Transports stocks are down thanks to the underperformance of major airlines. » Read More
Oct 25- JetBlue Airways Corp posted a higher quarterly profit on Thursday, as it gained business passengers and benefited from summer travel. Net income was $45 million, or 14 cents a share, in the third quarter, compared with $35 million, or 11 cents a share, a year earlier. Revenue rose 9 percent to $1.3 billion.
NEW YORK-- JetBlue Airways Corp. said Thursday its third-quarter net income rose 29 percent as higher traffic from an ongoing expansion in Boston and the Caribbean offset the impact of slightly lower fares. The New York airline earned $45 million, or 14 cents per share, compared with $35 million, or 11 cents per share, in the third quarter a year ago.
Oct 11- Buckeye Partners LP rejected allegations by four major U.S. airlines that it was overcharging to transport jet fuel to New York City area airports and requested that the Federal Energy Regulatory Commission dismiss the complaint.
Oct 11- Buckeye Partners LP:. *Files answer to airlines' complaint. *Complaint was filed by Delta Air Lines JetBlue Airways united/continental air lines, and US Airways.
Oct 10- JetBlue Airways Corp:. *September load factor 78.6 percent, down 1.2 points. *Says traffic in September increased 6.1 percent from September 2011.
NEW YORK-- An analyst on Thursday cut his earnings estimates for JetBlue Airways Corp. because the price of fuel hasn't dropped as much as he expected after Labor Day. Sterne Agee analyst Jeffrey Kauffman cut his profit forecast for the New York airline's third quarter to 16 cents per share from a previous expectation of 22 cents per share.
Thinking of leaving the country if you hate the thought of an Obama re-election or a Romney victory? Here's your chance to flee for free.
NEW YORK-- In a marketing gimmick that piggybacks on next month's presidential election, JetBlue is offering a way for Americans to make good on threats to leave the country if "the other guy" wins.
Dave Barger, CEO of JetBlue, talks about the critical crude oil levels for the airline industry.
Dave Barger, CEO of JetBlue, talks about tracking WTI.
Frontier Airlines caused a stir when it announced travelers who don't book directly with the airline will pay higher fees. But do the best deals always come from travel agencies? The New York Times investigates.
On a day when United Airlines was basking in the glow of being the first U.S. Airline to take delivery of a 787 Dreamliner, its CEO admits his airline has to do better.
JetBlue says it will offer in-flight Wi-Fi to passengers beginning in early 2013. And the service will initially be free.
Frontier is offering more services who book directly on their website, instead of online travel destinations such as Expedia. Will more airlines follow suit?
American Airlines and US Airways are sharing confidential information to analyze a potential merger. But would such a marriage lead to higher fares and fewer flights?
Nearly every major airline has issued travel waivers allowing flexible rebooking of flights impacted by Tropical Storm Isaac.
From all-inclusive airfares to convenient frequent flier perks, a survey reveals what airlines can do to attract passengers and keep them loyal.
Many airlines are installing thinner seats, shrinking legroom and adding additional rows. Find out what's in store for your knees on these U.S. airlines.
An airfare increase led by Southwest Airlines on Friday was matched by most airlines, bringing higher fares even as the peak summer travel period winds down.
Delta Air Lines on Wednesday rolled back its latest attempt to increase airfares after competitors failed to match it.