Category: fox-business/organization/jetblue

JetBlue shares spike after Carl Icahn takes 10% stake

Shares of JetBlue Airways jumped Tuesday after activist investor Carl Icahn bought a nearly 10% stake in the carrier.   The billionaire behind Icahn Enterprises owns 33.62 million shares, which is equivalent to a 9.91% stake, according to a filing with the Securities and Exchange Commission that also noted Icahn believes the shares are “undervalued and represented an attractive investment opportunity.” JetBlue’s stock is on…

Spirit Airlines uncertainty has some pilots dusting off their resumes

Some pilots at Spirit Airlines are worried and scouring for other opportunities after a U.S. judge last month blocked the low-cost air carrier’s proposed merger with competitor JetBlue Airways, throwing its future into doubt. Spirit pilots, recruiters and industry sources told Reuters that the ruling has led to increased job applications at other places of employment. Spirit Chief Financial Officer Scott Haralson last week said…

Newsbreakforum