INSIDER
Stock market today: Rising tech stocks send Nasdaq to a record as most of Wall Street stumbles
Read full article: Stock market today: Rising tech stocks send Nasdaq to a record as most of Wall Street stumblesRising technology stocks sent the Nasdaq composite to a record, but trading was mixed along the rest of Wall Street.
JetBlue will imitate bigger and more successful rivals by opening airport lounges at JFK, Boston
Read full article: JetBlue will imitate bigger and more successful rivals by opening airport lounges at JFK, BostonJetBlue Airways plans to open its first airport lounges as part of a plan to get more business from premium travelers.
Stock market today: Most of Wall Street slips as S&P 500 stays on track for worst week since April
Read full article: Stock market today: Most of Wall Street slips as S&P 500 stays on track for worst week since AprilMost U.S. stocks fell following a mixed round of data on the economy, keeping them on track for their worst week since April.
The US fines Middle Eastern airline Emirates $1.8 million for flights that passed too low over Iraq
Read full article: The US fines Middle Eastern airline Emirates $1.8 million for flights that passed too low over IraqThe United States has imposed a $1.8 million fine against Middle Eastern airline Emirates for flights that passed too low over Iraq, in violation of U.S. restrictions.
Court sets June hearing for JetBlue and Spirit appeal of a ruling blocking their $3.8 billion merger
Read full article: Court sets June hearing for JetBlue and Spirit appeal of a ruling blocking their $3.8 billion mergerJetBlue and Spirit Airlines have to wait until June for a chance to save their $3.8 billion merger.
Stock market today: Wall Street closes its 12th winning week in the last 13 with a mixed finish
Read full article: Stock market today: Wall Street closes its 12th winning week in the last 13 with a mixed finishWall Street closed its latest winning week with a mixed finish, as drops for technology stocks dragged on the market.
JetBlue's $3.8 billion buyout of Spirit Airlines is blocked by judge citing threat to competition
Read full article: JetBlue's $3.8 billion buyout of Spirit Airlines is blocked by judge citing threat to competitionA federal judge has sided with the Biden administration and blocked JetBlue Airways from buying Spirit Airlines.
Stock market today: Asian shares retreat after a lackluster day on Wall St, but Tokyo jumps 2%
Read full article: Stock market today: Asian shares retreat after a lackluster day on Wall St, but Tokyo jumps 2%Asian shares have retreated after a lackluster session on Wall Street, though Tokyo broke ranks, gaining more than 2% as a weaker yen lifted stock prices for export manufacturers like Sony and Kyocera.
Stock market today: Wall Street rises ahead of Friday's jobs report to snap a 3-day losing streak
Read full article: Stock market today: Wall Street rises ahead of Friday's jobs report to snap a 3-day losing streakWall Street closed higher to break out of its first three-day losing streak since Halloween.
A trial deciding if JetBlue can buy Spirit — and further consolidate the industry — nears its end
Read full article: A trial deciding if JetBlue can buy Spirit — and further consolidate the industry — nears its endJetBlue says it needs to buy Spirit Airlines to compete with bigger airlines in a post-Covid travel world.
In court documents, JetBlue says it could raise fares on some routes after buying Spirit Airlines
Read full article: In court documents, JetBlue says it could raise fares on some routes after buying Spirit AirlinesJetBlue says in court filings that it could raise fares on some routes by up to 40% if it succeeds in buying Spirit Airlines.
JetBlue warns of a possible 3Q loss as it ends a deal with American and faces flight disruptions
Read full article: JetBlue warns of a possible 3Q loss as it ends a deal with American and faces flight disruptionsJetBlue shares are losing altitude as the airline warns that third-quarter and full-year results will be worse than it had previously expected.
Stock market today: Asian shares slip echoing Wall Street's retreat from rally
Read full article: Stock market today: Asian shares slip echoing Wall Street's retreat from rallyAsian shares have fallen after Wall Street took a step back from its big rally as markets tried to digest a slew of earnings.
American Airlines says it will appeal a ruling that would break up a partnership with JetBlue
Read full article: American Airlines says it will appeal a ruling that would break up a partnership with JetBlueAmerican Airlines says it will appeal a court ruling that would break up a partnership with JetBlue.
American Airlines and JetBlue must abandon their partnership in the Northeast, federal judge rules
Read full article: American Airlines and JetBlue must abandon their partnership in the Northeast, federal judge rulesAmerican Airlines and JetBlue must give up their partnership in the northeast U.S. That's what a federal judge in Boston ruled on Friday.
Frontier CEO talks about airline merger, travel outlook
Read full article: Frontier CEO talks about airline merger, travel outlookBarry Biffle is juggling his day job as CEO of Frontier Airlines while also working to save a proposed merger with Spirit Airlines that would create the nation’s fifth-biggest carrier by some measures.
JetBlue cancels nearly 1,300 flights through mid-January as virus sidelines staff
Read full article: JetBlue cancels nearly 1,300 flights through mid-January as virus sidelines staffAirline cancellations surged for a seventh straight day and threatened to throw off weekend flights home for holiday travelers.
American, JetBlue ask court to toss US lawsuit against deal
Read full article: American, JetBlue ask court to toss US lawsuit against dealAmerican Airlines and JetBlue are asking a federal judge to throw out the government's effort to block a deal between the two airlines that has them working together on service in the Northeast.
JetBlue considers whether to leave NYC and move to Florida
Read full article: JetBlue considers whether to leave NYC and move to FloridaFILE- This March 16, 2017, file photo, shows a JetBlue airplane at John F. Kennedy International Airport in New York. JetBlue Airways is considering whether to keep its headquarters in New York or move to Florida. The airline has been based in the Queens neighborhood of Long Island City since it started flying in 2000. (AP Photo/Seth Wenig, File)NEW YORK – JetBlue Airways is considering whether to stay in New York, where it was founded two decades ago, or move its headquarters to Florida. She said more than 1,300 employees work at the headquarters in Long Island City, across the East River from Manhattan.
JetBlue adding daily nonstop flight from Jacksonville to Los Angeles
Read full article: JetBlue adding daily nonstop flight from Jacksonville to Los AngelesJACKSONVILLE, Fla. – JetBlue Airways will offer nonstop flights from Jacksonville International Airport to Los Angeles International Airport, starting March 25. JetBlue will offer daily nonstop service to LAX on a 162-seat Airbus A320, departing JAX at 5 p.m. and arriving at LAX at 7:49 p.m. PST. “Not only is Los Angeles one of our largest unserved destinations, we are one of theirs as well. This is a huge win.”This is JetBlue’s first daily nonstop service from JAX since a flight to Newark was added last July. For fares, reservations, comprehensive flight schedules and more information, visit www.jetblue.com.
JetBlue to provide nonstop flights from Jacksonville to Los Angeles & Raleigh-Durham
Read full article: JetBlue to provide nonstop flights from Jacksonville to Los Angeles & Raleigh-DurhamFILE - In this Oct. 18, 2019, file photo a JetBlue Airways flight flies into Salt Lake City International Airport in Salt Lake City. (AP Photo/Rick Bowmer, File)JACKSONVILLE, Fla. – JetBlue Airways will offer nonstop flights from Jacksonville International Airport to Los Angeles International Airport and Raleigh-Durham International Airport, the airline announced Thursday. The return flight will depart Los Angeles at 8 a.m. PST, arriving in Jacksonville at 3:33 p.m. EST. Flights to RDU will depart JAX at 12:50 p.m. EST and arrive at approximately 2:15 p.m. EST. “We look forward to their service connecting our two wonderful communities.”Thursday’s announcement comes after JetBlue started new nonstop flights from Jacksonville to Newark in July.
As virus cases rise, Southwest sees slower travel recovery
Read full article: As virus cases rise, Southwest sees slower travel recoveryDALLAS – Southwest Airlines cautioned Thursday that the tenuous recovery in air travel could be fading as coronavirus cases spike across the United States. Airline stocks surged on Monday after Pfizer reported promising early results from a trial of a coronavirus vaccine. The report from Dallas-based Southwest added to fears that the spreading virus cases will hurt travel demand heading into Thanksgiving, a key period for airlines. It is unclear whether the weakening booking trends is directly related to the surge in virus cases. Airline stocks fell more sharply than broader market indexes.
JetBlue rolling out cheaper fares, but there's a catch
Read full article: JetBlue rolling out cheaper fares, but there's a catchWorcester1012 via Wikimedia Commons(CNN) - JetBlue Airways is following its rivals by rolling out a new basic economy fare. Customers can bring carry-ons, and, as with most other classes of tickets, Blue Basic fliers will have to pay for checked baggage. JetBlue first announced it would develop a basic economy fare more than a year ago. The airline said in its third-quarter earnings report it expects to generate an additional $150 million in revenue from Blue Basic. Basic economy first began with ultra-low-cost carriers, including Spirit, before eventually being adopted by major airlines, including Delta, United and American Airlines.