Higher payroll and other expenses are eating into airline profits despite strong travel demand. Airlines have ramped up U.S. capacity, forcing some carriers to discount fares in off-peak periods.

The 7 Best Under $10 Stocks to Buy in July 2024

08:00am, Saturday, 06'th Jul 2024
Savvy investors are discovering rewarding opportunities in some of the best stocks under $10 a share. Years ago, I found Advanced Micro Devices (NASDAQ: AMD ) at $10 a share and watched it rocket abov
The airline industry was once a symbol of soaring growth, but recently, it has been navigating a turbulent environment. Rising operating costs, economic uncertainty, and operational disruptions have c
Citi Analyst Stephen Trent discusses which companies he sees succeeding as US airlines gear up for July 4 travel. He speaks on Bloomberg Television.

JetBlue Names Tracy Lawlor Chief People Officer

02:21pm, Wednesday, 26'th Jun 2024
NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced the appointment of Tracy Lawlor to chief people officer, effective immediately. Lawlor, a veteran of the airline for nearly 23 years,
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today announced it intends to apply with the U.S. Department of Transportation (DOT) for slot exemptions to operate a second daily low fare nonstop fl

3 Airline Stocks to Buy on the Dip: June 2024

06:10am, Wednesday, 26'th Jun 2024
Use weakness in airline stocks to buy on the dip as a buying opportunity. For one, most grounded airline stocks are technically oversold at support, which we can walk through in just a month.
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today announced it is elevating the value of its Blue Basic fare by including a free carry-on bag for customers flying beginning September 6, 2024, re
JetBlue's (JBLU) new move is likely to strengthen its competitive position in Mexico.
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today announced it will launch new daily jet service between Boston Logan International Airport (BOS) and Presque Isle International Airport (PQI), st
NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced it has officially launched service between New York's John F. Kennedy International Airport (JFK) and Tulum's Felipe Carrillo Puerto T
NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced the appointment of David Marcontell to be the airline's new vice president, technical operations starting June 17. In his new role, Ma
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today reinforced its role as New York's Hometown Airline® by announcing it will launch service for the first time from Long Island MacArthur Airport
JetBlue Airways' (JBLU) fleet modernization and debt reduction efforts are commendable. However, high operating costs hurt the company's bottom line.
Spirit is struggling in the wake of a failed takeover by JetBlue Airways and a Pratt & Whitney engine recall. CEO Ted Christie said the company isn't considering a chapter 11 bankruptcy filing.
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