JetBlue Streamlines Flight Network, Exits 5 Cities to Boost Financial Performance
Originally Published 1 year ago — by CBS News
JetBlue Airways is cutting unprofitable routes in the U.S. and overseas, including exiting Kansas City, Missouri, and Newburgh, New York, in an effort to reduce costs and free up aircraft for more profitable routes. The move comes after a federal judge blocked its $3.8 billion bid for Spirit Airlines, leading to the cancellation of the proposed merger. The airline cited limited aircraft availability due to grounded planes with engine issues as a driver for the route cuts, and plans to trim its route network in June to improve financial performance.