JetBlue Airways has become the latest U.S. airline to announce its third-quarter financial results. The airline reported significant financial losses due to the COVID-19 pandemic and the travel dropoff associated with it. The New York-based carrier announced a pre-tax loss of $578 million under Generally Accepted Accounting Principles (GAAP). This is a significant drop from the airline's $254 million profit in the same quarter last year. The airline’s passenger revenue totaled $445 million for the third quarter, over 2.6 times…
While some carriers dig into existing markets for travel demand during the COVID-19 pandemic, many carriers are exploring new routes in attempts to capture whatever demand for travel exists. Across the world, the most aggressive recent expansion has been seen by low- and ultra-low-cost carriers. JetBlue has broken this trend…
In a time of bad news and a gloomy industry outlook, new announcements have been relatively short to come by. JetBlue has become the latest airline to make a new announcement, this time featuring their newest livery, confirming their newest destination, and announcing expansion plans out of Hartford, Connecticut. JetBlue's…
As airlines continue to slowly recover from the effects of the COVID-19 pandemic and the lack of demand, many airlines have turned to new routes in an attempt to reach the market of those who are still traveling. With the addition of 24 new routes from the fall of this…
Aviation is an ever-evolving industry, more so now than ever. Airlines are changing schedules by the day and placing aircraft into storage as the sector has taken an unprecedented tumble due to the COVID-19 pandemic. The jarring slump in air travel demand has left aircraft around the world virtually empty…
When SARS-CoV-2, the novel Coronavirus strain that causes COVID-19, first reached the U.S., nobody really knew how the disease, which at the time had not yet been granted pandemic status by the World Health Organization, would impact life in this country. Yet as the disease spread throughout the country throughout…
On July 30, 2020, Pratt & Whitney, through its affiliate International Aero Engines (IAE), announced the signing of a 13-year service agreement for 230 IAE V2500 engines. The service agreement is part of Pratt & Whitney’s “EngineWise” offering, which provides engine operators with services to maximize engine performance and fleet…
JetBlue Airways and American Airlines announced a new partnership on Wednesday in a joint press release that aims to create more connectivity options for passengers. The association includes an alliance agreement that proposes codeshare benefits and loyalty programs that will improve the offers of each operator in New York and…
JetBlue announced Thursday that it will end services to Long Beach Airport in California and transfer them to Los Angeles International (LAX), which will become a focus city for the airline. JetBlue’s last day serving Long Beach will be Oct. 6. “LAX is one of JetBlue’s most successful markets and…
JetBlue’s Air Line Pilots Association Master Executive Council (MEC), a union that represents JetBlue’s pilots, has voted to approve a Letter of Agreement (LOA) with JetBlue that prevents JetBlue pilots from involuntary furloughs until May 1, 2021, per an internal email obtained by AirlineGeeks. The protections will prevent furloughs under…
