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Stock impact report

This startup UK airline is doubling down on the 4-engine Airbus jets that most carriers have abandoned [Business Insider]

JetBlue Airways Corporation (JBLU) 
Last jetblue airways corporation earnings: 1/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.jetblue.com/investor-relations
InsectWorld/Shutterstock This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in UK startup Global Airlines acquired its second four-engine jet: a leased 25-year-old Airbus A340. It already owns an Airbus A380 and flew a handful of trips in May, but early reviews were mixed. Industry analysts question Global's strategy of flying fuel-thirsty quad-jets in a crowded market. A new British airline is building its future on fuel-thirsty widebodies that most major carriers have spent years getting rid of. UK-based Global Airlines — a carrier whose plan to fly costly quad-engine jets across the Atlantic has drawn wide skepticism — acquired a "new" plane on Tuesday: a 25-year-old Airbus A340. It's leased from the third-party operator Hi-Fly, with the registration 9H-SUN, and is not owned by Global. The choice has raised eyebrows as the A340 family, which first flew in 1991, is a jet more likely to Show less Read more
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