The firm noted that JetBlue should see some benefit from ongoing domestic capacity discipline, however, those benefits are tempered by international capacity trends.
"We expect some benefits in 2015 from 'Fare Families' as a method to monetize ancillary, but think meaningful margin improvement takes until 2017 as 'Fare Families' ramps and JetBlue adds seats to airbus 320s," Barclays analysts said.
The firm sees full-year earnings estimates of $1.70 per share in 2015 and $1.95 per share in 2016.
JetBlue is a passenger carrier company that provides air transportation services across the U.S., Caribbean and Latin America.
Separately, TheStreet Ratings team rates JETBLUE AIRWAYS CORP as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:
"We rate JETBLUE AIRWAYS CORP (JBLU) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."
Highlights from the analysis by TheStreet Ratings Team goes as follows: