JetBlue and the Runway Debacle; Upgraded at Goldman

From Ticker Sense

Many of you have probably read about the disastrous time passengers had on many JetBlue flights coming in and out of the Northeast in the past couple of days.  After twiddling his thumbs on the runway for hours on end waiting to take off, one young lad interviewed by CNBC this morning called the scene "chaos." 

We have no comprehension of what must be going through the mind, if anything, of the person or persons in charge of making the decision to keep passengers on the tarmac for up to 10 hours, but it is ten times worse if you have already landed at your destination and then have to wait 8 hours to deplane.

That is just what happened to flight 1048 from Nashville yesterday:

On Flight 1048 from Nashville, passenger Yossi Gleiberman, 41, of Brooklyn, reported landing on time at 10:10 a.m.

"Now it’s after 6 p.m. and we’re still here," Gleiberman told the Daily News via cell phone from the plane. "They’re feeding us, but there’s 50 of us who want to get home."

Gleiberman said the bathrooms were overflowing and he could no longer stomach the blue chips given him and other passengers.

"I’ve eaten six bags of chips," he said. "I need an antacid."

Yes, Mr. Gleiberman, we would need our antacid too.

Nonetheless, Goldman Sachs upgraded JetBlue (JBLU) this morning from Neutral to Buy.  Below are their historical calls on the stock.

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