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Airlines
The compensation could give the struggling Spirit a significant boost to its liquidity.
Meghna Maharishi | 7 months ago
JetBlue is cutting more routes as part of the carrier’s strategy to restore its profitability following the loss of the Spirit merger and Pratt & Whitney engine issues.
Meghna Maharishi | 8 months ago
JetBlue CEO Joanna Geraghty is focused on restoring the carrier’s profitability by “returning to the business fundamentals.”
Podcasts
Today's podcast looks at Airbnb's latest listings numbers, JetBlue and Spirit's latest agreement, and American Airlines' latest order.
Rashaad Jorden | 8 months ago
The activist investor gained two seats on JetBlue's board after acquiring a nearly 10% stake in the company.
Meghna Maharishi | 9 months ago
Spirit CEO Ted Christie described speculation about Spirit’s ability to survive as “a misguided narrative.”
JetBlue is shifting gears toward leisure travel and premium products as it figures out a future without the Spirit merger.
Airline Weekly
And just like that, JetBlue’s plans are up in smoke. A federal judge last week ruled that no, JetBlue cannot buy its rival Spirit, agreeing with the U.S. Justice Department that the deal would violate antitrust laws designed to protect consumers.
10 months ago
JetBlue and Spirit said they are appealing the decision to block their merger with the First Circuit Court of Appeals.
Meghna Maharishi | 10 months ago
JetBlue said it was cutting routes to help return to profitability.