During the American Airlines Investor Day on Monday afternoon, an analyst asked whether American would be open to re-starting its partnership with JetBlue. When the government sued to break up the deal, the judge in the case argued that it’s carving up who flies where that was an anti-trust violation. The judge’s decision was clear that a partnership along the lines of how American and Alaska Airlines work together in their ‘West Coast Alliance’ would have been legal.
jetblue
Tag Archives for jetblue.
JetBlue Walks Away From Spirit Airlines Deal: Here’s What They Should Do Instead
It seems clear that JetBlue is better off without the distraction and cost of a Spirit Airlines acquisition. They should work on a new American Airlines alliance similar to American’s deal with Alaska, which the anti-trust judge outlined would be permissible (and American in its earnings call said they’d consider a new partnership).
They need to get their operation under control, rebuild service to Boston, shift away from long haul international growth where they’re bleeding, and walk away from Southern California. Or else, expect Carl Icahn to dismantle the carrier and sell it for parts.
JetBlue Is Shrinking So Much, It Will Start Paying Pilots Not To Fly
Just a few months ago, JetBlue had a big plan for growth. Now they’re shrinking quickly. They offered buy out packages to non-union employees to reduce staff count. And now they’re offering to pay pilots not to fly.
Carl Icahn Swooping In On JetBlue
JetBlue Brings Back Marty St. George As New President
The airline lost anti-trust trials over its partnership with American Airlines and its acquisition of Spirit Airlines (for which it was likely overpaying, and would be taking on significant operational complexity to execute the merger). And its CEO announced his exit.
JetBlue elevated airline President Joanna Geraghty to CEO-designate. Now they’ve made another big move.
“Take Him Down!” Passengers Restrain Drunk Man on JetBlue Flight, But Police Just Let Him Go
A man on board the Airbus A321neo began to exhibit erratic and aggressive behavior towards his travel companion and the flight crew. He was clearly intoxicated, and not from overserving – but from overserving himself with a bottle of liquor he’d brought onto the aircraft.
Four off-duty prison guards and two flight attendants had to subdue the man, which was filmed and shared on social media. One person can be heard yelling “Take him down.”
Black Eye, Handcuffs, And A Barf Bag: Elderly Granny’s Fight With Flight Attendant Ends In Arrest
A 74-year-old retired flight attendant, Angela Siddell, alleges she received a black eye and was handcuffed on a JetBlue flight after a dispute over disposing a tea cup, leading her to file a lawsuit.
JetBlue Looks To Shrink, Offering Employee Buy Out Packages
JetBlue Airways is looking to shrink its staff, offering voluntary buyout packages employees including managers at headquarters. This represents a huge shift in strategy for the New York-based carrier.
JetBlue Could Terminate Its Merger With Spirit Airlines As Soon As Sunday
According to a form 8-K filed with the Securities and Exchange Commission, JetBlue has served notice that it may opt to terminate its agreement to buy Spirit Airlines. This termination could happen as early as Sunday.
JetBlue And Spirit Will Appeal Anti-Trust Ruling That Blocked Their Merger
When JetBlue lost, their stock soared. This is a bad deal for JetBlue shareholders, with the airline overpaying ($3.8 billion) for access to planes and pilots, and taking on the distractions, costs, and capital expenses of a merger and retrofit of Spirit Airlines aircraft. The federal government was doing them a favor by suing to block the deal.