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The Latest Breaking News from JetBlue Airways

American Airlines (AAL) vs. JetBlue Airways (JBLU) - Analyzing 2024 Market Dominance

The airline industry has bounced back strongly since last year due to strong travel demand. With air traffic expected to surpass the pre-pandemic levels this year, the airliners are expected to benefit. Let’s compare the fundamentals of American Airlines Group (AAL) and JetBlue Airways (JBLU) to determine a better investment…

StockNews.com

JetBlue and Spirit abandon their decision to merge after it was blocked by a judge

JetBlue and Spirit said it'd be best if they remain separate companies as they don't believe they'll be able to merge by the time the agreement is up in July.

WEKU

Stock Market Today: Dow Sinks 524 Points After January CPI Shocker

Following today's inflation data, the market now expects the Fed to start cutting rates in June vs May.

Kiplinger

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U.S. judge blocks JetBlue's acquisition of Spirit, saying deal would hurt consumers

JetBlue, the nation's sixth-largest airline, sought to buy Spirit for $3.8 billion. The judge said "the consumers that rely on Spirit's unique, low-price model would likely be harmed."

WEKU

Biden administration takes on JetBlue as its fight against industry consolidation goes to court

The Biden administration and JetBlue Airways are facing off in court over the Biden administration's effort to stop JetBlue from buying Spirit Airlines

The Independent UK

3 Stocks to Avoid as Oil Prices Soar

Rising fuel expenses, ongoing regulatory challenges, and lackluster share price performance make these three stocks particularly unappealing as oil prices linger near their recent highs.

Barchart

JetBlue Airways (JBLU) and Spirit Airlines (SAVE): Are These Airline Stocks a Buy or Sell?

The airline industry is facing macroeconomic headwinds and staff shortages. So, let's analyze the fundamentals of JetBlue Airways (JBLU) and Spirit Airlines (SAVE) to determine whether these stocks are a Buy or Sell.

StockNews.com

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American Airlines flies to record second-quarter revenues and $1.3 billion profit

American Airlines reported total revenue of $14.1 billion in its second quarter, the highest quarterly revenue in the airline’s history, as international travel demand spiked this year.

Tribune News Service

American Airlines, JetBlue will stop ticket sales on each other’s flights

American Airlines and JetBlue Airways will stop selling tickets on each other’s flights after a federal court’s ruling struck down a long-term partnership.

Tribune News Service

JetBlue won’t appeal antitrust ruling that struck down American Airlines alliance

DALLAS — JetBlue Airways won’t appeal a federal court’s ruling that struck down a long-term partnership with Fort Worth-based American Airlines, instead focusing attention on a proposed merger with budget carrier Spirit Airlines.

Tribune News Service

Which Stock is Flying Higher: JetBlue Airways (JBLU) or American Airlines (AAL)?

Driven by robust demand, the airline industry is recovering and is projected to achieve profitability this year. While prominent players JetBlue Airways (JBLU) and American Airlines (AAL) should benefit, which stock is the better buy now? Read more to find out.

StockNews.com

Is JetBlue Airways (JBLU) a Good Summer Stock to Watch?

With the summer travel season upon us, airline operator JetBlue Airways (JBLU) is expanding its operations. However, with its Northeast Alliance (NEA) dismantling, should this stock be a watchlist addition? Let’s look at its financial metrics to understand….

StockNews.com

Which Airliner Is a Better Buy: American Airlines (AAL) vs. JetBlue Airways (JBLU)

The pandemic had put enormous pressure on the airline industry as travel demand took a hit. However, travel demand has bounced back strongly over the past year and is likely to continue its momentum, thereby boosting demand for air travel. This is good news for airlines like American Airlines Group…

StockNews.com

US judge rules against American Airlines, JetBlue partnership

Judge Leo Sorokin called the alliance a threat to ‘full-throated competition’ in the US airline industry.

Al Jazeera

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Tribune News Service

Judge strikes down American Airlines, JetBlue alliance in antitrust triumph for Biden

The Department of Justice ruled on Friday that American Airlines and JetBlue Airways must dismantle the carriers’ long-term partnership.

Tribune News Service

Four states join US suit against JetBlue buyout of Spirit

JetBlue Airways on Monday said it is “unfortunate” that another four states have joined a federal lawsuit against its buyout of Miramar-based Spirit Airlines, saying their position would only help tighten the grip that bigger airlines hold over the U.S. marketplace.

Tribune News Service

DOJ files suit to block JetBlue-Spirit Airlines merger

The Justice Department on Tuesday filed an antitrust lawsuit against JetBlue Airways’ proposed $3.8 billion acquisition of Spirit Airlines — a merger that would create the fifth-largest U.S. airline.

The Independent UK

Biden administration sues to block JetBlue from buying Spirit Airlines

The Biden administration is suing to block JetBlue Airways from buying Spirit Airlines, saying the deal would reduce competition and drive up air fares for consumers

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WEKU

DOJ sues to block JetBlue-Spirit merger, saying it will curb competition

The Biden administration sued on Tuesday to block the $3.8 billion purchase, saying the deal would reduce competition and drive up air fares for consumers.

The Independent UK

US sues to block JetBlue from buying Spirit Airlines

The Biden administration is suing to block JetBlue Airways from buying Spirit Airlines, saying the deal would reduce competition and drive up air fares for consumers

Roll Call

DOJ files suit to block JetBlue-Spirit Airlines merger - Roll Call

The Justice Department filed an antitrust lawsuit against JetBlue Airways’ proposed $3.8 billion acquisition of Spirit Airlines.

Tribune News Service

JetBlue mounts full-court press for Spirit buyout approval

JetBlue Airways CEO Robin Hayes was unequivocal when asked what he’d do if the U.S. Justice Department blocked his airline’s proposed buyout of Spirit Airlines, South Florida’s low-cost hometown air carrier.

Miami Herald

Spirit shareholders approve sale to JetBlue. Tough scrutiny expected though to gain regulatory approval

Florida-based Spirit Airlines said its shareholders voted Wednesday to approve the airline’s $3.8 billion sale to New York-based JetBlue Airways, clearing the next step in a long road to combine the two airlines.

Tribune News Service

Spirit shareholders ready to vote on JetBlue takeover

The marriage proposal that Spirit Airlines originally rejected from JetBlue Airways is set to go before the South Florida carrier’s shareholders on Wednesday, with industry analysts confident that it would pass with ease.

The Independent UK

JetBlue CEO first witness in US lawsuit against 2 airlines

A trial is underway in the federal government's lawsuit aiming to kill a partnership between American Airlines and JetBlue Airways in the Northeast

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