Jetblue Airlines

As the airline industry continues to rebound from the COVID-19 pandemic, there has been speculation about potential mergers and acquisitions within the industry. One such rumor involves the possibility of JetBlue and Spirit Airlines joining forces. While some travelers may be concerned about a potential merger, there are arguments to be made that it could actually be beneficial for consumers. JetBlue and Spirit Airlines are two very different carriers, with distinct brand identities and target markets. JetBlue is known for its customer service and amenities, while Spirit is known for its low fares and à la carte pricing model. However,...

JetBlue Airways is expecting the U.S. government to block the proposed merger between Spirit Airlines and Frontier Airlines. The two budget airlines plan to merge to create the fifth-largest carrier in the U.S. by passenger numbers. However, JetBlue has written to the U.S. Department of Transportation and the Federal Aviation Administration to voice its opposition. JetBlue argues that the merger could increase prices for consumers and reduce competition, particularly on routes where the two airlines overlap. The merger would also create a significant dominant position for the merged airline at certain airports, which could negatively affect consumers. Spirit and Frontier...

Allegiant Travel and JetBlue Airways are both recovering airline stocks with the potential for growth in the current wave of demand for flights. Allegiant Travel achieved its highest-ever annual revenue in 2022, while JetBlue Airways returned to profitability in the second half of the year and achieved its best Q4 operating revenue in company history. While JetBlue has a better price-to-sales ratio and price-to-book ratio, it also has a significantly higher financial debt to EBITDA ratio, indicating that it would take the company nearly twice as long to cover its debts as Allegiant. Therefore, Allegiant Travel stock is viewed as...

Domestic flight prices for peak summer months are getting cheaper in the US, with airlines offering deals on popular summer vacation destinations. For instance, JetBlue ran a “Spring Sale” which included some extremely cheap fares for flights to Cape Cod, Martha's Vineyard and Nantucket which extended well into June, and other airlines had to match them to stay competitive. Furthermore, availability during peak summer months has been popping up for other US vacation spots like Myrtle Beach, South Carolina, and Destin, Florida. Travel website, Thrifty Traveler Premium, has released a list of some of the best summer flight deals, which...

The possibility of a merger between two low-cost airlines, JetBlue and Spirit, has been a topic of discussion in the aviation industry. While there are concerns about the impact such a merger could have on competition and prices for consumers, there are also potential benefits to consider. On one hand, a merger between JetBlue and Spirit would create a formidable competitor to larger airlines such as Delta and American. This could lead to increased competition and potentially lower prices for consumers. However, critics argue that the consolidation of the low-cost airline market could also mean higher prices and reduced choice...

JetBlue is seeking approval to merge with Spirit Airlines, but the U.S. Department of Justice is working to block the purchase. Airline mergers take more than just changing plane appearances, as airlines rent gates at airports, effectively gaining more gate control when they merge. This could negatively affect airfares as competition on some routes may be reduced. Studies suggest that airfares increase after airlines merge due to the variability of airfares, as measured by standard deviations, and the window of such analyses, making the conclusions far from certain. However, economies of scale are gained with size, as airlines operate with...

JetBlue Airways has agreed to a $3.6m settlement with flight attendants who claimed that the airline had violated California labour law. Filed in 2015, the flight attendants alleged that they were not paid for all hours worked and had received inaccurate wage statements, and also made claims under California’s Private Attorneys General Act. The act allows individuals to engage in litigation on behalf of the state over labour law violations. The settlement relates solely to the California-based staff involved in the lawsuit. Read further.

A Fort Bragg soldier was removed from a flight after using foul language and chasing others around the terminal, according to an arrest warrant. The soldier, identified as 29-year-old Jawon Jackson, was taken into custody on June 16th at Charlotte-Douglas International Airport. The warrant states that Jackson used "loud and profane language" and chased others through the gate and terminal while waiting for his flight. Reports indicate that Jackson may have been drunk or under the influence of other substances at the time of the incident. Witnesses reported Jackson being disruptive while waiting to board his flight, and the airline...

The Justice Department plans to block the $3.8 billion merger deal between JetBlue and Spirit Airlines, citing concerns that it would lead to higher ticket prices and fewer choices for consumers. Attorney General Merrick Garland says the deal would exacerbate concentration and further stifle competition in the airline industry, where only four major airlines, American, United, Delta, and Southwest, control 80% of the market. The Department's statistics show that when low-cost carriers like Spirit introduce a new route, the average ticket price falls by 17%, and Associate Attorney General Vanita Gupta argues that the merger would hurt those travelers who...