JetBlue fined $2 million for flying chronically delayed routes [MSNBC.com]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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Source: MSNBC.com
JetBlue has agreed to pay a $2 million penalty after federal regulators charged the U.S. carrier with operating multiple chronically delayed flight routes.The penalty is the first time the U.S. Department of Transportation has fined an airline for engaging in unrealistic scheduling practices that it says can harm both passengers and fair competition across the airline industry.Half the penalty will go toward compensating JetBlue customers affected by the airline’s chronic delays or any future disruptions caused by JetBlue within the next year — with a minimum of $75 for each harmed passenger.“Illegal chronic flight delays make flying unreliable for travelers. ’s action puts the airline industry on notice that we expect their flight schedules to reflect reality,” U.S. Transportation Secretary Pete Buttigieg said in a statement. “The department will enforce the law against airlines with chronic delays or unrealistic scheduling practices in order to protect healthy competition and ensure
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JBLU
News
- US fines JetBlue $2 million for 'chronic' flight delays on several East Coast routes [Yahoo! Finance Canada]Yahoo! Finance Canada
- JetBlue fined $2 million by DOT for 'chronically delayed flights' [MSNBC.com]MSNBC.com
- JetBlue fined $2 million by feds for "chronic flight delays" [CBS News]CBS News
- US fines JetBlue $2 million for 'chronic' flight delays on several East Coast routes [Yahoo! Finance Canada]Yahoo! Finance Canada
- JetBlue slapped with unprecedented $2 million fine over flight delays. You could get a cut. [Yahoo! Finance Canada]Yahoo! Finance Canada
JBLU
Earnings
- 10/29/24 - Beat
JBLU
Sec Filings
- 12/4/24 - Form 8-K
- 11/13/24 - Form 4
- 11/12/24 - Form SC
- JBLU's page on the SEC website