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Stock impact report

JetBlue leaving 5 cities as it cuts unprofitable routes [Yahoo! Finance]

Spirit Airlines, Inc. (SAVE) 
Last spirit airlines, inc. earnings: 2/5 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.spirit.com
Company Research Source: Yahoo! Finance
performance after a federal court blocked its proposed merger with rival budget carrier Spirit Airlines. The airline will eliminate routes to Kansas City, Missouri, as well as Bogota, Colombia; Quito, Ecuador; and Lima, Peru. JetBlue will also eliminate service to Newburgh, New York, which has been suspended since 2020, and cut the number of flights in Los Angeles from about 34 to 24 daily flights. The changes are expected to take effect in June. "These decisions are never easy, however, these markets have recently fallen short of our expectations," JetBlue told FOX Business in a statement. "These moves will allow us to redeploy our fleet to increase frequencies on well-performing routes from JetBlue's focus cities while continuing to increase crucial ground time for our aircraft, reducing the chance of delays for our customers. "The changes will also help us during a time when aircraft availability is limited – particularly with some of our aircraft grounded due to Pratt & Whit Show less Read more
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