JetBlue says delays could cost $30 mln
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JetBlue Airways Corp. said on Tuesday reimbursing passengers stuck on about 1,000 delayed flights and updating its operations to prevent further problems could cost the airline $30 million or more, sending its shares down more than 6 percent.
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Boeing Co  is set to announce a further delay to its 787 Dreamliner, a source familiar with the situation said on Tuesday, threatening to push deliveries of the new, hot-selling plane even further back and increasing the risk of costly penalty payments to airlines.
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Shares of JetBlue Airways Corp.  JBLU.O fell nearly 8 percent in premarket trading on  Wednesday after warning that the recent hurricanes in Florida  would hurt its earnings.
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The announcement that JetBlue, the struggling discount carrier, sold a 19 percent stake in its business to Lufthansa of Germany for $300 million Thursday, seemed to leave many analysts scratching their heads. "It's not clear to us what Lufthansa gains from such a transaction," William J. Greene, a Morgan Stanley analyst, wrote in a research note. [...].
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US airline JetBlue warns recent flight cancellations and high fuel prices will lead to widening losses.
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An escalating dispute between Airbus and jet-engine supplier General Electric Co  could delay deliveries of the European airplane maker's A350 extra wide body jet, the Wall Street Journal said on Monday.
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European aircraft maker Airbus is likely to announce further delays to its A380 superjumbo because of production problems with cabling, company sources said.
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JetBlue Airways Corp. said on Tuesday reimbursing passengers stuck on about 1,000 delayed flights and updating its operations to prevent further problems could cost the airline $30 million or more, sending its shares down more than 5 percent.
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Airlines hoping to begin flying the world's largest passenger aircraft will have to wait at least another year after the plane's European maker announced yesterday a third major delay in delivering the super-jumbo jet.
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As corporate jets take up an increasing share of the skies, they're being pressed to contribute more to aviation costs
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JetBlue Airways Corp., seeking to avoid a repeat of the public relations disaster it suffered earlier his month, said it notified travelers as quickly as possible of flight cancellations on Monday due to a new winter storm on the East Coast.
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JetBlue Airways Corp.'s second-quarter profit grew 50 percent on growing passenger volumes, but the company announced plans to slow its growth in the wake of a February debacle in which an ice storm forced the cancellation of 1,700 flights and cost Chief Executive David Neeleman his job.
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By Loren Steffy, Houston Chronicle  Feb. 21--FOR JetBlue, it was an Icarus moment.   Accustomed to basking in the glow of customer satisfaction, the upstart airline's reputation for service melted away amid the strandings and groundings and cancellations of one winter storm.
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Low-cost carrier JetBlue Airways Corp.  JBLU.O on Thursday said third-quarter earnings fell 71  percent as it struggled with skyrocketing fuel prices and tough  competition.
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Volkswagen AG is threatening to eliminate 30,000 jobs ahead of next week&#39;s wage talks with unions as Europe&#39;s biggest carmaker seeks cost cuts similar to agreements reached by other German companies, including DaimlerChrysler AG.
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JetBlue will install as many as 150 computer terminals at Kennedy Airport in New York to allow passengers to seek refunds or rebook canceled flights during major disruptions.  (c) 2007 International Herald Tribune. Provided by ProQuest Information and Learning.
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Can one very bad week for JetBlue Airways wipe out years of industry-leading customer satisfaction ratings?