Posted 3/20/2024, 1:25:15 AM
JetBlue Cuts Flights, Cities Amid Engine Woes, Losses; Focuses on Independent Growth After Failed Deals
- JetBlue ending flights to several cities including Kansas City, Bogota, Quito, Lima, and reducing flights from Los Angeles
- Changes help airline cope with grounding some planes for engine inspections
- JetBlue has lost over $2 billion since last profitable year in 2019
- Federal judges blocked JetBlue's attempted partnership with American Airlines and acquisition of Spirit Airlines
- New CEO Joanna Geraghty taking over and focusing on growing JetBlue on its own after failed deals