JetBlue’s (JBLU) stock has already dropped 20% from mid-January, but it may drop a lot further. The airline has billed itself as the customer friendly airline, but after leaving boatloads of customers on runways for hours in New York and canceling hundred of flight, the airline now is no better of that Northwest or Delta. Just another airline.
The airline is doing well financially. In the fourth quarter, up 41% to $633 million. Operating margin was over 10%.
The company’s promise is "To Bring Humanity Back To Air Travel". Leaving people on runways for hours does not really qualify.
JetBlue may find out something that countless other companies have discovered. Gaining a reputation can take years. Losing it can take a day.
Douglas A. McIntyre
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
