JetBlue slapped with unprecedented $2 million fine over flight delays. You could get a cut. [Yahoo! Finance Canada]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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Source: Yahoo! Finance Canada
The DOT called the unrealistic flight schedules deceptive and anticompetitive. Half of the $2 million fine will be to compensate JetBlue customers. JetBlue Airways was fined $2 million by the Department of Transportation, the agency said Friday, for operating chronically delayed flights. The first-of-its-kind penalty follows a DOT investigation that found JetBlue promised its customers unrealistic schedules that did not reflect actual flight departure and arrival times on four routes between its New York and Florida bases, and destinations in North Carolina and Connecticut. The agency called this practice a "deceptive and anticompetitive" way to unfairly generate business by misleading customers. The DOT also said it is looking into similar practices by other carriers but did not go into specifics. In recent years, many airlines have resorted to padding their flight schedules with additional time buffers to give their crews extra leeway absorb weather, mechanical, ATC, or a
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JBLU
News
- Two Bodies Found in Plane’s Landing Gear at Fort Lauderdale Airport [The New York Times]The New York Times
- 2 bodies are found in the landing gear of JetBlue plane at Florida airport [Yahoo! Finance Canada]Yahoo! Finance Canada
- 2 bodies are found in the landing gear of JetBlue plane at Florida airport [Yahoo! Finance Canada]Yahoo! Finance Canada
- Two people found dead in landing gear of plane at Fort Lauderdale Airport [MSNBC.com]MSNBC.com
- 2 found dead in JetBlue plane's landing gear after landing in Florida: reports [USA TODAY]USA TODAY
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