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JetBlue Airways Corp (JBLU.O)

JBLU.O on Nasdaq

21.83USD
28 Apr 2017
Change (% chg)

$-0.31 (-1.40%)
Prev Close
$22.14
Open
$22.23
Day's High
$22.30
Day's Low
$21.73
Volume
5,455,114
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6,498,194
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$23.15
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$14.76

Latest Key Developments (Source: Significant Developments)

Jetblue Airways says entered into agreement with Goldman Sachs for accelerated share repurchase program
Friday, 28 Apr 2017 07:51am EDT 

April 28 (Reuters) - Jetblue Airways Corp :Jetblue Airways Corp - on April 27 entered into an agreement with Goldman Sachs & Co to implement an accelerated share repurchase program.Jetblue Airways Corp - under ASR agreement, on April 28, 2017, company will pay $150 million to GS&Co.Jetblue Airways- after executing ASR program, company will have approximately $130 million of repurchase authority remaining - SEC filing.Jetblue Airways Corp - ASR program is expected to be completed by end of Q3 of 2017 and will be funded with cash on hand.Jetblue Airways - under ASR agreement, on April 28, company will initially receive about 5.4 million shares based on closing share price on April 27, 2017.  Full Article

JetBlue expands Port-au-Prince service with nonstop Orlando Flights
Wednesday, 12 Apr 2017 12:30pm EDT 

JetBlue Airways Corp : Press release - JetBlue expands successful Port-Au-Prince service with nonstop Orlando flights .Intends to operate service between PAP and Orlando International Airport in December pending government approval.  Full Article

JetBlue Airways reports March traffic
Wednesday, 12 Apr 2017 08:00am EDT 

JetBlue Airways Corp : JetBlue Airways reports March traffic . March 2017 revenue passenger miles 4.08 billion, up 2.9 percent . March 2017 available seat miles 4.76 billion, up 4.2 percent . March 2017 load factor 85.7% versus 86.8% in March 2016 . Effective for Q2, JetBlue will no longer report monthly RASM . Q1 RASM is now expected to decline approximately 4.8 percent .Continues to expect that April RASM, adjusted for Easter, will increase more than March.  Full Article

Jetblue Airways entered into amended and restated credit and guaranty agreement, dated as of April 6
Monday, 10 Apr 2017 01:24pm EDT 

Jetblue Airways Corp: Jetblue Airways Corp - entered into an amended and restated credit and guaranty agreement, dated as of april 6, 2017 - sec filing . Jetblue Airways - establishes the maturity date for the $425 million lending commitments as April 6, 2021 .Jetblue Airways Corp says amendment increases lending commitments by $25 million, for total lending commitments of $425 million.  Full Article

JetBlue Airways says offering Mint seats out-for-sale on new, expanded routes
Tuesday, 4 Apr 2017 12:28pm EDT 

JetBlue Airways Corp : Now offering Mint seats out-for-sale on new and expanded routes . In addition to the new Mint routes, JetBlue will expand Mint service between Boston and Los Angeles .Now offering Mint seats out-for-sale on New York and Las Vegas route, New York and San Diego route, Boston and San Diego route.  Full Article

JetBlue Airways sees $250-$300 mln in structural cost savings by 2020
Wednesday, 15 Mar 2017 10:57am EDT 

JetBlue Airways Corp :Sees $250-$300 mln in structural cost savings by 2020.  Full Article

Jetblue Airways reports February traffic
Friday, 10 Mar 2017 08:00am EST 

Jetblue Airways Corp : Jetblue Airways reports February traffic . February load factor 82.6 percent, down 0.5 points . Jetblue - Co's preliminary revenue per available seat mile for February increased approximately one and a half percent year over year . Jetblue - for Q1 of 2017, RASM is expected to decrease between four and five percent year over year . Jetblue - March RASM is expected to be negatively impacted by approximately six percentage points due to Easter calendar placement . Jetblue - traffic in February increased 0.1 percent from February 2016, on a capacity increase of 0.7 percent .Jetblue - excluding impact of winter storms Niko and Orson, February RASM decreased approximately one half of a percent.  Full Article

Jetblue Airways says entered into an agreement to implement an accelerated share repurchase program
Tuesday, 7 Mar 2017 06:05am EST 

Jetblue Airways Corp : Jetblue airways corp - entered into an agreement to implement an accelerated share repurchase program - sec filing . Jetblue airways corp- asr program is expected to be completed by end of q2 of 2017 and will be funded with cash on hand . Jetblue airways - on march 7, co will pay $100 million to barclays, to initially receive about 4.1 million shares based on closing share price on march 6 .Jetblue airways corp- after executing the asr program, co will have approximately $280 million of repurchase authority remaining - sec filing.  Full Article

Jetblue Airways CFO Steve Priest to be paid base salary of $400,000 per year - SEC filing
Tuesday, 21 Feb 2017 09:16am EST 

Jetblue Airways Corp :Jetblue Airways - in connection with appointment as CFO, Steve Priest will be paid a base salary of $400,000 per year - SEC filing.  Full Article

Jetblue appoints Steve Priest as CFO
Tuesday, 21 Feb 2017 08:15am EST 

Jetblue Airways Corp : Jetblue appoints Steve Priest as chief financial officer .Jetblue airways corp - priest will succeed jim leddy, who served as interim chief financial officer since november.  Full Article

More From Around the Web

BRIEF-Jetblue Airways says entered into agreement with Goldman Sachs for accelerated share repurchase program

* Jetblue Airways Corp - on April 27 entered into an agreement with Goldman Sachs & Co to implement an accelerated share repurchase program