The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

World News

JetBlue to leave Kansas City, trim service from Los Angeles and Fort Lauderdale amid financial trouble

by admin March 20, 2024
March 20, 2024
JetBlue to leave Kansas City, trim service from Los Angeles and Fort Lauderdale amid financial trouble

JetBlue is ending service to and from Kansas City as part of a broader route reorganization in the wake of a federal judge’s decision to reject its merger with Spirit Airlines.

The New York-based carrier also said it would trim routes out of Los Angeles International Airport and Fort Lauderdale-Hollywood International Airport. And it will not be returning to Newburgh, New York, after suspending service to the town amid the pandemic.

The changes were made in an internal memo seen by NBC News. It’s the second round of route cuts the carrier has announced this year.

In a statement, JetBlue said the routes and markets had fallen short of expectations.

‘JetBlue is constantly evaluating our routes to best serve our customers, return our airline to profitability, and find ways to improve our reliability,’ it said.

JetBlue has struggled to regain a stable financial footing in the post-pandemic period. In its most recent quarter, it posted a decline in revenues and a net loss. It also said it expected to have some 15 Airbus planes out of service due to maintenance issues.

The carrier had been banking on a merger with Spirit, as well as ongoing service as an American Airlines partner through its Northeast Alliance program, which was also recently rejected by the U.S. Department of Justice.

In addition to Kansas City, the carrier said it was also ending service for three South American cities.

In the memo, JetBlue said it was doubling down on what it called “bread and butter” routes serving customers on the East Coast, traveling to the Caribbean for vacation, and long-haul cross-country flights.

It also plans to add capacity in places where it was seeing success, including Puerto Rico, Orlando, and Tampa.

‘Network changes are a fact of life at every airline, but that doesn’t make it easy to see a favorite route or BlueCity go away,’ the company said in the memo.

‘However, it’s more important than ever that we are surgical about every route in our network, especially as court decisions around the Northeast Alliance and Spirit have impacted our ability to grow.’

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
The Bond Market is Signaling a Potential Short-Term Trading Opportunity
next post
Market Rips Higher After Fed Announcement

Related Posts

A viral theory on TikTok says nice people...

May 2, 2024

USDA documented insects and slime at Boar’s Head...

January 15, 2025

Mortgage refinance demand jumps to a 2-year high,...

July 18, 2024

June home sales slump as median sales price...

July 24, 2024

Pfizer CEO says tariff uncertainty is deterring further...

April 30, 2025

Dental supply stock surges on RFK’s anti-fluoride stance,...

November 20, 2024

Top liquor distributor favored Costco and Kroger over...

December 14, 2024

The U.S. labor market is shifting toward skilled...

May 4, 2024

Boeing’s new outsider CEO Ortberg takes the helm,...

August 9, 2024

Etsy CEO says company is escaping ‘race to...

July 10, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Larry Williams on the Fed, Interest Rates & Markets! What’s Next?

      June 2, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      June 2, 2025
    • Senate Republicans eye changes to Trump’s megabill after House win

      June 2, 2025
    • Trump shares post saying Biden was executed, replaced with clones

      June 2, 2025
    • House Dems’ campaign chair says her party’s ‘on offense’ in 2026 battle to win back majority from GOP

      June 2, 2025
    • Kevin Hassett ‘very, very confident’ courts will back Trump’s tariffs amid legal setback

      June 2, 2025

    Categories

    • Business (1,220)
    • Politics (3,611)
    • Stocks (1,379)
    • Uncategorized (45)
    • World News (1,213)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thetraderharbor.com | All Rights Reserved