Current:Home > FinanceJetBlue will drop some cities and reduce LA flights to focus on more profitable routes -Elite Financial Minds
JetBlue will drop some cities and reduce LA flights to focus on more profitable routes
View
Date:2025-04-11 18:58:57
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! (4378)
Related
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Michael Jackson's son Bigi slams grandmother Katherine over funds from dad's estate
- West Virginia governor signs vague law allowing teachers to answer questions about origin of life
- National Guard helicopters help battle West Virginia wildfires in steep terrain
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Man pleads guilty in fatal kidnapping of 2-year-old Michigan girl in 2023
- Pair of massive great white sharks surface off Florida coast within a minute of each other
- Colorado stuns Florida in 102-100 thriller in NCAA Tournament first round
- Questlove charts 50 years of SNL musical hits (and misses)
- Shop Amazon's Big Sale for Clothing Basics That Everyone Needs in Their Wardrobe STAT
Ranking
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Every 'Ghostbusters' movie, ranked from worst to best (including the new 'Frozen Empire')
- Is there a winner of the $977M Mega Millions jackpot? Numbers have been drawn and it’s time to wait
- Lindsay Lohan, Ayesha Curry and More Surprising Celebrity Friendships
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Hundreds of thousands of financial aid applications need to be fixed after latest calculation error
- Kate Middleton's Cancer Diagnosis: What to Know
- Heavy-smoking West Virginia becomes the 12th state to ban lighting up in cars with kids present
Recommendation
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Man pleads guilty in fatal kidnapping of 2-year-old Michigan girl in 2023
Vanessa Hudgens’ Clay Mask Works in Just 4 Minutes: Get it for 35% Off During the Amazon Big Spring Sale
Body of Riley Strain, missing student, found in Nashville's Cumberland River: Police
Former Syrian official arrested in California who oversaw prison charged with torture
March Madness games today: Everything to know about NCAA Tournament schedule on Friday
Who is Dan Schneider? The Nickelodeon 'golden boy' accused of abusive behavior in new doc
Prince Harry, Duchess Meghan speak out on Princess Kate's cancer diagnosis