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Search resuls for: "JetBlue Airbus A321neo"


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JetBlue Airways said Wednesday that it is seeking U.S. Department of Transportation approval to pair up with British Airways so the airlines could each expand their networks. The code-sharing agreement includes 75 destinations in the United States — 39 from New York and 36 from Boston — and 17 cities in Europe. Airlines frequently turn to code-sharing agreements, which allow carries to sell seats on airline partner's flights, to grow in regions outside their network. American Airlines also has a more than decade-old joint venture with British Airways across the Atlantic that is more involved than a code-sharing agreement. JetBlue's request for an agreement with British Airways comes a year after a federal judge struck down JetBlue's partnership with American in the U.S Northeast, which sought to allow the carriers to coordinate schedules and routes.
Persons: British Airways didn't Organizations: JetBlue Airbus A321neo, AMS EHAM, JetBlue Airways, U.S, Department of, British Airways, Boston —, Airlines, American Airlines, JetBlue, United, Delta Air Lines, Paxex Aero, U.S . American, American Locations: Amsterdam, Netherlands, United States, New York, Europe, Paris, Dublin, Edinburgh, U.S
JetBlue Airways shares tumbled more than 10% in premarket trading Tuesday after the airline lowered its 2024 revenue forecast, a setback as it tries to return to profitability. The carrier said second-quarter revenue would likely drop as much as 10.5% on the year, more than double the decline analysts polled by LSEG expected. JetBlue has been on a cost-cutting spree, culling unprofitable routes, and focusing on those with steady demand and high sales for premium seats. JetBlue earlier this year said it would defer $2.5 billion in aircraft spending until the end of the year. Revenue dropped 5.1% from last year to $2.21 billion, matching LSEG revenue expectations.
Persons: LSEG, Joanna Geraghty, Pratt Organizations: JetBlue Airbus A321neo, AMS EHAM, JetBlue Airways, JetBlue, Spirit Airlines, Pratt & Whitney, Revenue Locations: Amsterdam, Netherlands, New York, Delta, America
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