JBLU - JetBlue Airways Corporation

American Airlines' reliance on partners faces test after court ruling

CHICAGO (Reuters) -American Airlines' plan to grow revenue by relying more heavily on alliance partners to ferry passengers in uncompetitive markets while bulking up flights to U.S. Sunbelt states has been called into question by a U.S. court ruling blocking a key tie-up. A U.S. federal judge last month ordered the company to end its alliance with JetBlue Airways Corp, saying the partnership "substantially" diminished competition in the domestic market. It also is a big piece of American's strategy to compete in the New York market, where it was losing money.

American Airlines to appeal JetBlue alliance court ruling

(Reuters) -American Airlines Group will appeal a U.S. court decision requiring it to end an alliance with JetBlue Airways Corp, American CEO Robert Isom said on Wednesday. U.S. District Judge Leo Sorokin in Boston ruled on May 19 that the airlines' "Northeast Alliance" broke antitrust law and ordered the companies to dissolve the arrangement within 30 days. "We've got a legal system that allows for appeal, and we're going to do that," Isom told the Bernstein Conference.

This Airline Just Got Magnificent News. Investors Didn't Notice.

The unwinding of JetBlue's alliance with American Airlines significantly increases the likelihood that JetBlue will be permitted to buy Spirit Airlines.

Airline Stock Roundup: RYAAY's Q4 Loss, AAL's Labor Deal & More

A federal judge orders American Airlines (AAL) and JetBlue (JBLU) to end their partnership. Delta (DAL) is set to have a new COO.

American Airlines flags no earnings impact from NEA ruling

American Airlines and JetBlue announced the creation of the Northeast Alliance (NEA) in July 2020 to coordinate flights and pool revenue while competing against Delta Air Lines and United Airlines, that dominate the New York-area and Boston markets. Last week, a federal judge ruled for both carriers to end the alliance saying the partnership "substantially diminishes competition in the domestic market for air travel".

Why Is JetBlue (JBLU) Down 1.7% Since Last Earnings Report?

JetBlue (JBLU) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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United CEO on debt ceiling, new $1 billion Denver investment

United Airlines CEO Scott Kirby is keeping one eye on the debt ceiling drama but also on how his airline invests its capital.

Here's Why Hold Strategy is Apt for JetBlue (JBLU) Right Now

JetBlue's (JBLU) management expects total revenues in the June quarter to increase 4.5-8.5% on a year-over-year basis.

The Undoing of American and JetBlue’s Northeast Alliance – in 11 Quotes

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

American and JetBlue airlines must end alliance, US judge rules

WASHINGTON (Reuters) -American Airlines Group must end its alliance with JetBlue Airways Corp, a federal judge ruled on Friday, agreeing with the U.S. Justice Department that the arrangement means higher prices for consumers and ordering the companies to part ways within 30 days. The decision represented a victory for President Joe Biden's administration, which has taken a hard line on consolidation and tie-ups in the aviation industry. The Justice Department, six states including Massachusetts as well as the District of Columbia sued in 2021 to unwind the deal announced in 2020, calling the "Northeast Alliance" a "de facto merger" of the American and JetBlue Boston and New York operations that removes incentives for them to compete.

Implied Volatility Surging for JetBlue Airways (JBLU) Stock Options

Investors need to pay close attention to JetBlue Airways (JBLU) stock based on the movements in the options market lately.

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Forget Mixed Airlines Earnings: Play JETS ETF on Upbeat Outlook

The U.S. airline industry delivered a mixed performance in the first quarter of 2023. With recovering demand, capacity is expected to go up ahead. Play airlines ETF on upbeat outlook.

Airline Stock Roundup: Q1 Earnings Reports of AAL, LUV, ALK & Others

Upbeat air-travel demand aids the Q1 results of American Airlines (AAL) and JetBlue (JBLU).

JetBlue Airways (JBLU) Q1 Earnings & Revenues Beat Estimates

JetBlue's (JBLU) Q1 operating revenues climb 34.1% year over year.

Secretary Buttigieg: We need to 'modernize FAA systems'

Last winter, seasonal storms decimated flight schedules proving the need for infrastructure improvements for the Federal Aviation Administration's systems. Moreover, as airlines faced pilot and other labor shortages, passengers have noticed an ongoing decline in the quality of U.S. air travel from flight delays, cancellations, and even engine fires. In an interview with Yahoo Finance's Julie Hyman, Brian Sozzi and Brad Smith, U.S. Department of Transportation Secretary Pete Buttigieg said, "Air traffic control staffing is not the main reason for cancellations and delays, but it is a factor." Buttiegieg adds that to keep that factor from growing, "we've got to have the tools to invest in the people and invest in the technology to modernize FAA systems. Many of these are legacy systems. They've obviously done an incredible job... but that's not something that's just going to keep going on its own." Key video moments: 00:00:05 Air traffic control hiring 00:00:20 Modernizing legacy systems 00:00:50 FAA & Pres. Biden's budget Watch our full conversation with U.S. Transportation Secretary Pete Buttigieg here.

JetBlue Airways Corporation (NASDAQ:JBLU) is favoured by institutional owners who hold 71% of the company

Key Insights Significantly high institutional ownership implies JetBlue Airways' stock price is sensitive to their...

GAP stock declines as retailer is set to cut jobs: WSJ

Yahoo Finance Live’s Rachelle Akuffo discusses how trending tickers JetBlue, GAP, 3M, General Electric, and Raytheon Technologies stocks are moving into the noon hour.

Compared to Estimates, JetBlue (JBLU) Q1 Earnings: A Look at Key Metrics

While the top- and bottom-line numbers for JetBlue (JBLU) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

JetBlue Airways (JBLU) Reports Q1 Loss, Tops Revenue Estimates

JetBlue (JBLU) delivered earnings and revenue surprises of 10.53% and 0.24%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?