JBLU is trading at $6.18 (+2.91%) following a new partnership announcement with United Airlines and a positive market reaction to January jobs data.
- The Blue Sky initiative with United expands sales across both carriers and includes strategic slot access at JFK.
- Broader market sentiment is bullish as nonfarm payrolls reached 130k, significantly exceeding the 70k forecast.
- Shares are tracking gains in the S&P 500 and Nasdaq amid resilient travel demand and improved macroeconomic outlooks.