Market Chatter: JetBlue to Scale Back Newark, LaGuardia Presence to Focus on Fort Lauderdale

MT Newswires Live06-18

JetBlue Airways (JBLU) will shut down its flight attendant base at Newark Liberty International Airport and tech- operations bases at Newark and New York's LaGuardia Airport in autumn to cuts costs and bolster service in Fort Lauderdale, Florida, CNBC reported Wednesday, citing a statement from the airline

No employees will lose their jobs, though they may bid or transfer to other bases, the report said.

JetBlue said in a separate statement it's expanding premium service from Fort Lauderdale to San Diego, San Francisco and Los Angeles.

JetBlue did not immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 5.28, Change: +0.06, Percent Change: +1.05

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