JBLU

Marty St. George Named President of JetBlue

Retrieved on: 
Wednesday, February 7, 2024

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

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

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.

JetBlue and Spirit File Notice of Appeal

Retrieved on: 
Friday, January 19, 2024

JetBlue Airways Corporation (“JetBlue”) (NASDAQ: JBLU) and Spirit Airlines, Inc. (“Spirit”) (NYSE: SAVE) today reported that they have jointly filed a notice of appeal to the U.S. Court of Appeals for the First Circuit, consistent with the requirements of the merger agreement.

Key Points: 

JetBlue Airways Corporation (“JetBlue”) (NASDAQ: JBLU) and Spirit Airlines, Inc. (“Spirit”) (NYSE: SAVE) today reported that they have jointly filed a notice of appeal to the U.S. Court of Appeals for the First Circuit, consistent with the requirements of the merger agreement.

JetBlue Announces Webcast of Fourth Quarter 2023 Earnings Conference Call

Retrieved on: 
Thursday, January 18, 2024

JetBlue Airways Corporation (Nasdaq: JBLU) announced today that it will hold its quarterly conference call to discuss fourth quarter 2023 financial results on January 30th, 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 fourth quarter 2023 financial results on January 30th, 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 Announces Record and Payment Dates for January 2024 Additional Prepayment to Spirit Stockholders

Retrieved on: 
Friday, January 12, 2024

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 January 25, 2024, as the record date for the January 2024 prepayment to Spirit stockholders of $0.10 per Spirit share (the “January 2024 Additional Prepayment”), with payment of the January 2024 Additional Prepayment to occur on January 31, 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 January 25, 2024, as the record date for the January 2024 prepayment to Spirit stockholders of $0.10 per Spirit share (the “January 2024 Additional Prepayment”), with payment of the January 2024 Additional Prepayment to occur on January 31, 2024.
  • Pursuant to the Merger Agreement, Spirit stockholders as of the January 25, 2024, record date will be entitled to receive the January 2024 Additional Prepayment.

JetBlue Announces CEO Succession

Retrieved on: 
Monday, January 8, 2024

For nearly 35 years – both at British Airways and here at JetBlue – I’ve loved working in this industry.

Key Points: 
  • For nearly 35 years – both at British Airways and here at JetBlue – I’ve loved working in this industry.
  • “It has been a privilege to lead JetBlue for the past nine years, and I am proud of all we have accomplished.
  • In addition, Joanna and the team have developed a strong plan for JetBlue as we work to return to profitability.
  • Together, she and Robin have worked to ensure the company is strong and well positioned for the future.”
    Geraghty said, “I am honored and excited to serve as the next CEO of JetBlue.

JetBlue Extends Partnership with FLYR, Doubling Down on AI-Driven Travel Intelligence

Retrieved on: 
Monday, January 8, 2024

LOS ANGELES, Jan. 08, 2024 (GLOBE NEWSWIRE) -- FLYR, the AI-powered technology platform for travel, announced today that JetBlue (NASDAQ: JBLU) is extending its partnership with FLYR .

Key Points: 
  • LOS ANGELES, Jan. 08, 2024 (GLOBE NEWSWIRE) -- FLYR, the AI-powered technology platform for travel, announced today that JetBlue (NASDAQ: JBLU) is extending its partnership with FLYR .
  • The commercial agreement has been extended to continue to boost the airline’s revenue optimization capabilities using decision intelligence powered by deep learning.
  • As the travel and aviation industry emerges from the shadow of COVID-19, passenger numbers are skyrocketing past pre-pandemic levels.
  • Utilizing cutting-edge deep learning technology, FLYR's cloud-native decision intelligence platform, Flight Revenue Management , offers automated, AI-powered revenue management capabilities.

JetBlue Expands its Presence in Florida With New Low Fare Service to Tallahassee Starting Today

Retrieved on: 
Thursday, January 4, 2024

JetBlue (NASDAQ: JBLU) today announced it has officially launched service between Fort Lauderdale-Hollywood International Airport (FLL) and Tallahassee International Airport (TLH), with the first flight arriving in Tallahassee this morning.

Key Points: 
  • JetBlue (NASDAQ: JBLU) today announced it has officially launched service between Fort Lauderdale-Hollywood International Airport (FLL) and Tallahassee International Airport (TLH), with the first flight arriving in Tallahassee this morning.
  • JetBlue’s new intrastate service will operate daily, introducing the airline’s award-winning service, low fares and a better travel option for customers on a route with limited competition.
  • With Tallahassee service starting today, JetBlue will now serve over 40 destinations from Fort Lauderdale.
  • Focused investments by the City have grown Tallahassee International Airport into one of the largest economic drivers in the North Florida region.

JetBlue Foundation Celebrates 10 Years of Enhancing Access and Inspiring Careers in Aviation

Retrieved on: 
Monday, December 18, 2023

For the last 10 years, the JetBlue Foundation has continued the airline’s efforts to place aviation top-of-mind as a career choice for students by igniting youth interest throughout JetBlue’s network to explore careers in aviation.

Key Points: 
  • For the last 10 years, the JetBlue Foundation has continued the airline’s efforts to place aviation top-of-mind as a career choice for students by igniting youth interest throughout JetBlue’s network to explore careers in aviation.
  • Through the JetBlue Foundation, we have been able to foster inspiration while putting aviation on the map as a career choice for students of all ages and backgrounds,” said Ursula Hurley, president of the JetBlue Foundation.
  • Since 2013, the JetBlue Foundation has made five grants, totaling over $100,000, to Aviation High School to help fund and propel its many STEM and aviation related educational programs.
  • “JetBlue and the JetBlue Foundation are crucial supporters of our Federal Aviation Administration aviation maintenance technician public high school.