Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

Prudential Cuts JetBlue Airways to Underweight

Prudential downgraded JetBlue Airways (JBLU) to underweight from neutral, explaining that 17 of the last 20 markets the airline has added have not been profitable even at lower fuel prices.

Analyst Bob McAdoo says the current losses are a function of poor route selection and higher fuel prices. The analyst notes that the only consistent winners are short haul, Florida markets from John F Kennedy (JFK) airport, while Boston, Dulles, and JFK long haul markets have generally been unprofitable. He believes JetBlue needs to seek available gates elsewhere at JFK, reduce weak long haul flying, and slow aircraft deliveries if the stock is to be more than a short-term news-driven trade.

blog comments powered by Disqus