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JetBlue Announces Webcast of First Quarter 2024 Earnings Conference Call

Retrieved on:

Thursday, April 4, 2024

Transportation, Air, Transport, Travel, JBLU, JetBlue

JetBlue Airways Corporation (Nasdaq: JBLU) announced today that it will hold its quarterly conference call to discuss first quarter 2024 financial results on April 23rd, 2024 at 10:00 a.m.

Key Points:

JetBlue Airways Corporation (Nasdaq: JBLU) announced today that it will hold its quarterly conference call to discuss first quarter 2024 financial results on April 23rd, 2024 at 10:00 a.m.
ET.
A live, listen-only webcast of the call will be available on JetBlue's investor relations website at the following web address:

JetBlue Flights to the Emerald Isle Taking Off Today

Retrieved on:

Thursday, March 14, 2024

JetBlue (Nasdaq: JBLU) announced it has expanded its transatlantic offerings with new, nonstop flights taking off from New York and Boston today.

Key Points:

JetBlue (Nasdaq: JBLU) announced it has expanded its transatlantic offerings with new, nonstop flights taking off from New York and Boston today.
JetBlue has disrupted the transatlantic market since it first launched flights to London in 2021 offering a fresh, innovative, customer-focused experience without the historically high fares of legacy carriers.
Since then, JetBlue has expanded its portfolio to include Paris, Amsterdam and now Dublin, and will continue its growth in Europe with seasonal flights to Edinburgh and additional frequencies to Paris later this spring.
“JetBlue’s entrance into Dublin is set to introduce a new era of low fares and great service between Ireland and the Northeast,” said Joanna Geraghty, chief executive officer, JetBlue.

JetBlue to Webcast Presentation at J.P. Morgan Industrials Conference

Retrieved on:

Friday, March 8, 2024

Transportation, Air, Transport, Travel, JetBlue, JBLU, Conference

JetBlue Airways Corporation (Nasdaq: JBLU) will present at the J.P. Morgan Industrials Conference on March 12th at approximately 12:30 p.m. ET. A live, listen-only webcast of the call will be available on JetBlue's investor relations website at the following web address:

Key Points:

JetBlue Airways Corporation (Nasdaq: JBLU) will present at the J.P. Morgan Industrials Conference on March 12th at approximately 12:30 p.m. ET. A live, listen-only webcast of the call will be available on JetBlue's investor relations website at the following web address:

JetBlue Announces Termination of Merger Agreement with Spirit

Retrieved on:

Monday, March 4, 2024

Air, Transport, Other Travel, Transportation, Vacation, Travel, JBLU, Spirit Airlines

JetBlue (NASDAQ: JBLU) today announced that it has reached an agreement with Spirit Airlines (NYSE: SAVE) to terminate their July 2022 merger agreement.

Key Points:

JetBlue (NASDAQ: JBLU) today announced that it has reached an agreement with Spirit Airlines (NYSE: SAVE) to terminate their July 2022 merger agreement.
“We believed this merger was worth pursuing because it would have unleashed a national low-fare, high-value competitor to the Big Four airlines,” said Joanna Geraghty, chief executive officer, JetBlue.
We wish the very best going forward to the entire Spirit team.”
Under the agreement, JetBlue will pay Spirit $69 million and the termination resolves all outstanding matters related to the transaction and under which any claims between them will be mutually released.
“JetBlue has a strong organic plan and unique competitive advantages, including a beloved brand, a unique value proposition, and high-value geographies,” Geraghty continued.

JetBlue to Webcast Chat at Citi Conference

Retrieved on:

Tuesday, February 20, 2024

Transportation, Air, Transport, Travel, JetBlue, JBLU, Conference

JetBlue Airways Corporation (Nasdaq: JBLU) will participate in a fireside chat at the Citi Industrial Tech and Mobility Conference on February 22nd at approximately 1:00 p.m.

Key Points:

JetBlue Airways Corporation (Nasdaq: JBLU) will participate in a fireside chat at the Citi Industrial Tech and Mobility Conference on February 22nd at approximately 1:00 p.m.
ET.
A live, listen-only webcast of the call will be available on JetBlue's investor relations website at the following web address:

JetBlue Announces Two New Independent Directors

Retrieved on:

Friday, February 16, 2024

Air, Transport, Other Travel, Transportation, Travel, Other Transport, Security (finance), Icahn Enterprises, Growth, JBLU, Management

JetBlue (NASDAQ: JBLU) today announced that it has entered into an agreement with Icahn Enterprises L.P., a major shareholder of JetBlue, under which Jesse Lynn, general counsel of Icahn Enterprises, and Steven Miller, portfolio manager of Icahn Capital, will join the airline’s board of directors.

Key Points:

JetBlue (NASDAQ: JBLU) today announced that it has entered into an agreement with Icahn Enterprises L.P., a major shareholder of JetBlue, under which Jesse Lynn, general counsel of Icahn Enterprises, and Steven Miller, portfolio manager of Icahn Capital, will join the airline’s board of directors.
Peter Boneparth, chair of the JetBlue board, said, “We are pleased to have reached this agreement with Icahn Enterprises.
We very much look forward to working with them in the future.”
With the additions of Mr. Lynn and Mr. Miller following the annual meeting, the JetBlue board will expand to 13 directors, 12 of whom are expected to be independent.
Since 2018, JetBlue has refreshed more than half the board and added eight new independent directors, including the appointments announced today.

JetBlue Announces Record and Payment Dates for February 2024 Additional Prepayment to Spirit Stockholders

Retrieved on:

Tuesday, February 13, 2024

Transportation, Air, Transport, Travel, JetBlue, Plan, JBLU, Agreement

As previously announced, in connection with the Agreement and Plan of Merger, dated as of July 28, 2022 (the “Merger Agreement”), by and among JetBlue Airways Corporation (“JetBlue”) (NASDAQ: JBLU), Sundown Acquisition Corp., and Spirit Airlines, Inc. (“Spirit”) (NYSE: SAVE), JetBlue has set February 23, 2024, as the record date for the February 2024 prepayment to Spirit stockholders of $0.10 per Spirit share (the “February 2024 Additional Prepayment”), with payment of the February 2024 Additional Prepayment to occur on February 29, 2024.

Key Points:

As previously announced, in connection with the Agreement and Plan of Merger, dated as of July 28, 2022 (the “Merger Agreement”), by and among JetBlue Airways Corporation (“JetBlue”) (NASDAQ: JBLU), Sundown Acquisition Corp., and Spirit Airlines, Inc. (“Spirit”) (NYSE: SAVE), JetBlue has set February 23, 2024, as the record date for the February 2024 prepayment to Spirit stockholders of $0.10 per Spirit share (the “February 2024 Additional Prepayment”), with payment of the February 2024 Additional Prepayment to occur on February 29, 2024.
Pursuant to the Merger Agreement, Spirit stockholders as of the February 23, 2024, record date will be entitled to receive the February 2024 Additional Prepayment.

Marty St. George Named President of JetBlue

Retrieved on:

Wednesday, February 7, 2024

Air, Transport, Other Travel, Transportation, Travel, Other Transport, History, US Airways, JBLU, LATAM Airlines Group, Marketing, LATAM, Aviation, United, JTP, Airline

JetBlue (Nasdaq: JBLU) today announced the appointment of Marty St. George to be the company’s next president, effective February 26, 2024.

Key Points:

JetBlue (Nasdaq: JBLU) today announced the appointment of Marty St. George to be the company’s next president, effective February 26, 2024.
Since 2020, St. George has served as chief commercial officer at LATAM Airlines Group, Latin America’s largest airline holding company, in Santiago, Chile.
Over the span of 13 years with JetBlue – beginning as vice president, planning, later senior vice president marketing and commercial, and ultimately executive vice president and chief commercial officer – St. George was a key architect of the carrier’s focus city strategy, led its successful entry into airline partnerships, and oversaw its distinctive brand and innovative product strategy.
He’ll also have oversight of JetBlue Travel Products (JTP), an important growth area for the company, which will continue to be led day-to-day by its president, Andres Barry.

JetBlue Announces Fourth Quarter 2023 Results

Retrieved on:

Tuesday, January 30, 2024

Transportation, Air, Transport, Travel, JFK, JetBlue, VFR, JBLU, Tax, Embraer, Public expenditure, Carbon, Aviation, AMS, Logan International Airport, BOS, Amsterdam Airport Schiphol, Airline

JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for the fourth quarter of 2023.

Key Points:

JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for the fourth quarter of 2023.
Net loss for the fourth quarter of 2023 under Generally Accepted Accounting Principles ("GAAP") of $104 million or $(0.31) per share.
Excluding special items, adjusted net loss for the fourth quarter of 2023 of $63 million (1) or $(0.19) per share.
Delivered excellent operational performance in the fourth quarter with a completion factor of 99.8%, JetBlue’s best fourth quarter completion factor since 2004.

JetBlue Names Warren Christie Chief Operating Officer

Retrieved on:

Monday, January 29, 2024

Transport, Air, Aviation, JBLU, Face, Culture, Curriculum, University, Naval aviation, Warren Christie, Safety, JetBlue, Airport

JetBlue Airways (NASDAQ: JBLU) today announced the promotion of Warren Christie to chief operating officer effective February 12, 2024, concurrent with the previously announced transition of current president and chief operating officer Joanna Geraghty to the role of chief executive officer.

Key Points:

JetBlue Airways (NASDAQ: JBLU) today announced the promotion of Warren Christie to chief operating officer effective February 12, 2024, concurrent with the previously announced transition of current president and chief operating officer Joanna Geraghty to the role of chief executive officer.
“I’m thrilled that my first leadership appointment is to promote Warren into the role of chief operating officer, where he will help lead our teams in our effort to improve reliability and restore profitability in our airline,” said Geraghty.
Christie said: “JetBlue has a beloved brand and culture, and to keep customers coming back we must run a reliable operation and deliver on JetBlue’s award-winning service consistently.
Christie joined JetBlue in 2003 holding a variety of roles of increasing responsibility, including vice president, operations planning and training; vice president, JetBlue University; senior vice president, safety, security, and air operations; senior vice president, regulatory and training; and senior vice president, safety, security, fleet operations, airports and JetBlue University.