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

Amazon workers worldwide set to protest on Black...

November 28, 2024

McDonald’s announces plan to hire 375,000 employees this...

May 14, 2025

Tesla is the new meme stock, according to...

July 11, 2024

How digitally native companies like Rothy’s are growing...

February 26, 2025

Federal Reserve minutes indicate worries over lack of...

May 23, 2024

Skechers to be acquired by 3G Capital in...

May 6, 2025

Denny’s set to close dozens more locations this...

February 16, 2025

The housing crunch is still squeezing buyers —...

July 31, 2024

Paramount merger sparks concern among movie theater owners

July 10, 2024

Presidential debate drew 51.3 million viewers, down from...

July 1, 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

    • Meta is finally bringing ads to WhatsApp

      June 18, 2025
    • Trump-branded wireless service launches — with a gold phone

      June 18, 2025
    • Kraft Heinz to remove artificial dyes from U.S. products by end of 2027

      June 18, 2025
    • Bearish Divergence Suggests Caution For S&P 500

      June 18, 2025
    • 3 S&P 500 Charts That Point to the Next Big Move

      June 18, 2025
    • Homeland Security Secretary Kristi Noem hospitalized after allergic reaction

      June 18, 2025

    Categories

    • Business (1,256)
    • Politics (3,754)
    • Stocks (1,441)
    • Uncategorized (45)
    • World News (1,249)
    • 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