A revolt?
Employees at JetBlue Airways are said to be in a revolt over
the airline’s financial decisions and the fact that it seems to be bogged down
in several court proceedings, according to A
View From the Wing.
JetBlue was told earlier this year by a judge to disband its
alliance with American Airlines, had rough third-quarter earnings, and is
currently embroiled in a trial in which it was sued by the United States
Justice Department over its potential merger with Spirit Airlines.
JetBlue appears to be struggling as it tries to marry its
finances with its generally good product reviews.
The acquisition of Spirit was thought to help, but the Biden
administration is cracking down on antitrust cases, and JetBlue appears to be
caught in the crosshairs. Some employees have noted that not only did JetBlue
pay $3.8 billion for Spirit—some say overpaid—but they are still paying Spirit
shareholders whether they win the current antitrust suit or not.
If JetBlue wins the DOJ trial, it still must pay out the
associated costs of acquiring a new airline, including retrofitting Spirit
planes.
There apparently is a “no confidence” petition circulating
regarding the board chairman and airline CEO Robin Hayes.
Still, JetBlue has a lot of attributes and maintains a good
reputation in the industry regarding the actual flights themselves.
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