JetBlue Airways Marks Fleet-Upgrade Milestone With E190 Exit

JetBlue Airways JBLU has achieved a significant milestone with the retirement of its Embraer E190 fleet, completing its transition to a modern, all-Airbus fleet and enhancing operational efficiency. The E190 played a key role in driving the airline’s early growth, connecting smaller markets and strengthening its network in core focus cities. The commemorative final flight celebrated nearly two decades of service, recognizing the aircraft’s contribution to network expansion and customer experience.JBLU strengthens its cost efficiency and unit economics by transitioning to an all-Airbus fleet anchored by the Airbus A220-300. The A220 delivers superior fuel efficiency, lower operating costs and higher seating capacity, allowing JetBlue to optimize its network and reduce per-seat costs. Receiving the 50th A220 highlights the airline’s commitment to fleet renewal as a key driver of its long-term financial strategy and sustainability goals.Customers benefit from a significant upgrade in onboard comfort and technology with the A220. The aircraft offers wider seats, redesigned cabins, more storage, in-seat power and high-speed connectivity, reinforcing JetBlue’s reputation for a differentiated travel experience. The A220’s extended range opens opportunities for new transcontinental and medium-haul markets, expanding the low-cost airline’s network and strengthening its competitive position.Share Price PerformanceOwing to such tailwinds, share prices of JBLU have risen 19.4% in the quarter-to-date period, outperforming 16.2% growth of its Zacks Transportation - Airline industry  Image Source: Zacks Investment ResearchJetBlue’s Zacks RankJBLU currently carries a Zacks Rank #3 (Hold).Stocks to ConsiderInvestors interested in the industry may consider LATAM Airlines Group LTM and SkyWest SKYW.LTM currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.LTM has an expected earnings growth rate of 45% for the current year. The company has a mixed earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters, missed once and met in the remaining one, delivering an average beat of 4.04%.SKYW currently sports a Zacks Rank #1.SkyWest has an expected earnings growth rate of 28.06% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 21.92%.One Big Gain, Every Trading DayTo help you take full advantage of this market, you’re invited to access every stock recommendation in all our private portfolios - for just $1.Zacks private portfolio services that closed 256 double and triple-digit winners in 2024 alone. That’s about one big gain every day the market was open. Of course, not all our picks are winners, but members have seen recent gains as high as +627% +1,340%, and +1,708%.Imagine how much you could profit with a steady stream of real-time picks from all our services that cover a number of strategies to suit a variety of investing and trading styles.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JetBlue Airways Corporation (JBLU): Free Stock Analysis Report SkyWest, Inc. (SKYW): Free Stock Analysis Report LATAM Airlines Group S.A. (LTM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks