We always are looking for the best ways to profit from a new trend. In this case, the big news is that oil has plunged 25% since mid-June, observes Mark Skousen, editor of Private Equity Trader.

That’s good news for consumers and businesses…especially those companies that sell products that run on gasoline and fuel oil.

The airline stocks are taking full advantage and are enjoying a new bull market. There’s plenty to choose from, but private equity players in New York see unique opportunities in their own New York-based airline, JetBlue Airways (JBLU).

JetBlue is the fastest-growing airline, which carries more than 30 million customers a year to 86 cities in the United States, the Caribbean, and Latin America with an average of 800 daily flights.

With JetBlue, all seats are assigned, all fares are one-way, an overnight stay is never required, and the first checked bag is included in the standard fare.

JetBlue pioneered the live TV service for every passenger that is now imitated by other airlines. But they are doing more.

This summer, JetBlue launched its premium service, Mint, between New York’s JFK and Los Angeles, featuring the widest seat and longest fully flat bed in the US domestic market, as well as the availability of four private suites.

JetBlue also features a 15-inch flat screen with 100+ channels of DirectTV programming and more than 100 channels of SiriusXM satellite radio. And the price is only $599 one way.

The feedback has been so successful that JetBlue just added JFK to San Francisco five times a day by the first quarter of 2015.

JetBlue’s top and bottom lines are growing commensurately. Earnings rose by double-digit percentages in the year ending September 30 to $360 million, and revenues rose to $5.7 billion.

Profit margins are rising and return on equity (ROE) is more than 16%. The stock is relatively cheap, selling for 11 times earnings, with a price/earnings-to-growth (PEG) ratio of 0.64 (anything less than 1 is considered excellent).

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