Articles tagged “northeast alliance”

It looks like JetBlue’s new strategy that emphasizes cutting unprofitable routes and bolstering leisure capacity in the East Coast is continuing to pay off.

JetBlue’s strategy of cutting unprofitable routes and focusing on its core markets is starting to see returns — the carrier unexpectedly reported a profit in the second quarter.

If approved, the codeshare would be JetBlue’s most significant partnership since a federal judge struck down the Northeast Alliance.

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.

JetBlue CEO Joanna Geraghty is focused on restoring the carrier’s profitability by “returning to the business fundamentals.”

The activist investor gained two seats on JetBlue's board after acquiring a nearly 10% stake in the company.

With a discussion with Executive Editor Dennis Schaal, today's special edition of Skift's daily podcast goes deeper into our annual list of best-compensated online travel CEOs.

The 94-page ruling methodically knocks down the argument from American and JetBlue that their alliance boosts competition to benefit flyers.

JetBlue wants to be a challenger airline on a nationwide basis. If it acquires Spirit, then the Midwest would not be merely something to admire from 30,000 feet.