JBLU News and Press, JetBlue Airways Corporation From 07/07/23

2023-07-07 06:35:32 ET Summary The U.S. Department of Justice's lawsuit against the JetBlue and Spirit Airlines merger may be weakened due to the Northeast Alliance ban and JetBlue's divestiture of assets to Frontier Airlines. JetBlue's willingness to give up slots shows the compa...

2023-07-06 15:06:49 ET JetBlue Airways Corporation ( NASDAQ: JBLU ) tumbled more than 6% on Thursday afternoon, the most since December 13, after saying it will end its partnership with American Airlines ( AAL ). Instead, the Long Island City-based airline will focus on its ...

Stock futures fell Thursday following a losing session on Wall Street, as traders continued to weigh the outlook for Federal Reserve monetary policy. Futures for the Dow Jones Industrials lost 136 points, or 0.4%, to 34,368. Futures for the S&P 500 dipped 18 points, or 0.4%, to 4,465....

2023-07-05 16:28:10 ET JetBlue Airways Corporation ( NASDAQ: JBLU ) fired off a statement late on Wednesday about the carrier's Northeast Alliance with American Airlines Group ( AAL ). The airline company said it  strongly disagrees with the court’s ruling a...

JetBlue (NASDAQ: JBLU) today issued the following statement regarding its Northeast Alliance (NEA) with American Airlines: JetBlue’s unique model has successfully disrupted the industry for well over 20 years, and we decided to enter into the NEA as a creative solution to bring more of...

2023-07-03 15:30:49 ET Summary The US airline industry is expected to regain pre-pandemic profitability due to lower oil prices and higher utilization rates. Airlines trade at a historically cheap multiple of revenue to enterprise value. Growing demand and rationalized competi...

2023-07-03 09:01:12 ET The airline sector starts the second half of the year with investors looking for the recent hot streak in share prices to extend. Notably, airline companies have seen leisure and corporate demand hold better than anticipated, and have benefited from some moderation in...

2023-07-03 06:17:51 ET Smoky haze, hot weather and storms... Many flights have been delayed or cancelled over the past week in the U.S., posing some problems for travelers ahead of the Fourth of July. More than 8,000 flights were delayed and over 500 canceled on Friday, according t...

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2023-06-28 11:18:28 ET Summary JetBlue Airways is currently undergoing a potentially beneficial acquisition of Spirit Airlines. Despite regulatory concerns, I believe the deal will likely go through. The airline industry, including JetBlue, suffered significantly during the COVID-...