JetBlue, Qatar Airways in One-Way Pact - Analyst Blog

By
A A A

JetBlue Airways ( JBLU ) has struck a one-way codeshare agreement with Qatar Airways. Via this pact, the two companies will connect their networks at New York's JFK International Airport and Washington Dulles International Airport.

The deal, pending government approval, will allow flyers to board both Qatar and JetBlue flights with a single combined ticket. Customers will also enjoy the benefits of one-stop check-in and baggage transfer.

Very soon, customers can purchase Qatar flight tickets at JetBlue-operated spots in 26 markets between New York and Washington Dulles. International destinations that JetBlue customers can reach with the help of Qatar Airways' connecting service are places in the Middle East, Africa, and Asia Pacific regions. Specifically, apart from Bangkok, Singapore, Kuala Lumpur, Dubai, Kuwait, Riyadh, Islamabad, Nairobi and Dar es Salaam, the deal includes 12 cities in India.

On the other hand, JetBlue acts as a prominent domestic carrier at JFK and has 150 departures each day to numerous major metropolises - Boston, Chicago, Fort Lauderdale, Los Angeles, Orlando, San Francisco and San Juan. From Washington Dulles, the airline operates flights to Boston, New York, Long Beach and Oakland

Following the receipt of regulatory nod, tickets for a combined JetBlue-Qatar Airways travel plan will be made available at various travel, reservation and company websites.

The top-level JetBlue executive expressed optimistic views regarding this collaboration with Qatar Airways, which has earned a name for superlative in-flight products and strong operational excellence. The airlines are interline partners since 2011 and remain committed to customer satisfaction.

We believe that such alliances attract travelers as these offer efficient services, wider networks as well as shorter and convenient travel times.

JetBlue Airways currently carries a Zacks Rank #3 (Hold).

Other Stocks

Other airline stocks worth considering include Zacks Ranked #1 Ryanair Holdings Plc ( RYAAY ) that has a Strong Buy rating as well as Delta Air Lines Inc. ( DAL ) and Spirit Airlines Inc. ( SAVE ). Both Delta and Spirit currently hold a Zacks Rank #2 (Buy).



DELTA AIR LINES (DAL): Free Stock Analysis Report

JETBLUE AIRWAYS (JBLU): Free Stock Analysis Report

RYANAIR HLDGS (RYAAY): Free Stock Analysis Report

SPIRIT AIRLINES (SAVE): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Stocks

Referenced Stocks: DAL , JBLU , RYAAY , SAVE

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Don't Pay Up to Play REITs
Don't Pay Up to Play REITs          

Stocks

Referenced

Most Active by Volume

42,069,160
  • $95.875 ▼ 11.60%
29,719,834
  • $7.15 ▲ 5.61%
29,151,934
  • $16.28 ▲ 14.57%
23,612,976
  • $17.70 ▲ 0.45%
22,503,027
  • $7.3449 ▲ 3.30%
21,944,509
  • $104.514 ▲ 0.19%
20,767,039
  • $81.6399 ▲ 2.20%
20,451,841
  • $112.74 ▲ 0.86%
As of 12/22/2014, 01:11 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com