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JetBlue Airways Corporation (JBLU) - $25 value - yours FREE >>
Copa Holdings, S.A. (CPA) - $25 value - yours FREE >>
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JetBlue (JBLU) Begins New York JFK-London Gatwick Flights
JetBlue Airways Corporation (JBLU - Free Report) has launched non-stop service between New York’s John F. Kennedy International Airport (JFK) and London Gatwick Airport (LGW), expanding its presence in the transatlantic market. With the United States set to ease travel restrictions for visitors from the United Kingdom, European Union and other countries in November, the new route is expected to attract substantial traffic on the back of pent-up demand.
JetBlue’s president and chief operating officer, Joanna Geraghty, said, “With a 500% increase in JetBlue’s U.K. bookings following news of easing U.S. entry requirements for international travelers, it’s clear there is significant pent up demand for travel between our two countries and that our Gatwick launch is well timed to meet the growing number of customers returning to the skies.”
JetBlue will operate the JFK-LGW flights four times a week in October. From November onward, the flight frequency will be extended to a daily service. The airline is operating the new route on Airbus A321 Long Range aircraft with 24 redesigned Mint suites and 114 core seats.
JetBlue Airways Corporation Price
JetBlue Airways Corporation price | JetBlue Airways Corporation Quote
The JFK-LGW flights build on JetBlue’s existing service between New York JFK and London Heathrow Airport, which began in August, marking the carrier’s entry into the transatlantic market.
Zacks Rank & Key Picks
JetBlue carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the broader Transportation sector are Copa Holdings (CPA - Free Report) , ArcBest Corporation (ARCB - Free Report) and Herc Holdings (HRI - Free Report) . While ArcBest and Herc Holdings sport a Zacks Rank #1 (Strong Buy), Copa Holdings carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Copa Holdings, ArcBest and Herc Holdings have rallied more than 59%, 100% and 300% in a year’s time, respectively.