JetBlue (JBLU) posted a $22 million dollar loss and lowered its 2007 forecast for a third time since a February ice storm left some passengers stranded for as many as 10 hours. Will shares of Jet Blue ever take off?
Jet Blue Chief Executive David Neeleman joins the conversation on the Fast Line to explain his company’s new flight plan.
Dylan Ratigan says the chart tells the story. The stock is down 25% with the bulk of the declines coming during that customer service debacle two months ago
Dylan asks if the worst is over.
Neeleman says the ice storm was a one time event. The company's recent $41 million dollar loss stems from the free travel JetBlue gave customers to compensate them for the February delays.