetBlue Airways Corporation (JBLU - Free Report) launched a new non-stop service between Boise Airport and New York City. This is in line with the carrier’s objective to broaden its domestic network to meet the increased demand. This new route will operate four times a week now through Labor Day this year and will resume flying again in summer of 2022. Notably, JetBlue operates Boise flights using its Airbus A320 aircraft.
JetBlue’s vice president of network planning, Andrea Lusso, stated, “With new service in Boise we’re once again diversifying the JetBlue route map, advancing our New York focus city strategy and growing our customer base by connecting more people to the places they want to go”. The new route is not only JetBlue’s first service into Idaho, it is also Boise Airport’s longest-range route. Idaho becomes 31st state served by the carrier.
We believe that this new service to Idaho’s capital will help it recover from prolonged COVID-19 led crisis by attracting substantial traffic. Owing to the anticipated traffic swell, passenger revenues — accounting for bulk of the carrier’s top line — is likely to receive a boost.
In response to the demand uptick, another airline company, Alaska Air Group’s (ALK - Free Report) subsidiary — Alaska Airlines — also launched a daily non-stop service between Boise Airport to Chicago O’Hare International Airport and Austin-Bergstrom International Airport.
Zacks Rank & Stocks to Consider
JetBlue currently carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the broader Zacks Transportation sector are Landstar System, Inc. (LSTR - Free Report) and FedEx Corporation (FDX - Free Report) . Both the stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1(Strong Buy) Rank stocks here.
Long-term (three to five years) expected earnings per share growth rate for Landstar and FedEx is projected at 12% and 12%, respectively.
Time to Invest in Legal Marijuana
If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027.
After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%
You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.
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