JetBlue CEO urges President-elect Trump to revamp air traffic control system

JetBlue CEO Joanna Geraghty urged President-elect Trump to enhance air traffic control, citing staffing shortages and outdated technology impacting airlines, especially in New York.

JetBlue to introduce first-class sections on domestic flights by 2026

JetBlue Airways will introduce first-class sections on its domestic flights starting in 2026, responding to strong demand for premium travel options.

JetBlue forecasts smaller 2024 revenue dip as domestic travel demand picks up

JetBlue Airways anticipates a smaller revenue drop for 2024 due to strong domestic travel demand post-election, boosting shares and revising projections for revenue and pricing power.

Salesforce, Dollar Tree, Okta rise premarket; Foot Locker slumps

US stock futures rose ahead of key economic data. Major movers include Salesforce and Okta rising, while Foot Locker and GM fell.

JetBlue lifts fourth-quarter revenue guidance, shares climb

JetBlue Airways enhances fourth-quarter revenue outlook, projecting a smaller decline and benefiting from improved on-time performance and increased bookings post-election.

UBS shifts airline stocks

Analysis-Spirit Airlines' struggle to navigate post-pandemic trends lands it in bankruptcy

Spirit Airlines has filed for Chapter 11 bankruptcy after struggling to adapt post-pandemic, facing debt issues and increased competition from full-service carriers.

Ultra low-cost carrier Spirit Airlines files for bankruptcy

Spirit Airlines filed for bankruptcy after losses, a failed merger, and debt issues, marking the first major U.S. airline filing since 2011.

Goldman Sachs resumes airline stocks: Delta, United, Alaska Air at Buy

Goldman Sachs gives Buy ratings to Delta, United, and Alaska while issuing Sell ratings for JetBlue and Southwest, citing demand recovery and cost concerns in the airline industry.

Factbox-US deals blocked by regulators or facing intense scrutiny

Tapestry abandons a bid for Capri following regulatory interventions, highlighting a growing scrutiny on various high-profile deals, including mergers and acquisitions facing legal challenges.