JetBlue to bring 'junior Mint' first class to domestic flights in 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 11 2024
0mins
Source: CNBC
JetBlue's New First-Class Initiative: JetBlue Airways plans to introduce domestic first-class seats on its Airbus aircraft without the Mint class by 2026, aiming to attract higher-paying customers and enhance profitability.
Industry Trends and Competitor Moves: The airline industry is increasingly focusing on premium seating options as leisure travelers are willing to pay more for added comfort; other airlines like Alaska Airlines are also evaluating their premium offerings following recent mergers.
Analyst Views on ALK
Wall Street analysts forecast ALK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALK is 70.22 USD with a low forecast of 58.00 USD and a high forecast of 94.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
9 Buy
0 Hold
0 Sell
Strong Buy
Current: 49.660
Low
58.00
Averages
70.22
High
94.00
Current: 49.660
Low
58.00
Averages
70.22
High
94.00
About ALK
Alaska Air Group, Inc. is engaged in operating airlines. The Company operates through its subsidiaries Alaska Airlines, Inc., Hawaiian Holdings, Inc., Horizon Air Industries, Inc., and McGee Air Services. The Company's segments include Alaska Airlines, Hawaiian Airlines, and Regional. The Alaska Airlines segment includes scheduled air transportation on Alaska's Boeing jet aircraft for passengers and cargo. The Hawaiian Airlines segment includes scheduled air transportation on Hawaiian's Boeing and Airbus jet aircraft for passengers and cargo. The Regional segment includes Horizon's and other third-party carriers’ scheduled air transportation on E175 jet aircraft for passengers under capacity purchase agreements (CPAs). The Company serves more than 140 destinations throughout North America, Central America, Asia and across the Pacific. The Company provides freight and mail services (cargo) using both freighter aircraft and the bellies of its passenger aircraft.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
