StockEgg Featured Company: JetBlue Airways Corp. (JBLU) Working with What They’ve Got
JetBlue Airways Corporation, a low cost airline, has been serving the air traveling public with enhanced customer service and better than average on-time rankings for the past several years. The market as a whole, however, has been struggling with fuel costs and the realities that they bring. Current oil prices have been hovering near $100 per barrel and are likely to go significantly higher in the longer term. Currently, JetBlue is pegging their 2008 jet fuel costs at $2.55 per/gal., a 21.8% increase from 2007. The company has recently announced it does not believe that the business model, currently in…