All JetBlue Airways articles – Page 2
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Airline Business
Spirit Airlines on track for greater Q1 loss than expected
US discounter Spirit Airlines is bracing for a greater first-quarter loss than previously anticipated due to how it is accounting for $150-$200 million in compensation from Pratt & Whitney (P&W) for its grounded Airbus A320neo-family aircraft.
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News
Spirit Airlines to receive $150-200m from P&W for geared turbofan troubles
Spirit Airlines has secured a compensation package from Pratt & Whitney (P&W) valued between $150 million and $200 million for the grounding of “nearly all” the PW1100G-powered Airbus A320neos in its fleet.
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Airline Business
Greater Bay Airlines chief executive appointment reflects greater trend
The appointment of a new chief executive at a small carrier in Hong Kong might not have created many headlines this week, but it does offer another concrete example of a growing trend among the world’s airlines.
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Airline Business
Airlines accelerate hiring of women to top executive roles from low base
The industry has been employing more women in the C-suite for some time now, but new data hints at the pace of change quickening after years of glacial progress, with positive steps continuing into the first few months of 2024
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News
JetBlue trims ‘unprofitable’ routes from network in bid for stability
JetBlue Airways is cutting “unprofitable” routes across its network in an attempt to boost its financial performance in the absence of the carrier’s recently deceased deal to acquire Spirit Airlines.
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News
JetBlue drops DOT complaint against Dutch government over Schiphol slots
JetBlue Airways has withdrawn its complaint against the Dutch government after securing favourable summer take-off and landing slots at Amsterdam’s Schipol airport, but warns that it will continue to fight for access if necessary.
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News
JetBlue expects average of 11 grounded aircraft due to Pratt & Whitney engine issues: CFO
JetBlue Airways expects to have an average of 11 Airbus narrowbody aircraft grounded during 2024 due to inspections of the jets’ Pratt & Whitney PW1100G geared turbofan (GTF) engines.
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News
JetBlue expands board to accommodate two Icahn designees
US budget carrier JetBlue Airways is to expand its board and appoint two directors nominated by entrepreneur Carl Icahn, following his acquisition of a near-10% share in the airline.
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News
JetBlue reveals 9.9% shareholding acquired by entrepreneur Icahn
US operator JetBlue Airways has disclosed that entrepreneur Carl Icahn has picked up a 9.91% shareholding in the budget carrier.
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Airline Business
Costs still in sharp focus for USA’s short-haul carriers
The recent suggestion from Wizz Air chief executive Jozsef Varadi that short-haul air travel “is a cost game, not a revenue game” has pertinence beyond that airline’s markets.
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News
Spirit pushes back on ‘misguided narrative’ about stability without JetBlue
Spirit Airlines executives maintain that the company has the financial resources necessary to succeed in the absence of a tie-up with JetBlue Airways.
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News
Spirit Airlines lowers Q1 capacity expectations on GTF engine woes
Spirit Airlines has reduced its capacity forecast for the first quarter as the scope of its Pratt & Whitney geared turbofan (GTF) engine issues come into focus.
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News
Martin St George returns to JetBlue amid financial turbulence
JetBlue Airways is turning to a familiar figure during a turbulent period, appointing Martin St George president of the company, effective 26 February.
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News
European regulators ‘welcome’ JetBlue’s summer Amsterdam access
European Commission regulators have welcomed JetBlue’s improved access to slots at Amsterdam Schiphol airport this summer, an issue it says it was ready to intervene over if the US carrier was unable to secure “appropriate access” to the Dutch hub.
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News
TAP Air Portugal pushes for fast-tracked codeshare extension with JetBlue
Star Alliance carrier TAP Air Portugal is asking US civil aviation regulators to fast-track an extension of its codeshare agreement with New York’s JetBlue Airways.
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Airline Business
JetBlue slows aircraft delivery schedule as it expects no growth in 2024
Growth will be constrained for US carrier JetBlue Airways throughout 2024 as it expects double-digit numbers of Airbus A320s to be grounded for geared turbofan (GTF) engine inspections.
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News
JetBlue appoints Warren Christie as new chief operating officer
US carrier JetBlue Airways plans to replace chief operating officer Joanna Geraghty with long-time executive Warren Christie when Geraghty assumes leadership of the company on 12 February.
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News
JetBlue's deal to acquire Spirit set expire in two days
JetBlue Airways’ agreement to acquire Spirit Airlines is set to expire on 28 January, creating further uncertainty about a proposed combination that has already been shot down by a US judge.
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News
Spirit and JetBlue appeal court ruling blocking acquisition
JetBlue and Spirit Airlines are appealing the court ruling earlier this week that denied the airlines’ $3.8 billion tie-up.
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News
Spirit working to steady itself after JetBlue deal is blocked
Following a US judge’s decision to block JetBlue Airways’ acquisition of rival low-cost carrier Spirit Airlines, Spirit has told investors that it is moving to shore up its financial position.