The Latest Breaking News from JBLU

Frontier Airlines parent Frontier Group Holdings Inc (NASDAQ:ULCC) commented on Spirit Airlines Inc.'s (NYSE:SAVE) rejection of JetBlue Airways Corp's (NASDAQ:JBLU) offer. "We are pleased that the Spirit Board of Directors has again reaffirmed its commitment to combining with Frontier, which increases competition by bringing more ultra-low fares to more travelers and delivering substantial shareholder value," stated Barry…

The airline industry has faced several operational challenges due to travel restrictions and other routine disruptions since the onset of the pandemic. Moreover, the staffing shortages are proving to be a significant challenge in the industry, compelling carriers to pare-back flying. Given the scenario, we think downgraded stocks JetBlue Airways…

Over the past 3 months, 3 analysts have published their opinion on JetBlue Airways (NASDAQ:JBLU) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Spirit Airlines Inc (NYSE:SAVE) Board has agreed to engage in discussions with JetBlue Airways (NASDAQ:JBLU) concerning an all-cash transaction for $33/share. Related: Spirit Airlines Gets Second Takeover Bid This Year: What Investors Should Know Spirit remains bound by the terms of the merger agreement with Frontier Group Holdings, Inc. (NASDAQ:ULCC). Spirit's Board has not determined that JetBlue's proposal…

JetBlue Airways Corporation (NASDAQ: JBLU) has made a $33 per share offer for Spirit Airlines Incorporated (NYSE: SAVE), which equates to $3.7 billion in market capitalization, $7.4 billion in enterprise value and “

Airline stocks such as American Airlines (AAL) and JetBlue (JBLU) have trailed the broader markets in the last year. The two companies are expected to report losses in 2022 due to lower capacity, higher unit costs, and macro-economic uncertainty.

JetBlue Airways Corp (NASDAQ:JBLU) will be adding 5,000 jobs in New York City in 2022, stated the company and New York City Mayor Eric Adams. JetBlue will also work with the city to create a new workforce partnership to connect more New Yorkers with high-quality JetBlue jobs and develop a strong pipeline…

JetBlue Airways Corp (NASDAQ:JBLU) intends to expand its existing partnership with Qatar Airways to offer customers more benefits when booking travel to and from international destinations. The arrangement will include more codesharing in additional markets in the coming months, added benefits for JetBlue TrueBlue and Qatar Airways' Privilege Club loyalty members, expanded marketing…

Shares of JetBlue Airways (JBLU) have declined significantly over the past few months because of the setback tied to the omicron coronavirus variant and the Russian invasion of Ukraine. However, can it rebound by leveraging its services? Let’s find out.