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JetBlue Gets Ahead of Itself, Delta Undervalued

Since September last year, jet fuel prices have gone down significantly, nearly cut in half. Moody’s analysts believe airlines around the world will save $70 billion in fuel costs by the end of this year, compared to 2014. The question is, where does that money go? Back to consumers in ticket cost savings, or back to the companies?

Some airlines have not benefited much overall. American Airlines Group Inc. (NASDAQ: AAL) has cut its cost of revenue by 23% and at the current pace looks to beat last year’s earnings by over 70%. Southwest Airlines Co. (NYSE: LUV) revenue costs look to be down 18% by the end of the year, aided by a reduction in fuel costs of around $1.7 billion, extrapolating out to December, which has padded its bottom line by...