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JBLU News30 articles
Emirates Cuts A380 Service on 10 Routes as Fuel Costs and Airspace Issues Hit Airlines
Emirates cuts A380 flights on 10 routes as fuel costs and airspace issues pressure airlines. IATA lowers 2026 profit forecast to $23 billion, with capacity cuts and higher fares expected.
Iran Conflict Drives Jet Fuel Surge, Squeezing Airline Margins
JetBlue shares plunged 9% after raising its Q2 fuel-cost forecast, highlighting investor fears as the Iran war drives jet fuel prices to record highs and squeezes airline margins.
American Airlines Stock Struggles Despite Analyst Price Target Hike
American Airlines stock slips 2% premarket as rising fuel costs and index removal offset a Morgan Stanley price target upgrade.
American Airlines Slips as Fuel Costs Weigh, Dow Exit Confirmed
American Airlines shares slipped in premarket trading as it exited the Dow Jones Transportation Average, while JetBlue raised its Q2 fuel cost forecast due to Strait of Hormuz disruptions.
Spirit's Collapse Looms Over Summer Travel, Airfares Set to Rise
Spirit Airlines' May 2 shutdown, driven by rising fuel costs and funding gaps, is pressuring summer airfares as competitors scramble to fill routes.
JetBlue Slashes 11 Routes, Pivots to Fort Lauderdale After Spirit Shutdown
JetBlue is dropping 11 routes, exiting Manchester-Boston, and doubling down on Fort Lauderdale after Spirit Airlines ceased operations. The airline reported a $319M Q1 loss.
JetBlue cancels 12 routes, shifts focus to Fort Lauderdale after Spirit exit
JetBlue is axing 12 routes, exiting Manchester-Boston Regional Airport, and redeploying capacity to Fort Lauderdale after Spirit Airlines' shutdown boosted competition.
Delta to End Complimentary Snacks on Short-Haul Flights Starting May 19
Delta Air Lines (DAL) will eliminate complimentary snacks and drinks in Main Cabin and Delta Comfort on flights under 350 miles starting May 19, impacting roughly 9% of daily flights due to rising fuel costs.
Spirit Airlines Grounding Offers Temporary Relief for Pratt & Whitney Engine Shortage
Spirit Airlines' grounded A320neo fleet is releasing Pratt & Whitney GTF engines into a tight spare market, offering temporary relief for airlines. However, lease rates remain high and delays persist.
Grassroots Effort to Rescue Spirit Airlines Faces Liquidation Reality
A social media campaign to buy Spirit Airlines has raised $132 million in non-binding pledges, but bankruptcy liquidation is already underway, with assets being sold off.
Alaska Air $500M Debt Sale Highlights War-Driven Fuel Cost Squeeze
Alaska Air Group issued $500M in senior notes to offset soaring jet fuel costs caused by the Iran war, joining American and JetBlue in tapping debt markets.
Spirit Airlines Parent Files for Asset Liquidation After Shutdown
Spirit Aviation Holdings files for asset sale after Spirit Airlines ceases operations. JetBlue and Frontier expand routes to capture stranded travelers.
Delta Cancels Over 400 Flights as Crew Shortages Threaten Summer Travel
Delta Air Lines canceled over 400 flights in a weekend as crew shortages, especially pilot staffing, hit ten times historical levels, threatening the busy summer travel season.
Frontier Capitalizes on Spirit's Collapse with Rescue Fares and Route Expansion
Frontier Airlines rolls out deep discounts and a summer pass for stranded Spirit travelers, adding routes in former Spirit markets. Shares rose 10% ahead of Q1 earnings.
JetBlue Expands Routes, Offers Rescue Fares After Spirit's Collapse
JetBlue Airways announced 11 new Fort Lauderdale routes and $99 rescue fares for stranded Spirit Airlines customers after Spirit canceled all flights and began winding down operations.
Spirit Airlines Grounds All Flights Amid Funding Crisis, Stranding Over 800,000 Passengers
Spirit Airlines shuts down immediately after failing to secure funding, canceling all flights and affecting over 800,000 booked passengers. Competitors step in with discounted fares.
Tech, Energy, and Autos in Focus as Markets Open Amid Inflation Jitters
U.S. stocks open at record highs Monday, but March inflation surged and factory input costs hit a four-year peak. Oil prices rose on Strait of Hormuz tensions, while Spirit Airlines ceased operations.
JetBlue Gains on Hopes of Spirit Shutdown; Fuel Costs Still Bite
JetBlue shares rose 4.4% Friday amid speculation that a Spirit Airlines shutdown could ease competition, despite the airline posting a wider Q1 loss and grappling with higher fuel expenses.
Spirit Airlines Faces Imminent Closure After $500M Federal Rescue Fails
Spirit Airlines is preparing to shut down after failing to secure a $500 million U.S. bailout, jeopardizing over 17,000 jobs and billions in claims.
Spirit Airlines Rescue Talks Stall as Bankruptcy Hearing Postponed
Spirit Airlines postponed its bankruptcy hearing as negotiations for a $500 million U.S. government rescue continue. Flights remain operational, but creditor opposition and surging fuel costs pose risks.
White House Considers $500M Lifeline for Spirit Airlines Amid Fuel Crisis
The White House is nearing a $500 million loan agreement for Spirit Airlines, which faces collapse due to soaring fuel prices. The administration also opposes a potential merger between United and American Airlines.
United CEO Evades American Merger Questions Amid Political Headwinds, Fuel Pressures
United Airlines CEO Scott Kirby declined to address potential merger interest with American Airlines, maintaining speculation after President Trump voiced opposition. United trimmed its 2026 forecast as rising jet-fuel costs pressure margins.
Spirit Airlines Seeks Federal Equity Stake to Avoid Liquidation
Spirit Airlines is negotiating a potential federal equity investment to secure emergency funding, with rising jet fuel expenses threatening its solvency. The budget carrier faces liquidation risk without immediate relief.
Norse Atlantic Axes LA Summer Routes Amid Fuel Price Surge, Seeks $180M Lifeline
Norse Atlantic Airways has scrapped its entire summer schedule from Los Angeles to European hubs, blaming a sharp rise in jet fuel prices. The airline simultaneously announced a $110 million rights issue and secured a $70 million bridge loan.
American Airlines Soars on Merger Speculation with United
American Airlines shares jumped roughly 8% Tuesday following a Reuters report that United Airlines CEO Scott Kirby raised the idea of a merger with American during a February meeting with former President Donald Trump. No formal talks have been confirmed.
Asia Air Travel Stabilizes Amid Lingering Gulf Route Disruptions
Key Asian airports operated smoothly Monday, avoiding widespread shutdowns, though airlines continue to cut Gulf routes. Jet fuel shortages and longer flight paths are driving up operational expenses.
Delta Axes LA-Anchorage Summer Route Amid Soaring Fuel Costs, Airport Delays
Delta Air Lines has canceled its planned summer nonstop service between Los Angeles and Anchorage, citing skyrocketing fuel expenses. Concurrently, Ted Stevens Anchorage International Airport is experiencing significant delays due to slush and deicing operations.
Wall Street Gains as Airlines, Tech Lift Sentiment Ahead of Fed Decision
Major U.S. stock indices rose Tuesday, led by airline and technology shares, as investors awaited the Federal Reserve's policy update. Goldman Sachs cautioned that an oil supply disruption could drag the S&P 500 lower.
American Airlines Lifts Q1 Revenue Forecast as Demand Surges, Fuel Costs Weigh
American Airlines shares rose after the carrier upgraded its first-quarter revenue guidance, citing robust travel demand. However, elevated fuel expenses are expected to keep quarterly losses near the high end of its forecast.
JetBlue Shares Dip Amid Oil Price Surge, Barclays Adjusts Stance
JetBlue Airways shares declined in premarket activity following a spike in crude oil prices, with Barclays upgrading the stock while highlighting persistent industry challenges.