American Airlines loses US appeal of ruling barring JetBlue partnership [USA TODAY]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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Source: USA TODAY
Northeast partnership with JetBlue Airways JBLU.O violated federal antitrust law. Siding with the U.S. Department of Justice, the Boston-based 1st U.S. Circuit Court of Appeals affirmed a trial judge's ruling blocking the airlines' "Northeast Alliance," which had allowed the two carriers to coordinate flights and pool revenue. U.S. Circuit Judge William Kayatta, writing for a three-judge panel, said the trial judge had been "presented with an arrangement that had many of the essential attributes of an agreement between two powerful competitors sharing revenues and divvying up highly concentrated markets." He said the judge, Leo Sorokin, following a non-jury trial had in May 2023 issued a ruling with "detailed findings of fact, many key ones of which were unfavorable to American," and none of which were clearly wrongly legally analyzed. U.S. Attorney General Merrick Garland in a statement called the ruling "a hard-won victory for the millions of Americans who count on competiti
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JBLU
News
- Armed gang violence in Haiti escalates including gunfire aimed at Spirit and JetBlue planes [USA TODAY]USA TODAY
- FAA halts US flights to Haiti after passenger jets hit by gunfire [FOX Business Network]FOX Business Network
- Why the New JetBlue Is an East Coast Leisure Airline [Yahoo! Finance]Yahoo! Finance
- Why the New JetBlue Is an East Coast Leisure Airline [Yahoo! Finance Canada]Yahoo! Finance Canada
- FAA bans U.S.-Haiti flights for 30 days after Spirit Airlines flight struck by gunfire [CNBC]CNBC
JBLU
Earnings
- 10/29/24 - Beat
JBLU
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- 11/4/24 - Form 4
- JBLU's page on the SEC website