JetBlue to sell in-flight entertainment unit for $400 mln

March 13 Thu Mar 13, 2014 6:35am EDT

March 13 (Reuters) - JetBlue Airways Corp said it would sell its in-flight entertainment business, LiveTV, to French defence company Thales Group for $400 million.

JetBlue said it would enter into agreements with LiveTV to continue providing live TV and in-flight connectivity after the sale.

Photo

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.