No doubt this is a tough time to run an airline. The industry has been clobbered recently by sagging travel demand. But are the winds changing?
On Thursday JetBlue posted quarterly results that beat expectations and investors bid shares higher as a result.
Specifically, the airline reported fourth-quarter net income of $11 million, or 4 cents per diluted share, compared with a net loss of $58 million, or 25 cents per share, a year earlier.
Analysts expected a profit of 3 cents per share, according to Thomson Reuters.
Are blue skies ahead for JetBlue? "We just closed out a very strong year," CEO Dave Barger tells Fast Money. "I think we're really well positioned for entering out second decade."
What else must you know about this company before you establish a position? Check out our entire interview with Barger. Watch the video below!