JetBlue Airways

JetBlue Airways Corp. provides air transportation services. It carries more than 30 million customers a year to 86 cities in the U.S., Caribbean, and Latin America with an average of 850 daily flights. The firm offers flights and tickets to more than 82 destinations, with accommodations such as free TV, free snacks, and the most legroom. The company was founded by David Gary Neeleman in August 1998 and is headquartered in Long Island City, NY.

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JetBlue reports record revenue in 2022, eyes growth opportunities

JetBlue's 2022 performance showcased revenue growth and operational improvements.
While facing challenges from external factors, JetBlue is focused on cost management and revenue initiatives.
Strategic strengths lie in the Northeast Alliance, growth opportunities, and normalized earnings target.

JetBlue surpasses Q1 earnings expectations amidst operational challenges

JetBlue Airways exceeded Q1 earnings expectations, showing resilience amid challenges like ATC issues. The company's strategic initiatives, revenue growth, and confidence in outlook signal a positive trajectory. With a focus on cost reduction, revenue improvement, and operational adjustments, JetBlue aims to navigate current challenges and capitalize on growth opportunities.

JetBlue reports Q2 earnings, faces challenges, eyes growth opportunities

JetBlue's Q2 performance reflects resilience amid challenges and strategic investments.
Maintaining liquidity and focusing on shareholder value are key strengths.
Challenges include operational disruptions and competitive dynamics in key markets.
Opportunities lie in organic growth, network optimization, and fleet flexibility.

JetBlue reports Q3 loss, focuses on capacity realignment strategy

JetBlue faces challenges from disruptions and cost pressures but is strategically realigning capacity.
The company is leveraging strengths in the premium sector and New York market competitiveness.
Opportunities lie in reallocating capacity thoughtfully and enhancing operational resilience.
Despite headwinds, JetBlue is focused on strategic growth and cost mitigation efforts.

JetBlue reports strong Q4 results, eyes sustained profitability in 2024

JetBlue Airways showcased strong performance in Q4 2023, focusing on profitability, cost reduction, and operational efficiency amidst challenges and uncertainties.
With a strategic evolution plan, positive revenue trends, and a commitment to sustainable growth, JetBlue aims to drive its core business to sustained profitability in 2024.
The company's resilience, focus on cost optimization, and strategic initiatives position JetBlue well to navigate challenges and capitalize on opportunities for long-term success.

JetBlue surpasses Q1 expectations amidst Latin region challenges

JetBlue Airways' Q1 2024 performance exceeded expectations, but challenges in the Latin region impacted revenue acceleration, leading to revised guidance. The airline is focusing on maintaining a low cost base, strengthening liquidity, and overcoming headwinds through core strengths and loyalty growth. JetBlue aims to drive profitability by implementing revenue initiatives and cost-saving measures.

JetBlue surpasses Q2 expectations, focuses on cost savings and reliability

JetBlue's Q2 performance exceeded expectations with strong RASM growth. Strategic focus on cost savings, reliability, and network optimization. Challenges with engine issues and aircraft retirements being addressed.

JetBlue reports strong Q3 performance and strategic debt raise

JetBlue's Q3 2024 earnings call highlighted strong operational and revenue performance, supported by strategic initiatives and financial planning.
The company's focus on improving margins, delivering value, and executing the JetForward plan positions it for future growth and profitability.
While facing challenges and uncertainties, JetBlue has opportunities to leverage its strengths and drive market differentiation and revenue enhancement.

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JetBlue Airways Corp. engages in the provision of air transportation services. Its brands include jetBlue, jetBlue Vacations, Paisly, and TrueBlue. It operates through the following geographic segments: Domestic and Canada, Caribbean and Latin America, and Atlantic. The company was founded by David Gary Neeleman in August 1998 and is headquartered in Long Island City, NY.

Spirit Airlines

Shares of Spirit Airlines plunged nearly 50% Tuesday after a federal judge blocked JetBlue Airways' (NASDAQ:JBLU) plan to purchase the budget airline for $3.8 billion.  The ruling is a win for the US Justice Department, which sued to block the merger on the grounds that it would increase fares by reducing competition in the discount airline market.

JetBlue's bid to buy Spirit Airlines blocked by federal judge

A US federal judge on Tuesday ruled against JetBlue's $3.8 billion takeover of low-cost carrier Spirit Airlines, saying that the deal would reduce competition.

US judge blocks JetBlue-Spirit airline merger

The U.S. government's suit to block JetBlue's acquisition of Spirit was successful, casting the future of both companies into doubt. JetBlue comes out better of the two sides, given the deal was expensive and the economic climate has softened since the deal was announced.

Why JetBlue Stock Is Soaring and Spirit Airlines Is Plummeting Today

Spirit Airlines (SAVE) shares dumped more than 50% on Tuesday after a judge blocked its proposed merger with rival JetBlue (JBLU).

Spirit Airlines Stock Price Dives 50% After Judge Blocks JetBlue Merger

A federal district court on Tuesday blocked JetBlue Airways' proposed $3.8 billion acquisition of budget carrier Spirit Airlines after the judge found the merger would hurt competition.

Judge blocks $3.8B JetBlue-Spirit merger

Ruling marks victory for Biden government and its effort to preserve lower cost airline tickets for American consumers

US judge blocks JetBlue from $3.8bn Spirit Airlines acquisition

The judge agreed with the Justice Department that the deal would eliminate a competitor important to price-conscious travelers.

Judge Blocks JetBlue's $3.8 Billion Acquisition of Spirit

SAVE stock tanked Tuesday after a federal judge blocked JetBlue's $3.8 billion acquisition of Spirit Airlines.

Spirit Airlines Stock Crashes 50% After Judge Blocks Merger With JetBlue

Spirit Airlines' stock plunged as much as 60% on Tuesday following news that a federal judge blocked its $3.8 billion acquisition at the hands of JetBlue Airways, scoring a win for the Justice Department, which sued JetBlue last year to stop the acquisition on antitrust grounds.

Spirit Airlines Stock Plummets Over 50% After JetBlue Deal Blocked

A federal judge on Tuesday blocked JetBlue Airways Corp.'s proposed $3.8 billion acquisition of Spirit Airlines Inc., agreeing with the Justice Department's assertion that the deal would eliminate a competitor important to price-conscious travelers.

Federal judge blocks JetBlue-Spirit $3.8 billion deal, sending Spirit shares plummeting 55%

The ruling marked a victory for the Biden administration in its efforts to preserve competition among the lowest cost airlines.

JetBlue's $3.8B deal to buy Spirit Airlines blocked over anticompetitive fears

A federal judge said the $3.8 billion deal would reduce competition in the airline industry.

Judge Blocks JetBlue From Buying Spirit Airlines

A federal judge blocks the merger of JetBlue and Spirit Airlines.

JetBlue's Merger With Spirit Blocked. It Would Harm Price-Sensitive Consumers, Judge Says.

A federal judge on Tuesday blocked JetBlue Airways' planned $3.8 billion acquisition of ultra-low-cost carrier Spirit Airlines after agreeing with the U.S. Department of Justice that the deal was anticompetitive and would harm consumers.

US judge blocks JetBlue from acquiring Spirit Airlines

American Airlines

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Delta Air Lines

Southwest Airlines

United Continental Hlds

Airline stocks were struggling to get off the ground Tuesday, as the sector's laundry list of risks—including the grounding of Boeing 737 MAX 9 planes—plays out.

Airline Stocks Are Struggling. It Isn't Just the Weather Chilling Shares.

NEW YORK--(BUSINESS WIRE)--As previously announced, in connection with the Agreement and Plan of Merger, dated as of July 28, 2022 (the “Merger Agreement”), by and among JetBlue Airways Corporation (“JetBlue”) (NASDAQ: JBLU), Sundown Acquisition Corp., and Spirit Airlines, Inc. (“Spirit”) (NYSE: SAVE), JetBlue has set January 25, 2024, as the record date for the January 2024 prepayment to Spirit stockholders of $0.10 per Spirit share (the “January 2024 Additional Prepayment”), with payment of t.

JetBlue Announces Record and Payment Dates for January 2024 Additional Prepayment to Spirit Stockholders

Airlines in the United States canceled more than 1,200 flights on Friday after a massive winter storm knocked out power and affected businesses in 12 states, with forecast of a brutal freeze over the weekend.

U.S. airlines cancel over 1,200 flights due to massive winterstorm

Back on Oct. 19, we looked at 10 airline stocks and ranked them by a core measure of profitability used in the industry. That turned out to be excellent timing, because airline stocks have soared even more than the broad stock market since then.

Airline stocks have had a great run. Here's what analysts expect from here.

JetBlue Airways (NASDAQ:JBLU) plunged more than 10% Tuesday after CEO Robin Hayes announced that he will resign in February and analysts at Bank of America hit the company with a downgrade.  Hayes will be succeeded by Joanna Geraghty, JetBlue's president and a 20-year employee of the airline, starting on February 12.

JetBlue CEO to resign in February; shares tumble

JetBlue (JBLU) announces the retirement of Robin Hayes from the position of chief executive officer.

JetBlue (JBLU) Board Appoints Joanna Geraghty as New CEO

JetBlue CEO Robin Hayes is stepping down on the advice of his doctor. The transition will be orderly, but JetBlue has a lot on its plate right now.

Why JetBlue Stock Is in a Tailspin Today

Shares of JetBlue Airways Corp. took a hard hit Tuesday, following an analyst's call to sell the stock, and after the air carrier announced that its long-time chief executive was retiring for health reasons.

JetBlue's stock tumbles after analyst sees 40% downside

JetBlue Airways' incoming CEO Joanna Geraghty is set to take the helm at a turbulent time for the low-cost airline as it awaits a court ruling on its merger with Spirit Airlines.

JetBlue Stock Is Falling. The Sudden CEO Change Isn't the Only Reason.

Robin Hayes, who rose to the top job at JetBlue in 2015, will be succeeded by the company's chief operating officer, Joanna Geraghty, effective Feb. 12, 2024.

JetBlue CEO to exit ‘on the advice of my doctor,' cites ‘pressure of this job'

JetBlue Airways Corp. JBLU, +3.23% Chief Executive Robin Hayes will step down in February after nearly nine years at the helm, citing the advice of a doctor, the company said Monday. The resignation comes as a federal judge decides whether to block the airline's merger with Spirit Airlines Inc. SAVE, +2.33% that Hayes championed.

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