JetBlue’s 2023 is taking a drastic turn for the worse, with the US airline guiding significantly lower earnings per share (EPS) compared to earlier this year. While Q2 and HY1 produced strong results, the dark clouds hung over HY2. They…
JetBlue has taken the “difficult decision” not to appeal the May 19 Court ruling that summoned the airline and American Airlines to dissolve their Northeast Alliance (NEA). Instead, JetBlue has initiated the winding down of the partnership, which it expects…
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CORRECTION – Spirit Airlines has rejected an enhanced proposal from JetBlue to take over the ultra-low-cost airline. The Spirit Board of Directors isn’t convinced that the original offer JetBlue made on April 5 nor an updated one on April 29…