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Stock impact report

JetBlue Will Thrive After This Is All Over [Seeking Alpha]

JetBlue Airways Corporation (JBLU) 
Last jetblue airways corporation earnings: 1/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.jetblue.com/investor-relations
Company Research Source: Seeking Alpha
SummaryUnder the CARES Act, JetBlue will receive slightly less than $1 billion of the government aid in the form of grants and a low interest rate loan.At the moment, JetBlue has one of the strongest balance sheets in the industry, and it has enough resources to weather the current storm.I’m long JetBlue.Under the CARES Act, JetBlue (NASDAQ:JBLUsignalseasedI strongly believe that with help of the government, JetBlue will be able to weather the storm quite well and thrive after this is all over since it has one of the strongest balance sheets among its peers. As airlines trade at their 5-year lows, now is the time to double down on them, because they will not be as cheap as they are today 12 to 18 months from now when the introduction of avaccineWeathering the StormIn the last two months, my portfolio has depreciated, as the stock market experienced a massive selloff, and two of my major airline holdingsAlaska AirALKRyanairRYAAYThe downside of the CARES Act is the inability of airlines Show less Read more
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