JetBlue CEO says delays could cost $30 mln or more
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The chief executive of JetBlue Airways Corp.  said on Tuesday that reimbursing passengers on delayed flights and updating its operations to prevent further delays could cost the airline $30 million or more.
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European aerospace group EADS has postponed until next week a board meeting on the future of the Airbus A350 XWB passenger jet programme, key shareholder Lagardere said.
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The business jet industry, surging as airline delays keep pushing new passengers into more expensive private jet flying, is undergoing some basic competitive readjustments.
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NEW YORK, Feb. 17 -- JetBlue, still reeling from a snowstorm that forced hundreds of Valentine's Day flights to be canceled or delayed, called off another 266 flights scheduled for Saturday and Sunday.
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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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The company is expected to announce another delay in production of its popular 787 Dreamliner, which could frustrate some international airlinesâ expansion plans.
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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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JetBlue Airways Corp. JBLU.O on  Thursday said third-quarter earnings fell 71 percent, missing  analysts' lowered estimates, as it struggled with skyrocketing  fuel prices, storm disruptions and competition.
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The view from the Airbus cockpit turned darker when its managers said the European plane-maker might take 15 years to catch up with Boeing and that the A350 project might be suspended.
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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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Lufthansa is in talks to buy a stake of  just under 25 percent in JetBlue Airways , The New York  Times reported on its blog DealBook on Thursday.
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Revenues should grow by 30%, according to the president of the country's association of software and service firms
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Can one very bad week for JetBlue Airways wipe out years of industry-leading customer satisfaction ratings?
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JetBlue Airways Corp. tried to calm a maelstrom of criticism Thursday, after passengers were left waiting on planes at a New York airport for as long as nine hours during a snow and ice storm.
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JetBlue called off almost a quarter of its flights for Monday but hoped that would be the last round of cancellations as it struggles to recover from the snowstorm that saw some travelers sitting on grounded planes for hours.
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JetBlue Airways Corp.  said on Wednesday the huge number of flight cancellations it suffered last week would result in a wider-than-expected loss for the first quarter and would cut full-year profit.
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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