JetBlue is removing and scaling back routes as it tries to regain profitability. The air carrier on Tuesday (April 23) released earnings that showed the company reducing its revenue forecast for the year, as it exits some cities and reduces flights out of Los Angeles. “As we look...
If you’re looking for the same old bad news, don’t look at leisure travel, which appears to be the big recovery story of 2022, setting up a hopeful outlook for 2023. Speaking with PYMNTS Karen Webster, Visa Global Senior Vice President, Merchant Sales and Acquiring, Jeni...
After almost a year of a steady drumbeat of disastrous results out of the industry as a whole, airlines are starting to show up with increasing bookings figures and a sunnier outlook on the future. Last week both Southwest and American Airlines joined the growing...
Summer is here and while schools nationwide are emptying, families across the U.S. are readying for the annual pilgrimage to beaches, national parks, amusement parks, resorts and campgrounds nationwide. And those families heading out by planes, trains and automobiles each summer represent a pretty hefty...
January 05, 2023
If you’re looking for the same old bad news, don’t look at leisure travel, which appears to be the big recovery story of 2022, setting up a hopeful outlook for 2023. Speaking with PYMNTS Karen Webster, Visa Global Senior Vice President, Merchant Sales and Acquiring, Jeni Mundy said there’s an “air of optimism” around leisure travel. “If […]
July 30, 2024
JetBlue is focusing on its East Coast leisure routes as it works to return to profitability. The airline released quarterly earnings Tuesday (July 30) showing a $25 million profit, and said it plans to emphasize flights in and out of New York, Puerto Rico and New England, where it is adding new routes from Manchester, N.H. “Our network […]
April 23, 2024
JetBlue is removing and scaling back routes as it tries to regain profitability. The air carrier on Tuesday (April 23) released earnings that showed the company reducing its revenue forecast for the year,...
