Reported 4 months ago
Citi airlines analyst Steve Trent explains why Delta remains a strong investment choice compared to JetBlue. He initially recommended Delta as a "good buy" and advised against JetBlue in the past, a stance he maintains due to Delta's wallet share gains, economic activity per available seat mile, and strong brand. Meanwhile, he highlights JetBlue's struggles with revenue verticals, lack of M&A prospects, and challenges in returning to sustainable margins. Trent discusses potential factors affecting both airlines and emphasizes Delta's advantageous position.
Source: YAHOO