The airline industry has historically been dominated by mature carriers with little prospects of growth. But in today's competitive market, smaller airlines are giving the established guard a run for their money.
JetBlue Airways (NASDAQ:JBLU) has been one of the more impressive growth stories in this industry, and investors in this stock have done quite well. Since the end of 2012, the shares have risen from $5.72 to their current price near $23.50 - good for more than a 310% return.
Looking forward, JBLU is likely to continue to outperform the industry, thanks to a focus on three primary growth metrics. As the company continues to execute on its strategy, the shares should gain altitude. Investors can expect to see the value of their position increase, and as we'll discover, income investors can also benefit from this growth opportunity.