JetBlue CEO Dave Barger, discusses JetBlue's position in the airline industry, and consolidation in the space.» Read More
District Judge Colleen Kollar-Kotelly said the settlement, which required American to sell takeoff and landing rights at airports in the New York and Washington areas and airport gates in five other cities, was "within the reaches of the public interest." In Washington, the Justice Department's Antitrust Division welcomed the decision.
NEW YORK, April 25- At the end of a week that saw the top U.S. airline pilots' union win a ringing victory at JetBlue Airways, the union's head showed his willingness to offer both a carrot and a stick in future dealings with the industry.
In August, the U.S. Justice Department sued to block the merger of AMR Corp and US Airways, saying it would hurt consumers by leading to higher airfares. Several states including Arizona and Texas joined the lawsuit, filed in U.S. District Court for the District of Columbia.
CNBC's Carl Quintanilla discusses a report by Reuters that says JetBlue's flight attendants are pushing for a vote to join the transport workers union.
Some of the names on the move ahead of the open.
*American, Southwest top expectations as JetBlue trails. April 24- American Airlines Group and Southwest Airlines posted profits that beat forecasts in the first quarter, even though harsh winter weather prompted many flight cancellations in the seasonally weak period.
Some of Thursday's midday movers:
JetBlue reported lower quarterly profits as salary increases boosted operating expenses. Dave Barger, JetBlue Airways CEO & president, discusses the company's weak Q1 earnings report.
April 24- JetBlue Airways Corp on Thursday reported lower quarterly profit that fell short of estimates as higher salaries boosted operating expenses. JetBlue said it canceled 4,100 flights because of severe winter weather, which reduced revenue by about $50 million and profit by about $35 million.
Apple dazzled investors with a big earnings beat, another big buyback and a dividend hike that should boost sentiment up and down Wall Street.
CAMPINAS, Brazil, April 23- Brazil's third-biggest airline, Azul Linhas Aereas, unveiled plans on Wednesday to add 11 wide-body jets from European planemaker Airbus to start service to the United States. The selection of Airbus planes, first reported on Tuesday by Reuters, is another blow to U.S. rival Boeing Co in Latin America's biggest market.
*Gilead Sciences rises in premarket after results. *Key earnings on tap; Apple, Facebook out after the close. *Gilead Sciences Inc rose 3.8 percent to $75.60 in heavy premarket trading a day after the drugmaker reported a sharp increase in its quarterly profit, helped by sales of its hepatitis C drug.
PARIS/ SAO PAULO, April 22- Azul Linhas Aereas, Brazil's third-biggest airline, is set to announce a fleet expansion on Wednesday including an order for its first wide-body aircraft from European planemaker Airbus, according to two people with knowledge of the deal.
PARIS/ SAO PAULO, April 22- Brazil's third-biggest airline, Azul Linhas Aereas, is set to announce a fleet expansion on Wednesday including an order for its first wide-body aircraft from European planemaker Airbus, according to two industry sources.
PARIS/ SAO PAULO, April 22- Brazil's third-biggest airline, Azul Linhas Aereas, is set to announce a fleet expansion on Wednesday including an order for its first wide-body aircraft from European planemaker Airbus, according to two industry sources. Airbus and U.S. rival Boeing Co battle intensely for such orders.
April 22- JetBlue Airways Corp pilots voted on Tuesday to join the Air Line Pilots Association union, opting to have a bargaining agent after rejecting unionization in two prior votes. Shares of JetBlue were down 1.9 percent to $8.59 in afternoon trading.
JetBlue pilots voted to join the Air Line Pilots Association union, becoming the first employee group at the carrier to choose a bargaining agent.
April 22- JetBlue Airways Corp pilots voted on Tuesday to join the Air Line Pilots Association union, becoming the first employee group at the discount carrier to choose a bargaining agent. JetBlue has about 2,600 pilots. Shares of JetBlue were down about 3 percent at $8.48 on Tuesday afternoon on the Nasdaq.
Seventy percent of the JetBlue pilots have voted to join ALPA, reports CNBC's Phil LeBeau.
The ACSI Travel Index is based on random interviews with more than 7,400 U.S. customers of airlines, hotels and Internet travel websites from October 2013 to March 2014.