JetBlue Airways

JetBlue Airways Corp. provides air transportation services. It carries more than 30 million customers a year to 86 cities in the U.S., Caribbean, and Latin America with an average of 850 daily flights. The firm offers flights and tickets to more than 82 destinations, with accommodations such as free TV, free snacks, and the most legroom. The company was founded by David Gary Neeleman in August 1998 and is headquartered in Long Island City, NY.

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JetBlue reports record revenue in 2022, eyes growth opportunities

JetBlue's 2022 performance showcased revenue growth and operational improvements.
While facing challenges from external factors, JetBlue is focused on cost management and revenue initiatives.
Strategic strengths lie in the Northeast Alliance, growth opportunities, and normalized earnings target.

JetBlue surpasses Q1 earnings expectations amidst operational challenges

JetBlue Airways exceeded Q1 earnings expectations, showing resilience amid challenges like ATC issues. The company's strategic initiatives, revenue growth, and confidence in outlook signal a positive trajectory. With a focus on cost reduction, revenue improvement, and operational adjustments, JetBlue aims to navigate current challenges and capitalize on growth opportunities.

JetBlue reports Q2 earnings, faces challenges, eyes growth opportunities

JetBlue's Q2 performance reflects resilience amid challenges and strategic investments.
Maintaining liquidity and focusing on shareholder value are key strengths.
Challenges include operational disruptions and competitive dynamics in key markets.
Opportunities lie in organic growth, network optimization, and fleet flexibility.

JetBlue reports Q3 loss, focuses on capacity realignment strategy

JetBlue faces challenges from disruptions and cost pressures but is strategically realigning capacity.
The company is leveraging strengths in the premium sector and New York market competitiveness.
Opportunities lie in reallocating capacity thoughtfully and enhancing operational resilience.
Despite headwinds, JetBlue is focused on strategic growth and cost mitigation efforts.

JetBlue reports strong Q4 results, eyes sustained profitability in 2024

JetBlue Airways showcased strong performance in Q4 2023, focusing on profitability, cost reduction, and operational efficiency amidst challenges and uncertainties.
With a strategic evolution plan, positive revenue trends, and a commitment to sustainable growth, JetBlue aims to drive its core business to sustained profitability in 2024.
The company's resilience, focus on cost optimization, and strategic initiatives position JetBlue well to navigate challenges and capitalize on opportunities for long-term success.

JetBlue surpasses Q1 expectations amidst Latin region challenges

JetBlue Airways' Q1 2024 performance exceeded expectations, but challenges in the Latin region impacted revenue acceleration, leading to revised guidance. The airline is focusing on maintaining a low cost base, strengthening liquidity, and overcoming headwinds through core strengths and loyalty growth. JetBlue aims to drive profitability by implementing revenue initiatives and cost-saving measures.

JetBlue surpasses Q2 expectations, focuses on cost savings and reliability

JetBlue's Q2 performance exceeded expectations with strong RASM growth. Strategic focus on cost savings, reliability, and network optimization. Challenges with engine issues and aircraft retirements being addressed.

JetBlue reports strong Q3 performance and strategic debt raise

JetBlue's Q3 2024 earnings call highlighted strong operational and revenue performance, supported by strategic initiatives and financial planning.
The company's focus on improving margins, delivering value, and executing the JetForward plan positions it for future growth and profitability.
While facing challenges and uncertainties, JetBlue has opportunities to leverage its strengths and drive market differentiation and revenue enhancement.

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JetBlue Airways Corp. engages in the provision of air transportation services. Its brands include jetBlue, jetBlue Vacations, Paisly, and TrueBlue. It operates through the following geographic segments: Domestic and Canada, Caribbean and Latin America, and Atlantic. The company was founded by David Gary Neeleman in August 1998 and is headquartered in Long Island City, NY.

Just four days after Carl Icahn disclosed a 9.9% stake in JetBlue Airways Corp. and signaled his intention to have a say in the company's future, the activist investor is said to be nearing a deal for board seats at the low-cost airline.

Carl Icahn said to be near deal for JetBlue board seats, days after disclosing stake in airline

Spirit Airlines

Sun Country Airlines

Billionaire investor George Soros' investment fund has placed new bets on low-cost and ultra-low-cost U.S. airlines, going for fresh stakes in JetBlue Airways Corp., Spirit Airlines Inc. and Sun Country Airlines Holdings Inc., according to a filing late Wednesday.

George Soros' fund bets on U.S. leisure travel, with fresh stakes in JetBlue, Spirit, Sun Country

Levi Strauss

Pfizer

While overall earnings for the final quarter of 2023 have been positive, not every company is celebrating. A number of well-known concerns missed the mark with their latest prints, plummeting their share prices.

3 Blue-Chip Stocks Drowning in Earnings Despair

Carl Icahn's decision to hold a stake in JetBlue (JBLU) comes immediately after the new CEO taking charge.

JetBlue (JBLU) Stake Bought by Activist Investor Carl Icahn

JetBlue Airways Corp.'s stock was the rare spot of green on stock screens Tuesday, getting a boost from a fresh investment by billionaire activist investor Carl Icahn.

Carl Icahn's investment in JetBlue may last longer than expected, this analyst says

Activist investor Carl Icahn grabbed a stake of JetBlue Airways just after a judge sided with the Justice Department saying the proposed merger with Spirit was anticompetitive.

JetBlue shares spike after Carl Icahn takes 10% stake

Billionaire Carl Icahn sent shares of JetBlue spiking more than 15% in extended trading after the activist investor reported a nearly 10% stake in the airline and said its stock is undervalued.

JetBlue shares jump 12% after Carl Icahn reports stake in airline, calls shares undervalued

JetBlue has flown through a lot of uncertainty in the last 12 months, causing the stock to drop. Activist legend Carl Icahn sees value, buying a 9.9% stake in the company.

Why JetBlue Stock Is Taking Off Today

Investor Carl Icahn has taken a stake of nearly 10% in JetBlue (NASDAQ: JBLU ). Icahn, who runs Icahn Enterprises (NASDAQ: IEP ), said the budget airline is undervalued.

Carl Icahn Is Betting Big on JetBlue (JBLU) Stock

Discount airline  JetBlue Airways Corporation (NASDAQ:JBLU) is 17% higher premarket, after activist investor Carl Icahn disclosed a 9.91% stake in the company.

Discount Airlines Stock Ready For Take Off

NEW YORK--(BUSINESS WIRE)--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 o.

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

Carl Icahn revealed a near-10% stake in JetBlue worth about $200 million on Monday. The activist investor said the airline's stock is undervalued and he's seeking board representation.

Billionaire investor Carl Icahn takes near-10% stake in JetBlue, echoing his iconic TWA deal

Shares of JetBlue Airways surged on Tuesday after activist investor Carl Icahn said he took a stake of nearly 10% in the low-cost carrier.

JetBlue shares soar after Icahn takes 10% stake in airline

JetBlue's new CEO took the helm Monday, just as Carl Icahn reported a nearly 10% stake in the budget airline.

JetBlue Gets A Carl Icahn Boost As New CEO Takes Over

The disclosure came in a filing with the Securities and Exchange Commission on Monday.

Icahn Has JetBlue Stake, in Talks About Board Seat

JetBlue Airways (NASDAQ:JBLU), the budget airline, saw shares pop around 15% in pre-market trading after it was found activist investor Carl Icahn had acquired a 10% stake in what he believes is an undervalued stock. Icahn's shareholding, built through purchases in January and February, has left him hopeful it could open the door to potential discussions about board representation.

JetBlue shares take flight as veteran investor builds stake

Barely 24 hours into her tenure, Joanna Geraghty—the first woman to run a major U.S. airline—is facing an activist investor campaign.

JetBlue Stock Is Soaring After Icahn Takes Stake. It's an Eventful Start for the New CEO.

The activist investor has a nearly 10% stake in the airline and may consider pushing for board representation.

Carl Icahn Reports Stake in JetBlue

Hedge fund billionaire Carl Icahn reported a near 10% stake in JetBlue on Monday and said the airline's stock was undervalued, according to a filing, rocketing the company's stock up as high as 19% in after-hours trading—weeks after JetBlue's plans to merge with rival Spirit Airlines were blocked by a federal judge.

JetBlue Stock Spikes After Billionaire Carl Icahn Reveals Nearly 10% Stake

Shares of JetBlue Airways Corp. rose sharply after hours on Monday after billionaire activist investor Carl Icahn reported a 9.91% stake in the air carrier — saying its stock was “undervalued and represented an attractive investment opportunity.”

JetBlue's stock rallies after Carl Icahn takes nearly 10% stake in airline

Activist investor Carl Icahn on Monday reported a nearly 10% stake in JetBlue Airways, saying the airline stock is undervalued. Shares of JetBlue spiked 14% in extended trading. Icahn amassed the stake in a series of purchases in January and February, according to regulatory filings. According to a filing, he has had and plans to continue discussions with the company “regarding the possibility of board representation.”

Activist investor Carl Icahn reports nearly 10% stake in JetBlue Airways, says stock is undervalued

JetBlue is struggling with reliability and controlling costs. Its new CEO and veteran executives are hoping to get back to basics.

JetBlue resets with new CEO, industry veterans to run airline on time, and profitability

The Federal Aviation Administration announced Thursday it's investigating a collision between two JetBlue planes at Boston Logan International Airport, the latest in a series of incidents plaguing airlines across the nation.

FAA Investigating JetBlue Collision At Boston Airport

The Federal Aviation Administration (FAA) said Thursday it will investigate the collision between two JetBlue Airways planes on the tarmac at Boston Logan Airport that damaged both planes but caused no injuries.

US FAA to investigate collision between two JetBlue planes

NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today announced the appointment of Marty St. George to be the company's next president, effective February 26, 2024. He will report to Joanna Geraghty, JetBlue's current president and incoming chief executive officer. Since 2020, St. George has served as chief commercial officer at LATAM Airlines Group, Latin America's largest airline holding company, in Santiago, Chile. Prior to joining LATAM, he operated an airline strategy consulting practice.

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