Current:Home > InvestJetBlue will drop some cities and reduce LA flights to focus on more profitable routes -FutureProof Finance
JetBlue will drop some cities and reduce LA flights to focus on more profitable routes
View
Date:2025-04-19 01:01:11
JetBlue Airways will end service at several cities and reduce flying out of Los Angeles in a move to retrench and focus on stronger markets after years of losing money.
The changes will also help the airline cope with the grounding of some of its planes for inspections of their Pratt & Whitney engines, an executive told employees Tuesday.
Beginning June 13, JetBlue will pull out of Kansas City, Missouri; Bogota, Colombia; Quito, Ecuador; and Lima, Peru.
“These markets are unprofitable and our aircraft time can be better utilized elsewhere,” Dave Jehn, the airline’s vice president of network planning, said in a memo to employees.
Also in June, the New York-based airline will drop several destinations from Los Angeles including Seattle, San Francisco, Las Vegas and Miami. It will end flights between Fort Lauderdale, Florida, and Atlanta; Austin, Texas; Nashville; New Orleans and Salt Lake City, and service between New York and Detroit.
JetBlue has lost more than $2 billion since its last profitable year, 2019. The airline tried to grow through a partnership and a merger, but the Biden administration’s Justice Department sued to kill both deals.
Last May, a federal judge ordered JetBlue and American Airlines to dissolve a partnership they created in Boston and New York. In January another judge blocked JetBlue from buying Spirit, saying the proposed $3.8 billion deal violated antitrust law.
The architect of those unsuccessful deals, Robin Hayes, stepped down as CEO in February and was replaced by Joanna Geraghty.
Frustrated by the courtroom defeats, JetBlue under Geraghty is turning toward growing on its own, which will take much longer.
Even before the change in CEOs, investor Carl Icahn began to buy nearly 10% of JetBlue stock, and his side got two seats on the airline board.
The airline has struggled to improve its operation. JetBlue ranked ninth out of the nation’s 10 largest airlines in both canceled flights and on-time arrivals last year, according to U.S. Transportation Department numbers.
veryGood! (34589)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Hall of Fame pitcher Greg Maddux to be featured in next MLB Network documentary
- Hawaii's Kilauea volcano erupts in remote summit region
- Ticketmaster, Live Nation sued: Millions of customers' personal data listed on black market, suit claims
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Company that bred beagles for research pleads guilty to neglect, ordered to pay record $35M fine
- Biden prepares a tough executive order that would shut down asylum after 2,500 migrants arrive a day
- Bebe Rexha allegedly has fans removed from concert after throwing objects at stage
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Rugby Star Rob Burrow Dead at 41: Prince William and More Pay Tribute
Ranking
- The Grammy nominee you need to hear: Esperanza Spalding
- Trial in the fatal daytime ambush of rapper Young Dolph reset to September
- Why Raven-Symoné Felt It Was Important to Address Criticism of Wife Miranda Pearman-Maday
- Atlanta water trouble: Many under boil-water advisory as Army Corps of Engineers assists
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Diver found dead in Lake Erie identified as underwater explorer
- Michael Doulas visits Israel to show solidarity as war in Gaza continues
- For gay and transgender people, these are the most (and least) welcoming states
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Book Review: ‘When the Sea Came Alive’ expands understanding of D-Day invasion
A court might hear arguments before the election on Fani Willis’ role in Trump’s Georgia case
Rural pharmacies fill a health care gap in the US. Owners say it’s getting harder to stay open
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Sandy Hook families ask bankruptcy judge to liquidate Alex Jones’ media company
Massive 8-alarm fire burns housing construction site in Redwood City, California
Trump fans’ bus loaded with MAGA merchandise crashes in New York City