JBLU

In March 2026, JBLU shares jumped due to reports of JetBlue exploring a potential sale or merger with a larger airline. Seaport Research upgraded JBLU to a 'Buy' rating in April 2026, partly anticipating Spirit Airlines' exit as a competitor. Around the same time, JetBlue and other major airlines raised Q1 revenue guidance, indicating strong travel demand. However, a sharp increase in oil and jet fuel prices, attributed to the U.S.-Israeli conflict with Iran, pressured airline margins, leading JetBlue to raise checked-bag fees and causing a decline in JBLU's stock price. Investment banks like Goldman Sachs and Citi subsequently cut their price targets, with Goldman Sachs issuing a 'Sell' rating. In June 2026, JetBlue raised its Revenue per Available Seat Mile (RASM) outlook due to solid spring demand, despite continued increases in fuel cost estimates. In July 2026, JetBlue transitioned its New York-Amsterdam flights to seasonal operations as part of its 'JetForward' strategy to optimize aircraft deployment. Most recently, in October 2026, JetBlue received FAA approval to acquire 22 takeoff and landing slots at New York City's LaGuardia Airport from Spirit Airlines, strengthening its presence in the New York market.