ULCC - Flight disruption! JetBlue to cut summer schedule by 10%

Been on a flight recently? There has likely been delays, and that's if you even get on a plane (cancellations have been through the roof). The developments have seen camping out at the airport trend across the country, while hours-long waits for customer service have left many passengers with a sour taste of the whole traveling experience. Severe storms have not made things any better, while COVID-19 still looms large as many employees call out sick. Case in point: Jetblue (NASDAQ:JBLU) scrapped more than 300 flights over the weekend, with nearly a fifth of all its flights canceled on Saturday. That's on top of hiring 2,500 workers this year and perks to keep staff on the job. It's now offering a $1,000 bonus to flight attendants who don't call out of work through May 31, as well as an extra $100 per trip for attendants who pick up open flights

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Flight disruption! JetBlue to cut summer schedule by 10%