Thrifty Banker
  • Politics
  • Business
  • World
  • Investing
  • Politics
  • Business
  • World
  • Investing

Thrifty Banker

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

Jury returns verdict in Sam Bankman-Fried fraud trial

November 3, 2023

U.S. investigating power-assisted steering failure complaints in older...

August 11, 2023

RTX, GE Aerospace expect more than $1 billion...

April 23, 2025

Forever 21 seeks rent concessions as fast-fashion brand...

June 24, 2024

Berkshire Hathaway employee wins $1 million in Warren...

March 26, 2025

Southern California Edison acknowledges videos suggest link between...

February 8, 2025

Poorer areas see the bulk of clean energy...

December 1, 2023

‘Lazy girl jobs’ are trending in rally against...

August 18, 2023

Temple University reviewing reports of potential match-fixing of...

March 9, 2024

Nvidia says Anthropic is telling ‘tall tale’ in...

May 2, 2025

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


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

    Popular

    • 1

      Top 10 Countries for Natural Gas Production (Updated 2024)

      April 6, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Top 10 Uranium-producing Countries (Updated 2024)

      April 18, 2024
    • 4

      A GOP operative accused a monastery of voter fraud. Nuns fought back.

      January 3, 2025
    • 5

      Australian abolitionist, Grace Forrest, receives coveted ‘Freedom from Fear’ award

      April 13, 2024
    • 6

      LME Sanctions on Russian Metal Push Copper, Nickel and Aluminum Prices Higher

      April 17, 2024
    • 7

      Blinken, ahead of China visit, calls out Beijing’s ongoing ‘genocide’ against minority Muslims

      April 23, 2024

    Categories

    • Business (1,027)
    • Investing (2,041)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,341)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: thriftybanker.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 thriftybanker.com | All Rights Reserved