FLYR Labs, maker of airline software, raises $150 mln [Reuters]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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Source: Reuters
FLYR CEO Alex Mans said the software uses available commercial and event information among other data points to make pricing and scheduling suggestions. Most airlines still rely heavily on human analysts for this work, he said. According to FLYR, for example, scheduled flights from the northeastern United States to Florida and Latin America will not meet demand in the upcoming holiday season, especially morning and afternoon flights during the week of Dec. 13. Airlines can use that information to add more flights or make other changes. The San Francisco startup said it has over half a dozen airline customers including Air New Zealand Ltd (AIR.NZ) and by the end of the year will have more than 10. “By the end of this year, we're on track to manage approximately $14 billion worth of airlines' revenues,” Mans said, adding that the global revenue for the airline industry in 2019 was about $800 billion. “Our target is $100 billion dollars of revenue under management by the end of
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News
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- JetBlue beefs up in-flight entertainment, but investors are unimpressed [Seeking Alpha]Seeking Alpha
- JetBlue Airways Co. (NASDAQ: JBLU) had its price target lowered by analysts at JPMorgan Chase & Co. from $7.00 to $6.00. They now have a "neutral" rating on the stock.MarketBeat
- JetBlue Faces Charge That It Intimidates Workers Who Seek To Organize [Forbes]Forbes
JBLU
Earnings
- 4/23/24 - Beat
JBLU
Sec Filings
- 4/24/24 - Form 4
- 4/23/24 - Form 8-K
- 4/22/24 - Form SC
- JBLU's page on the SEC website