Azul SA, the Brazilian airline led by JetBlue Airways Corp. founder David Neeleman, filed for an initial public offering in the U.S., following at least two previous delays because of slumping Brazilian stocks. The Sao Paulo-based airline filed Monday for a $100 million IPO, a placeholder amount used to calculate fees that may change.
Category: JetBlue Airways
Your In-Flight Movie Screen Is Going Extinct
Book a domestic flight on any of the Big Three U.S. airlines, and you won’t be sure whether the seat in front of you has a screen. Some do, while most don’t.
As Delta Gets Called Out by Politicians, Analyst Senses an Airline Industry Correction
A top airline industry analyst senses a share price correction after various carriers suffer problems, including a decline for Delta after it gets drawn into politics. Monday was a bad day for the big three airlines, bad enough that by midday JPMorgan analyst Jamie Baker had raised the question: “Could this be the start of a correction?” During the day Delta , which suffered an IT systems outage Sunday night, got drawn into politics.
American Express: Signs of Life Amidst the Costco Rubble
In January 2015, the stock traded as high as $94. Two years later and the stock price cannot sniff $80, much less its former highs.True, it is well off its lows from last year, but it might be quite a while before it regains its former heights.
BusinessAviationVoice: Finding Opportunity in Creative Disruption
Here’s a prediction for 2017: more private jet charter operators-eager to tap into the “democratization” of business aviation-will announce partnerships with commercial airlines who are demonstrating more imagination of their own in developing new revenue sources. Several months ago, JetBlue Airways made a minority equity investment in JetSuite, helping to fuel its fast growing JetSuiteX service.