Tag: $JetBlue

U.S. carrier JetBlue raised its second-quarter fuel costs forecast on Monday as shipping disruptions in the Strait of Hormuz ​entered a fourth month, increasing pressure on the global aviation industry due to ‌rising jet fuel prices.

JetBlue Airways Corp (JBLU) reported wider-than-expected fourth quarter losses on Tuesday, despite slightly exceeding revenue forecasts.

JetBlue Airways lost less money than Wall Street was expecting in the fourth quarter, but that wasn’t enough to stop the company’s shares sliding 5% ahead of the opening bell.

JetBlue Airways stock was rising and Spirit Airlines dropped sharply after a federal judge Tuesday blocked the proposed merger of the two airlines.

JetBlue Airways Corp. stock was down 6.1% in premarket trades on Tuesday after the carrier warned it would post a potential third-quarter loss due to competition with international travel and other challenges.

JetBlue JBLU +3.67% Airways ended its alliance with American Airlines Wednesday, choosing not to appeal against a court ruling ordering the pair to unwind their partnership.