JetBlue Airways Corp
Stocks making the biggest moves premarket: Novartis, First Republic, 3M and more
In this article NVS NOV.N-CH PKG MMM FRC JBLU GM PEP MCD UPS Follow your favorite stocksCREATE FREE ACCOUNT Traders wearing masks arrive before the opening bell at the New York Stock Exchange (NYSE) in Wall Street in New York City. Johannes Eisele | AFP | Getty Images Check out the companies making headlines before […]
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JetBlue posts quarterly loss but forecasts profit thanks to strong travel demand
A JetBlue plane at LaGuardia Airport. Leslie Josephs/CNBC JetBlue Airways posted a loss for the first three months of the year but joined other carriers in forecasting a profit for the second quarter thanks to strong travel demand. JetBlue estimated per-share earnings of 35 cents to 45 cents for the current quarter, which coincides with […]
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Airlines’ solution for congested airports and soaring expenditures: Greater planes
A United Airways aircraft taxis at Newark International Airport, in Newark, New Jersey, on January 11 2023. Kena Betancur | AFP | Getty Illustrations or photos NEWARK, New Jersey — Faced with congested airports, growing prices, a pilot shortage and a resurgence in journey demand, airlines are progressively turning to the same treatment: even larger […]
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JetBlue is preparing to trim New York flights in reaction to FAA staffing shortage, CEO suggests
A JetBlue Airways Corp. aircraft prepares for landing at LaGuardia Airport in New York, U.S., on Tuesday, April 18, 2017. Bloomberg | Bloomberg | Getty Illustrations or photos JetBlue Airways is preparing to minimize scores of weekly flights in the New York City place this spring and summer time in reaction to a shortage of […]
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Airline stocks slide regardless of CEOs’ upbeat demand from customers outlook
A JetBlue airplane at Ronald Reagan Washington Countrywide Airport in Arlington, Virginia, on March 9, 2023. Stefani Reynolds | AFP | Getty Images Airline stocks slid Wednesday as the sector fell broadly amid fears above security of some banking companies and new info that confirmed a slowdown in customer spending. The NYSE Arca Airline index, […]
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United shares tumble after airline forecasts first-quarter loss
A grounds crew member directs an United Airlines airplane to a gate at Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023. Aristide Economopoulos | Bloomberg | Getty Images United Airlines shares fell about 6% in afterhours trading on Monday after the carrier forecast a first-quarter […]
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Justice Department sues to block JetBlue’s acquisition of Spirit Airlines
A JetBlue Airways Airbus A320, left, passes a Spirit Airlines Airbus A320 as it taxis on the runway, Thursday, July 7, 2022, at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla. Wilfredo Lee | AP The Justice Department on Tuesday sued to block JetBlue Airways‘ $3.8 billion proposed takeover of budget carrier Spirit Airlines, […]
Read MoreDelta pilots wrap voting on new contract with big raises
A pilot walks past the windows at the newly renovated Delta terminal D at LaGuardia Airport in New York March 6, 2021. Timothy A. Clary | AFP | Getty Images Delta Air Lines pilots on Wednesday will wrap up voting on a new contract that includes 34% raises over four years and other improvements as […]
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Spring break gets pricey as travelers return to old booking habits
Spring break travel demand is picking up, driving up airfare and hotel rates. Travel app Hopper said in a report last week that domestic airfare is averaging $264 a round trip for March and April, up 20% from a year ago and 5% above pre-pandemic levels. Airlines, grappling with pilot shortages and aircraft delivery delays, […]
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Can Southwest Airlines fix its tech problems? We asked aviation experts. The answer wasn’t encouraging
Genaro Molina | Los Angeles Times | Getty Images Will the majority of travelers forgive Southwest Airlines and start buying tickets on the major U.S. air carrier again? To answer the question, it helps to have a deep knowledge in commercial aviation information technology operations, which safe to say, is not something most travelers possess […]
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