JetBlue Inc. said Wednesday that it will "extend through the July 4 holiday" its measures to block out middle seats for passengers who aren't traveling together. The company will block out middle seats on Airbus jets and block out aisle seats on its smaller Embraer 190 aircraft until at least July 6. The company requires face coverings for customers during check-in and boarding, as well as throughout the flight. JetBlue will also be boarding beginning with customers in the back of the plane in order to minimize aisle congestion while passengers are seated. The company begins temperature checks for pilots and in-flight crew members during the first week of June. JetBlue shares are up more than 3% in premarket trading Wednesday. The stock has lost 57% over the past three months as the S&P 500 has declined 13%.

Delta and JetBlue have already received a portion of $25 billion in CARES Act money meant to protect airline workers' jobs and pay rates until Sept. 30 as the industry weathers a severe business slump during the coronavirus crisis. Delta is set to receive $5.4 billion and JetBlue $935 million. "You should not take one penny more of bailout funds unless you are prepared to protect your workers' jobs, pay and benefits," 13 senators including Elizabeth Warren and Kamala Harris, all Democrats, wrote to the airlines in two letters.

Signs that air travel is rebounding could lift shares of low-cost carriers focused on the domestic market, notably Southwest Airlines and Spirit Airlines.

JetBlue Airways on Thursday defended itself against accusations from a group of Democratic senators who called out the air carrier out for cutting wages and hours.

Looking into the current session, JetBlue Airways Inc. (NASDAQ: JBLU) shares are trading at $11.03, after a 4.40% increase. Moreover, over the past month, the stock increased by 8.88%, but in the past year, decreased by 36.46%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.The stock is currently higher from its 52 week low by 66.87%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with airlines stocks, and capitalize on the lower share price observed over the year.The P/E ratio measures the current share price to the company's earnings per share. It is used by long-term investors to analyze the company's current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also shows that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future.Most often, an industry will prevail in a particular phase of a business cycle, than other industries.Compared to the aggregate P/E ratio of 8.64 in the airlines industry, JetBlue has a higher P/E ratio of 13.21. Shareholders might be inclined to think that JetBlue might perform better than its industry group. It's also possible that the stock is overvalued.price to earnings ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors may not be able to attain key insights from trailing earnings.See more from Benzinga * 11 Industrials Stocks Moving In Wednesday's Pre-Market Session * 7 Industrials Stocks Moving In Wednesday's Pre-Market Session * 17 Industrials Stocks Moving In Tuesday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

For 28 years at Stanford’s Graduate School of Business and 45 years as an executive and adviser to growing companies, I’ve devoted much of my career to identifying and developing talent. Where do they spend their time at work?

Airlines' improved cash flow and cost-control measures helped them with enough capital to tide over the crisis, and now with improved traffic, things are certainly looking up for airliners.

The U.S. Transportation Department said late Friday it had granted tentative approval to 15 airlines to temporarily halt service to 75 U.S. airports because of the coronavirus pandemic. Airlines must maintain minimum service levels in order to receive government assistance but many have petitioned to stop service to airports with low passenger demand. Both United Airlines and Delta Air Lines won tentative approval to halt flights to 11 airports, while JetBlue Airways Corp, Alaska Airlines and Frontier Airlines were approved to stop flights to five airports each.

U.S. states are starting to reopen and airlines expect an increase in domestic travel over the extended holiday weekend for Memorial Day on Monday. While data shows only a small fraction of recent flights were more than 70% full, there may soon be full or near-full planes, said Airlines for America, a trade group representing major U.S. airlines. Major airlines have mandated face coverings for travelers and are taking a layered approach to safety.

A group of U.S. senators is urging Delta Air Lines Inc and JetBlue Airways Corp to immediately reverse their decisions to reduce employees' hours, saying that the moves are inconsistent with the requirements of taxpayer-funded payroll assistance. Delta and JetBlue have already received a portion of $25 billion in CARES Act money meant to protect airline workers' jobs and pay rates until Sept. 30 as the industry weathers a severe demand drop in business because of the coronavirus crisis. Delta is set to receive $5.4 billion and JetBlue $935 million.

According to a new assessment from risk assessment firm RapidRatings, the U.S. airline most in danger of going bankrupt is American Airlines. Rapid Ratings CEO James Gellert joins Yahoo Finance’s On The Move panel to discuss.

American astrophysicist, Neil deGrasse Tyson, also known as the coolest smartest guy in Manhattan, has a cult following. Neil deGrasse Tyson doesn’t fit the image of one might have of a genius scientist. Not in the way he looks, the way he sounds, the way he walks. And then there’s the coolness factor. The guy’s […]

The number of global cases of the coronavirus that causes COVID-19 rose to 4.9 million on Wednesday and Brazil suffered its worst fatalities since the start of the outbreak, prompting President Donald Trump to say he may bar entry to flights from Brazil.

JetBlue unveiled a coronavirus cleaning and safety campaign that includes blocking the middle seats.

Boeing is laying off over 6,700 of its U.S. workers, with "several thousand” more layoffs planned. Yahoo Finance’s Emily McCormick and Akiko Fujita discuss.

With easing travel restrictions, U.S. airlines are seeing modest increases in passenger numbers.

Yahoo Finance’s Emily McCormick joins Akiko Fujita to discuss the outlook on air travel as states begin to reopen.

The summer travel season is a big revenue generator for U.S. airlines but the coronavirus threatens the carriers and risk assessment firm RapidRatings warns American Airlines is the most at risk of going bankrupt.

There’s a big debate now about whether Warren Buffett has “lost his touch.” While Buffett’s Berkshire Hathaway (BRK)(BRK) booked substantial losses dumping airlines stocks in the late first-quarter weakness in the sector, insiders at close to half a dozen airlines bought lots of their stock — including the airlines Berkshire sold. In a direct challenge to the Oracle of Omaha, insiders racked up the kind of sector-wide buying I look for to support a bullish industry call in my stock newsletter Brush Up on Stocks.

Qingyan 'Yan' Chen joins Yahoo Finance's Alexis Christoforous and Brian Sozzi to discuss how COVID-19 could change future plan designs, how passengers can stay safe, his work with Boeing on a future ventilation system and more.