JetBlue Announces Next Steps On Wind Down Of Northeast Alliance With American Airlines

JetBlue, Etihad Airways Add Loyalty Benefits As Part Of Long-standing Codeshare Partnership

JetBlue Airways Corp. (JBLU), New York's Hometown Airline, and Etihad Airways, the national airline of the United Arab Emirates, announced Tuesday the addition of loyalty benefits starting May 8, 2024, as part of its long-standing codeshare partnership. Under the partnership, members of JetBlue's TrueBlue loyalty program and members of Etihad Guest, the loyalty program of Etihad Airways, will now be able to earn and redeem points in the program of their choice when flying across the network of either airline.

RTTNews | 231天前

US Airlines, Unions Urge Govt To Pause Addl. Flights Between US And China

Major airlines in the United States, along with its various unions, urged the Biden Administration to pause additional passenger flights between the country and China, citing anti-competitive policies of the Chinese government. Following the news, most of China-based airlines were trading lower on Friday. Air China Ltd shares fell 2.9 percent, while China Eastern Airlines Corp. Ltd. dropped 2.5

RTTNews | 256天前

JetBlue To Cut Unprofitable Routes, Cities To Trim Costs

JetBlue Airways has decided to cut many unprofitable routes, including from Los Angeles, and ending services to many cities as part of the carrier's latest efforts to cut costs, reports said citing a memo to staff. The news comes as the loss-making airline is under increased pressure to cut its expenses and return to profitability after projecting weakness in its performance in the new year.

RTTNews | 279天前

JetBlue Jumps As Carl Icahn Reports 9.91% Stake

JetBlue Airways Corp.'s shares gained about 16 percent in the extended trading on Monday on Nasdaq after activist investor Carl Icahn reported around 10 percent stake in the airline. In a filing with the U.S. Securities And Exchange Commission, Icahn reported owning 33.62 million shares, representing 9.91 percent stake. JetBlue had around 339.28 million shares of Common Stock outstanding...

RTTNews | 316天前

JetBlue Airways Boosts Q4, FY23 Outlook

While announcing operational and financial update of its expected fourth quarter and full-year 2023 results on Thursday, JetBlue Airways Corp. (JBLU) said it achieved a 99.9 percent completion factor for the month of November and 100 percent completion factor for the Thanksgiving peak period.

RTTNews | 383天前

JetBlue Unveils Family Seating Guarantee

Airline JetBlue has introduced a formal family seating guarantee, under which children aged 13 years and younger can sit next to an adult traveling with them on the same reservation. The new process proactively identifies reservations with children and adults traveling together without prior seating assignments.

RTTNews | 453天前

JetBlue, Allegiant Ink Divestiture Deal In Connection With JetBlue's Combination With Spirit

JetBlue Airways Corp. (JBLU) and Allegiant (ALGT) announced Monday that the airlines have entered into a definitive agreement under which JetBlue will transfer to Allegiant all of the holdings of Spirit Airlines, Inc. (SAVE) at Boston Logan International Airport and Newark Liberty International Airport.

RTTNews | 470天前

American Airlines Boosts FY23 Outlook As Q3 Results Top Estimates

American Airlines reported Thursday a net profit for the second quarter that almost tripled from last year, reflecting operating revenue growth and lower operating expense, primarily aircraft fuel expenses. Adjusted earnings per share and quarterly operating revenues topped analysts' estimates. The company also raised its outlook for the full-year 2023.

RTTNews | 523天前

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