Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Business

JetBlue to leave Kansas City, trim service from Los Angeles and Fort Lauderdale amid financial trouble

by 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
VIZSLA COPPER ANNOUNCES UPSIZE OF NON-BROKERED PRIVATE PLACEMENT FROM $1.5 MILLION TO $2.5 MILLION
next post
Joann Fabrics and Crafts files for Chapter 11 bankruptcy

Related Posts

Nvidia to report earnings amid infrastructure spending, DeepSeek...

February 27, 2025

Rare Michael Jordan, Kobe Bryant rookie jerseys expected...

March 7, 2025

Fed officials see ‘upside risks’ to inflation, possibly...

August 18, 2023

Trump Media lost $327.6 million in the first...

May 22, 2024

Supreme Court declines to hear case challenging FDA...

October 12, 2023

Top Anheuser-Busch marketing executive is leaving after collapse...

November 18, 2023

Volkswagen recalls 261,000 vehicles over fuel tank issue

February 26, 2024

Bitcoin prices hit all-time high, soaring to nearly...

March 7, 2024

Thousands of schools turn to apps to prevent...

November 8, 2023

Microsoft laying off about 9,000 employees in latest...

July 3, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • 10 Silver ETFs for Every Investing Style in 2025

    • Humanoid Robotics: Key Trends to Watch and Investment Insights

    • Why SQM Says Social Dialogue is Key to Sustainable Lithium

    • Group Eleven Drills New Mineralized Zone South of Main Discovery Trend at Ballywire, Returning 7.3m of 5.2% Zn+Pb, 10 g/t Ag , Incl. 3.8m of 7.3% Zn+Pb, 14 g/t Ag

    • Blackrock Silver Announces Final Assays from Eastern Expansion Drill Program at Tonopah West

    Categories

    • Business (1,418)
    • Investing (3,224)
    • Politics (3,699)
    • Stocks (1,868)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, 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 moneycontrolplace.com | All Rights Reserved