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Actionable news in JBLU: JetBlue Airways Corporation,

3 Reasons JetBlue Is A Strong Buy

Summary

Growth of JetBlue's Mint product will see it available on 12.8% of aircraft by the end of 2017 up from 7.5% at the end of 2016.

Aircraft with Mint deployed are growing revenues an average of 20% on the routes they are deployed on.

The A321LR offers tremendous international growth opportunities for JetBlue, and also for JetBlue's high margin Mint product.

JetBlue continues to grow revenues at a rate of ~10% annually while seeing a corresponding increase in earnings.

Today, JetBlue (NASDAQ:JBLU) hit a 2 month low, which I believe marks a perfect entry point for those on the sidelines considering investing in JetBlue. There are an array of airline stocks out there, but only a handful that I would pick as excellent long term investments. JetBlue would be one of the airlines that I believe is an excellent long term investment.

#1 Mint

Img 2: JetBlue Mint Product

Since its launch in 2014, Mint has proven to be a big hit with passengers onboard JetBlue. It has helped JetBlue capture business and high value corporate customers who otherwise may not have flown JetBlue. CEO Robin Hayes stated "Mint has surpassed our expectations on every customer and financial measure."

As the major airlines American, Delta, and United strive to fill more of their business and first class cabins with paying passengers rather than customers using free upgrades, an affordable business class alternative like mint will become more compelling. Mint has generated a 20% revenue per available seat mile increase on the flights it has been placed on while only increasing costs by around 6%.

With only 5% of transcontinental flights over 1,800 miles consistently offering lie flat seats, JetBlue believes they have only scratched the surface with Mint. JetBlue is scheduled to expand Mint over the next couple years with new service to Fort Lauderdale, Las Vegas, Seattle, and San Diego while increasing existing service at New...


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