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The U.S. Supreme Court rejected on Monday a request by American Airlines to overturn a judicial decision that found that the company's now-scrapped U.S. Northeast partnership with JetBlue Airways violated federal antitrust law.
Everything seems to be going wrong for JetBlue Airways (JBLU 1.78%) these days. After all, airline stocks aren't the best place for investors right now, and JetBlue is doing worse than any of them, down 45% on a year-to-date basis.
The expansion aims to enhance the customer experience with expanded cruise portfolio offerings, strengthening JBLU's position as a major tourism partner in all aspects.
The Investment Committee discuss their strategy on some stocks on the move today.
DANIA BEACH, Fla.--(BUSINESS WIRE)--Paisly, LLC, JetBlue's (Nasdaq: JBLU) wholly-owned travel subsidiary and a tech-enabled managed travel services company, today announced the expansion of its cruise portfolio with the addition of four cruise line partners: Holland America Line, Cunard, Virgin Voyages, and Oceania Cruises. This significantly expands Paisly's existing cruise offering and enhances its ability to deliver more personalized, loyalty-integrated cruise experiences to its airline part.
JetBlue Airways' second-largest investor, Vladimir Galkin, is threatening to sell his near 10% stake in the struggling air carrier if the company's cost-cutting plan and other broader efforts fail to turn around its performance.
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today announced its ‘25 for 25' promotion, continuing the airline's 25th birthday year celebration with a once-in-a-quarter-century opportunity for TrueBlue members to earn massive rewards. From June 25 through December 31, 2025, TrueBlue members can earn up to 350,000 bonus TrueBlue points and even secure 25 years of Mosaic 1 status just by exploring more of JetBlue's expansive network. The more destinations a TrueBlue member visits, the more b.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
JetBlue rolls out in-app bag tracking and Apple AirTag integration to enhance its baggage service and boost customer confidence.
JetBlue Airways Corp. JBLU CEO Joanna Geraghty told employees on Tuesday that the company is rolling out additional cost-saving measures due to weaker travel demand, making it unlikely the airline will reach break-even margins this year.