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Airline stock plays: Why Delta still flying above Jetblue
· 31.05.2024 · 23:18:50 ··· Freitag ⭐ 30 🎬 653
📺 Yahoo Finance
Citi airlines analyst Steve Trent joins Market Domination for a special edition of Good Buy or Goodbye to take a look at his previous call and evaluate how it holds up.
Previously, Trent picked Delta (DAL) as his "good buy" and advised investors to say "goodbye" to JetBlue (JBLU). Trent maintains this position, citing Delta's economic activity per available seat mile and brand strength. He reiterates his warning about JetBlue, pointing to weak revenue verticals, a weak base case for M&A activity, and the lack of a good path back to sustainable margins.
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· 31.05.2024 · 23:18:50 ··· Freitag
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