Americas GSA, a subsidiary of ECS Group, has announced a strategic partnership with JetBlue Cargo. This collaboration marks a significant milestone, enhancing its services on domestic routes out of Florida. The contract commenced in February 2023 for Florida State and on June 1, 2024, for Puerto Rico. Under this new agreement, Americas GSA will leverage […]
Americas GSA forges strategic partnership with JetBlue Cargo Read More »
On Thursday, May 16, President Joe Biden signed sweeping aviation legislation that will boost U.S. air traffic controller staffing, increase funding to avert runway close-call incidents, and speed up refunds for cancelled flights, according to Reuters. The US$105 billion, five-year measure re-authorises the Federal Aviation Administration (FAA). It prohibits airlines from charging fees for families
JetBlue, ‘New York’s Hometown Airline®’, has unveiled its financial performance for the first quarter ending March 31, 2024. The airline disclosed a net loss of US$716 million, representing a year-on-year revenue decline of 5.1% to US$2.2 billion. As of the end of the first quarter, JetBlue held US$1.7 billion in unrestricted cash, cash equivalents, short-term
JetBlue reveals US$716 million first-quarter loss amid revenue dip Read More »
In a significant development, activist investor Carl Icahn has acquired an almost 10% stake in JetBlue, propelling the airline’s shares up by more than 18% in Tuesday afternoon trading. Icahn, who made the purchases in January and February, expressed his belief in a regulatory filing that JetBlue’s stock is undervalued and presents an appealing investment
JetBlue shares soar as Carl Icahn makes strategic 10% investment Read More »
JetBlue has announced the appointment of Martin St. George to be the company’s next President, effective February 26, 2024. He will report to Joanna Geraghty, JetBlue’s current President and incoming Chief Executive Officer. Since 2020, St. George has served as Chief Commercial Officer at LATAM Airlines Group, Latin America’s largest airline holding company, in Santiago,
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In a significant legal development, federal judge, William G. Young of the U.S. District Court for the District of Massachusetts, issued a ruling on January 16, that effectively halted JetBlue Airways‘ proposed US$3.8 billion (£3 billion) acquisition of Spirit Airlines. The decision represents a victory for the Department of Justice, which had argued that the
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JetBlue Airways (JetBlue) has released that Joanna Geraghty, who currently holds the position of President and Chief Operating Officer (COO) at the company, will assume the role of Chief Executive Officer, effective from February 12, 2024, succeeding Robin Hayes. Hayes will continue to serve on the company’s Board of Directors until that date, after which
JetBlue President and COO Joanna Geraghty to succeed Robin Hayes Read More »
In a closely-watched antitrust trial, a U.S. Department of Justice attorney made a compelling case before a federal judge on Tuesday, October 31, urging them to halt JetBlue Airways‘ proposed US$3.8 billion purchase of the ultra-low-cost carrier, Spirit Airlines. According to Reuters news agency, the trial, unfolding in federal court in Boston, is part of
Effective October 30, 2023, Qatar Airways will increase frequency to New York (JFK) from two to three daily flights. Offering new connections between New York and more than 80 destinations in the Middle East, Africa, South Asia and Southeast Asia, the new flights will conveniently arrive early morning and depart late evening from New York
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JetBlue Airways (JetBlue), based in New York, has revised its 2023 outlook, anticipating potential losses in the current quarter due to a surge in travellers choosing international destinations and the conclusion of its partnership with American Airlines in the Northeast. The airline now projects adjusted earnings per share for the year ranging from 5 cents
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