JetBlue CEO 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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JetBlue Airways Corp. (JBLU.O: Quote, Profile, Research) on Thursday said third-quarter earnings plunged 71 percent, missing analysts&#39; lowered estimates, as it struggled with skyrocketing
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NEW YORK -- JetBlue Airways rolled out a customer bill of rights Tuesday that promises vouchers to fliers who experience delays in a move it hopes will win back passengers after an operational meltdown damaged its brand and stock price.
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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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European aircraft manufacturer Airbus is sure to attain 300 million euros (400 million dollars) in savings this year from its Power8 restructuring program, chief executive Louis Gallois said ahead of the Paris Air Show.
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Lufthansaâs investment in JetBlue, the struggling discount carrier, is the latest example of a foreign companyâs taking advantage of the weak dollar to invest in a prominent American company.
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European plane-maker Airbus has warned it may need 15 years to catch up with and overtake US rival Boeing, while the co-chief executive at parent company EADS said plans for the new mid-size A350 jet might have to be scrapped.
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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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For business executives, corporate jets are the way to fly. But airline groups and the FAA want these private planes to contribute more to aviation costs
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JetBlue Airways on Thursday said third-quarter earnings fell 71 percent, missing analysts&#39; lowered estimates, as it struggled with skyrocketing fuel prices, storm disruptions and competition.
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JetBlue officials said overwhelmed IT systems were partially to blame for the cancellation of more than 1,000 flights in the days after an ice storm last week.
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Low cost fares, quirky blue potato chips and even a mea culpa from JetBlue Airways' founder may not be enough to ease passenger anxiety Monday as the airline braces for another day of disrupted flights.
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JetBlue Airways rolled out a customer bill of rights Tuesday that promises vouchers to fliers who experience delays in a move it hopes will win back passengers after an operational meltdown damaged its brand and stock price.
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US Airways could be forced into liquidation unless staff agree to wage cuts worth $800m (£450m) within the next 30 days, chairman David Bronner has warned.
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JetBlue passengers hoping to travel on Monday, a national US holiday, face further delays and cancellations.
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JetBlue Airways could become one of the largest airlines operating out of Logan International Airport three years from now.
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Deutsche Lufthansa AG , Germany's national flag-carrier, will buy a 19 percent stake in low-cost U.S. airline JetBlue Airways Corp  in a deal worth about $300 million, the two airlines said on Thursday.