NEW YORK (TheStreet) --JetBlue Airways (JBLU) - Get Report launched the first commercial flight from the U.S. to Cuba since 1961, Fox Business News' Stuart Varney reported on this morning's "Varney & Co."
The flight left Fort Lauderdale-Hollywood International Airport in Florida on Wednesday at 9:45 AM EDT and is scheduled to arrive in the Cuban city of Santa Clara, about 175 miles east of Havana, at 1:51 PM GMT.
"We wanted to be first to Cuba and our crew members wanted to be first in Cuba. This is going to make travel not only easier, but much more affordable and that's going to encourage many more people to travel," JetBlue CEO Robin Hayes said in a statement.
The flight carried 150 passengers, including the U.S. Department of Transportation Secretary Anthony Foxx.
Athena Private Wealth financial advisor Daniel Stecich told Varney that he expects Cuba will become an increasingly attractive travel destination for vacationers.
Shares of JetBlue Airways were higher during early-morning trading on Wednesday.
Separately, TheStreet Ratings team rates the stock as a "buy" with a ratings score of B.
JetBlue's strengths such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins outweigh the fact that the company has had lackluster performance in the stock itself.
You can view the full analysis from the report here: JBLU
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.