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Gary Kaminsky Thinks That JetBlue Airways Corporation (JBLU) Could Be A Winner

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Gary Kaminsky said on CNBC's Fast Money that airlines industry has changed the way it operate, and companies in the space are being run like profitable businesses should be run. He added that it is unclear if they are going to continue to operate in this way and not add insufficient unprofitable additional capacity.

Right now the industry is capable of dealing with rising energy prices and for the first time in the last ten years it is earning a decent return on invested capital.

Gary Kaminsky believes that JetBlue Airways Corporation (NASDAQ: JBLU) will have great results in 2011 if it continues to operate in the way it currently operates. He thinks that it is important for JBLU to avoid price wars.

JetBlue (JBLU) fell 1.26% today, and closed at $7.05.

 

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Posted-In: CNBC Gary Kaminsky Fast MoneyLong Ideas Media Trading Ideas