It’s no secret airlines have had an unprecedently bad year. JPMorgan expects the pain to continue for some companies, with analysts double downgrading shares of JetBlue, Spirit and United Airlines to underweight from overweight on Wednesday on overvaluation concerns. The firm maintained its overweight ratings on Delta, Alaska Airlines and …
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JetBlue CEO Robin Hayes told CNBC on Tuesday he was optimistic that the deployment of coronavirus vaccines would help kick-start demand for air travel around the world, drawing on his experience with his own family. “Just before coming on this show, I just called my mother over in the U.K. She just …
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Delta Airline employees check in luggage at the Ronald Reagan National Airport on July 22, 2020 in Arlington, Virginia. During the COVID-19 pandemic, all employees and passengers are required to wear facemasks while onboard a Delta plane. Michael A. McCoy | Getty Images Delta Air Lines CEO on Wednesday asked …
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A Jet Blue aircraft takes off from Long Beach Airport in Long Beach, CA. Tim Rue | Bloomberg | Getty Images JetBlue Airways on Tuesday laid out a host of cost reductions for next year as the worsening coronavirus pandemic promises another difficult year for airlines. Top executives’ reduced salaries …
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Delta Air Lines Airbus A330 aircraft as seen on final approach in Amsterdam Schiphol International Airport in the Netherlands. NurPhoto | NurPhoto | Getty Images Delta Air Lines said Thursday that a spike in coronavirus infections is hurting demand for air travel, becoming the latest airline to warn about softening …
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People wait for their baggage in the terminal at Boston Logan International Airport in Boston on Nov. 25, 2020. Erin Clark | Boston Globe | Getty Images U.S. air travel rose to the highest levels since the start of the coronavirus pandemic, according to data released Monday, an increase that …
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JetBlue planes at a gate at John F. Kennedy International Airport in New York. Mark Kauzlarich | Bloomberg | Getty Images Get ready to fight over the armrest again. JetBlue Airways on Thursday said it will sell all seats on its flights starting Jan. 8. It is the latest carrier …
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