JetBlue (JBLU) To Start New York-Guadeloupe Service In 2020

JetBlue Airways Corporation (NASDAQ:JBLU) has plans to expand further across the Caribbean with a nonstop winter service between New York’s John F. Kennedy International Airport (JFK) and Guadeloupe’s Pointe-à-Pitre International Airport (PTP). Besides Caribbean expansion, the new service will help JetBlue boost its New York focus city strategy.

The thrice weekly flight will begin operation in February 2020. In the meantime, passengers can start booking seats from the next few weeks onward.

An Airbus A320 aircraft featuring extra legroom in coach, a superfast broadband internet connection, complimentary food and drinks plus several other modern amenities, will ply on the route.

Costa Rica-New York Service

JetBlue will also initiate a new nonstop service between New York-JFK and San José, Costa Rica’s Juan Santamaría International Airport (SJO) effective Nov 1, 2019. The flight will operate every Friday, Sunday and Tuesday.

The new route will build on JetBlue’s existing San José services from its focus cities of Fort Lauderdale and Orlando. The carrier also serves Liberia in Costa Rica from its hub at New York-JFK. Notably, the airline began Costa Rica service in 2009 with San José flight.

Houston Operations to Relocate

The carrier will be shifting its Houston operations to George Bush Intercontinental Airport from William P. Hobby Airport come Oct 27, 2019 onward. Until that day, the airline will continue normal operations at Hobby Airport. Accordingly, passengers already booked on flights to and from Hobby Airport with a journey scheduled post Oct 26 will be rebooked to Bush Intercontinental flights.

Zacks Rank & Key Picks

JetBlue carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the same space are Air China Ltd. (OTC:AIRYY) , SkyWest, Inc. (NASDAQ:SKYW) and Hawaiian Holdings, Inc. (NASDAQ:HA) . While Air China sports a Zacks Rank #1 (Strong Buy), SkyWest and Hawaiian Holdings carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Shares of Air China and SkyWest have rallied more than 16% and 36%, respectively, so far this year. Meanwhile, Hawaiian Holdings boasts an impressive earnings history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average being 7.1%.

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>