Stocks end mostly lower, extending losing streak for S&P 500
Stocks fell in morning trading on Wall Street Monday, continuing a losing streak that has brought the market down for six weeks in a row. (Courtney Crow/New York Stock Exchange via AP) (Courtney Crow)NEW YORK — (AP) — Stocks ended another wobbly day mostly lower on Wall Street Monday, extending a losing streak for markets. NEW YORK (AP) — Stocks edged higher on Wall Street Monday, but trading remains choppy as the market comes off six straight weeks of declines. U.S. crude oil prices rose 2.9% Monday and are up more than 50% for the year. Natural gas prices rose 3.9% and have more than doubled in 2022.
wftv.comStocks waver on Wall Street amid broader losing streak
Financial Markets Wall Street In this photo provided by the New York Stock Exchange, trader James MacGilvray works on the floor, Monday, May 16, 2022. Stocks fell in morning trading on Wall Street Monday, continuing a losing streak that has brought the market down for six weeks in a row. Technology stocks fell and tempered gains elsewhere in the market. U.S. crude oil prices rose 1.6% Monday and are up more than 50% for the year. Wall Street is closely watching how consumers react to pressure from inflation and will get several updates from the U.S. government and key retailers this week.
wftv.comStocks fall on Wall Street, continuing a losing streak
Stocks are opening modestly lower on Wall Street Monday, May 16, 2022 continuing a losing streak that has brought the market down for six weeks in a row. Spirit Airlines rose 7% after JetBlue said it would make a hostile offer for the budget carrier after Spirit rebuffed its earlier bid. (AP Photo/John Minchillo, File) (John Minchillo)NEW YORK — (AP) — Stocks fell in morning trading on Wall Street Monday, continuing a losing streak that has brought the market down for six weeks in a row. The sector has been a particularly heavy weight on the broader market as investors worry about high inflation and rising interest rates. Natural gas prices rose 5% and have more than doubled in 2022.
wftv.comWall Street opens modestly lower, continuing a losing streak
Financial Markets Wall Street In this photo provided by the New York Stock Exchange, trader James MacGilvray works on the floor, Friday, May 13, 2022. Stocks rallied on Wall Street Friday, but not enough to claw back all the losses the market has taken in this volatile week of trading. (Courtney Crow/New York Stock Exchange via AP) (Courtney Crow)NEW YORK — (AP) — Stocks are opening modestly lower on Wall Street Monday, continuing a losing streak that has brought the market down for six weeks in a row. Global shares were mixed and oil prices fell. South Korea's Kospi fell 0.3% to 2,596.58.
wftv.comWall Street points lower after sixth straight weekly decline
Financial Markets Wall Street In this photo provided by the New York Stock Exchange, trader James MacGilvray works on the floor, Friday, May 13, 2022. Stocks rallied on Wall Street Friday, but not enough to claw back all the losses the market has taken in this volatile week of trading. Last week, U.S. benchmarks logged their sixth straight weekly drop, the longest such streak since 2011. JetBlue will go straight to Spirit shareholders to ask them to reject a proposed $2.9 billion acquisition by Frontier Airlines. In energy trading, benchmark U.S. crude lost $1.16 to $109.33 a barrel in electronic trading on the New York Mercantile Exchange.
wftv.comJetBlue goes hostile in its bid for Spirit Airlines
Spirit-Frontier A Frontier Airlines aircraft flying over Gloster City, N.J., approaches Philadelphia International Airport, Oct. 22, 2021. Spirit Airlines' board still supports Frontier Airlines' $2.9 billion takeover bid for the airline, saying it determined JetBlue's competing $3.6 billion offer isn't a superior proposal. (AP Photo/Matt Rourke) (Matt Rourke)JetBlue is going hostile in its bid for Spirit Airlines and asking Spirit shareholders to reject a proposed $2.9 billion acquisition by Frontier Airlines. Spirit shareholders are scheduled to vote June 10 on the Frontier bid, which is favored by the Spirit board. Spirit has cited uncertainty about regulatory approval of JetBlue’s $3.6 billion offer for the Florida budget carrier.
wftv.comTrump-supporting couple kicked off JetBlue flight after using homophobic slur and ranting about 'king' Elon Musk, China, and masks, reports say
In a video of the incident at Florida's West Palm Beach airport, the disruptive couple tells JetBlue passengers that the US will end up like China.
news.yahoo.comMike Tyson caught on video punching man on flight to Florida
Legendary former boxer Mike Tyson was caught on camera repeatedly punching a man on a JetBlue flight Wednesday night that was scheduled to fly to Miami from San Francisco International Airport, News 6 partner WPLG-TV and TMZ Sports reported.
Dozens of flights canceled at OIA after weekend full of delays, cancellations
ORLANDO, Fla. — Nearly 80 flights were canceled on Monday morning at Orlando International Airport after a weekend of chaos. JetBlue and Spirit canceled one-third of their scheduled flights on Sunday because of weather issues. Bad storms on Saturday mixed with technical problems and “air space congestion” led to more than 3,500 canceled flights nationwide. Orlando and other Florida airports led the way because of weekend storms. Southwest told Channel 9 that many of its flights were canceled because of a technical problem, so it is allowing passengers to reschedule for free.
wftv.comSpring break strandings: Storms, tech issues disrupt thousands of flights nationwide
More than 10,000 total flights were disrupted Saturday and Sunday, April 2-3, 2022, with carriers citing Florida storms and a technology issue at Southwest Airlines for the lion’s share of the interference. (structuresxx/Getty Images/iStockphoto)Airlines canceled more than 3,500 U.S. flights this weekend and delayed thousands, leaving some spring breakers’ travel plans up in the air. >> Read more trending newsMore than 13,000 total flights were disrupted Saturday and Sunday, with carriers citing Florida storms and a technology issue at Southwest Airlines for the lion’s share of the interference, USA Today reported. Southwest, the nation’s largest domestic carrier, was the hardest hit in terms of the number of flights affected, with 520 takeoffs, or roughly 14%, canceled Saturday and 398 Sunday flights scuttled, USA Today reported. By contrast, JetBlue canceled 15% of its Saturday flights and 25% of its Sunday flights, while American Airlines canceled 364 Saturday flights and 211 Sunday flights, the tracker’s data indicated.
wftv.comGroup of airline pilots file suit against CDC, HHS over mask mandate
A group of 10 pilots from American, JetBlue and Southwest airlines are suing the Centers for Disease Control and Prevention and the Department of Health and Human Services over the federal mask mandate. >> Read more trending newsThe pilots claim in the suit that the mandate imposed on airline employees and on passengers pose a risk to pilot health, “imperiling airline safety.”The mask mandate went into effect in February 2021, nearly a year after the COVID-19 pandemic was declared. While most mandates have been dropped as cases of the novel coronavirus have declined, the mask mandate for public transportation remains in place. The suit goes on to say that the pilots feel the mask mandate was the cause of “buffoonish” behavior from passengers. “As pilots for major airlines, we have seen up close and personal the chaos in the sky created by the FTMM (Federal Transportation Mask Mandate), with thousands of reports to the Federal Aviation Administration of ‘unruly’ passenger behavior since the FTMM took effect Feb. 1, 2021.”The pilots are asking for the mandate to be dropped and the CDC and HHS to be banned from imposing another mask mandate.
wftv.comJetBlue, American Airlines, and Southwest pilots are suing the CDC over the federal mask mandate, saying it ignores scientific studies showing it is 'ineffective'
A group of 10 pilots working for major US airlines have launched legal action to try and end the requirement for masks to be worn on planes.
news.yahoo.comLearning to fly: JetBlue accepting applications for pilot Gateway programs
ORLANDO, Fla. — JetBlue announced it is accepting applications for its expanded Gateways pilot training program. The airline said the program offers anyone with the dream of flying a pathway to obtaining a highly skilled job in the airline industry. Read: Floridians could get gas-tax break just ahead of November electionJetBlue said its training program has produced hundreds of new pilots for the airline. The airline said 12% of last year’s new-hire pilots came from one of the several JetBlue Gateways programs. Read: Florida gas prices set another new record highMore information about JetBlue’s Gateways program can be found here.
wftv.comOrlando-based JetBlue pilot removed from cockpit ahead of takeoff for being drunk, officials say
ORLANDO, Fla. — An Orlando-based JetBlue pilot was arrested ahead of takeoff after registering twice the legal drinking limit, according to officials. Airport police were contacted and the pilot was removed from the cockpit, officials said. READ: Deputies: Orange County school employee arrested after confessing to having sex with studentClifton was given a portable breathalyzer test and registered a .17, or twice the legal limit. READ: Cargo ship filled with luxury cars sinks in Atlantic OceanIn a statement, JetBlue said:“The safety of JetBlue’s customers and crewmembers is our first priority. We are aware of the incident that occurred this morning in Buffalo and are cooperating fully with law enforcement.
wftv.comEXPLAINER: Why was holiday-season flying such a nightmare?
Flight Cancellations Katelyn Darrow gets some work done on her laptop as she waits to board her flight at the Philadelphia International Airport Friday, Dec. 31, 2021, in Philadelphia. Airlines are blaming wintry weather and high numbers of sickouts due to the rising number of COVID-19 infections around the country. January usually means fewer people flying, and that will be even more true in 2022 because many business travelers haven't returned to the skies. The global spread of omicron meant that widespread flight cancellations weren't limited to the U.S. Airlines in Europe and Australia reported similar problems with crew shortages. After more than 3,200 U.S. flight cancellations on Monday, the number for Tuesday was down to 1,400 at midday — better, although still very high.
wftv.com1,280 JetBlue flights canceled through mid-January due to omicron
Flights canceled FILE PHOTO: JetBlue has canceled about 1,280 flights into the next year. (Markus Mainka/Getty Images)The COVID-19 omicron variant is impacting travel plans into the new year. >> Read more trending newsJetBlue announced Thursday that it is cutting about 1,280 flights from its schedule through Jan. 13, Reuters reported. More coronavirus pandemic coverage:>> Coronavirus: How long between exposure to the virus and the start of symptoms? This tool will tell you>> How to not let coronavirus pandemic fatigue set in, battle back if it does©2021 Cox Media Group
wftv.comCOVID-19 variant disrupts holiday travel but not shopping
Holiday Travel Florida Travelers walk through Terminal A at Orlando International Airport on Christmas Day, Saturday, Dec. 25, 2021. (Stephen M. Dowell/Orlando Sentinel via AP) (Stephen M. Dowell)NEWARK, N.J. — (AP) — The latest COVID-19 variant is upending holiday plans for tens of thousands of travelers — but it didn’t do much damage to holiday shopping. But shoppers shrugged off the omicron variant, and holiday sales rose at the fastest pace in 17 years, according to one spending measure. Delta, United and JetBlue have blamed the omicron variant of the coronavirus for staffing shortages that forced cancellations. Holiday sales were up 10.7% compared with the pre-pandemic 2019 holiday period.
wftv.comCOVID variant disrupts holiday travel but not shopping
Holiday Travel Florida Travelers walk through Terminal A at Orlando International Airport on Christmas Day, Saturday, Dec. 25, 2021. (Stephen M. Dowell/Orlando Sentinel via AP) (Stephen M. Dowell)The latest COVID-19 variant is upending holiday plans for tens of thousands of travelers — but it didn’t do much damage to holiday shopping. But shoppers shrugged off the omicron variant, and holiday sales rose at the fastest pace in 17 years. Delta, United and JetBlue have blamed the omicron variant of the coronavirus for staffing shortages that forced cancellations. Holiday sales were up 10.7% compared with the pre-pandemic 2019 holiday period.
wftv.comHundreds more flights canceled because of staff shortages
Delta, United and JetBlue have blamed the omicron variant of the coronavirus for staffing shortages that forced cancellations. Delta canceled 5% and United canceled 4%, according to FlightAware. Mastercard Spending Pulse, which tracks all kinds of payments including cash and debit cards, reported Sunday that holiday sales had risen 8.5% from a year earlier. Holiday sales were up 10.7% compared with the pre-pandemic 2019 holiday period. Demand for tests has risen amid the surge fueled by the omicron variant.
wftv.comUS sues to stop deal between American Airlines and JetBlue
“In an industry where just four airlines control more than 80% of domestic air travel, American Airlines’ ‘alliance’ with JetBlue is, in fact, an unprecedented maneuver to further consolidate the industry," Garland said in a statement. American and JetBlue announced their deal last year and have already started to coordinate their flights in the Northeast. American and JetBlue argue that the deal is pro-consumer by making their combination a stronger competitor in the Northeast. The airlines argue that the Justice Department has no evidence that their agreement is leading to higher fares. American and JetBlue argue that nothing in their deal controls pricing, and that each airline will continue to set its own fares.
wftv.comJetBlue not departing New York for Florida, expanding at JFK
JetBlue is not departing New York. The low-cost airline announced Tuesday that it will keep its headquarters in Queens and expand its flagship terminal at John F. Kennedy International Airport. JetBlue had considered moving its headquarters to Florida when its lease at a building in Long Island City ends in 2023.
news.yahoo.comMan sues 7 airlines including JetBlue, Southwest, and Delta, which he accuses of discriminating against travelers who can't wear masks because of medical conditions
Lucas Wall said he's been stranded in Florida because he can't fly without a mask. He's accused several airlines' mask mandates of being discriminatory
news.yahoo.comSafety last: Risky investments soared at start of 2021
FILE - In this Tuesday, March 9, 2021, file photo, a JetBlue flight arrives at Salt Lake City International Airport, in Salt Lake City. (AP Photo/Rick Bowmer, File)NEW YORK – Who needs safety when the world's about to get back to normal? Worries are also rising that one the worst enemies of bond investors, inflation, may be set to return. The drops in bond prices sent the average intermediate-term core bond fund down 2.9% in the first quarter, as of Tuesday, according to Morningstar. Higher interest rates are adding more pressure on high-growth stocks, which were often lagging the market during the first quarter.
Southwest Airlines resumes normal boarding policy
(AP Photo/Charlie Riedel, File)Scrapping its coronavirus pandemic policy of boarding passengers in smaller groups, Southwest Airlines has resumed its traditional boarding procedures. The nation’s largest domestic carrier, which doesn’t assign seats, began boarding passengers in groups of 30 on March 15. It had been boarding passengers in groups of ten since it unveiled its “Southwest Promise” health and safety protocols last May. In early March, JetBlue stopped boarding passengers from back to front and resumed its traditional boarding procedures by groups. United and Delta still have pandemic boarding policies in place.
US jobless claims fall to 712,000 as pace of layoffs eases
A JetBlue flight arrives at Salt Lake City International Airport, Tuesday, March 9, 2021, in Salt Lake City. The Labor Department said Thursday that applications for unemployment aid dropped by 42,000 from 754,000 the week before. Though the job market has been slowly strengthening, many businesses remain under pressure, and 9.6 million jobs remain lost to the pandemic that flattened the economy 12 months ago. AdAll told, 4.1 million Americans are receiving traditional state unemployment benefits. Even where restrictions didn't exist, many Americans for months chose to stay home to avoid the risk of infection.
US airlines adding jobs, extending rebound from October low
The Transportation Department said Tuesday, March 9, 2021, that the airline industry employed 713,949 people full-time or part-time in January. Cargo airlines have added jobs while passenger airlines have shed workers, mostly through incentives for workers to quit or take early retirement. The Transportation Department said Tuesday that 713,949 people held full-time or part-time jobs at airlines in mid-January, up from 694,638 in December and the low of 673,278 in October. American Airlines eliminated 8,700 jobs, or 8% of its workers, and Southwest shed more than 4,600 jobs, or 7.5%. FedEx's express-delivery division grew by about 24,000 jobs, or 9.8%, United Parcel Service added 183 jobs, or 2.9%, in its air-shipment business, and smaller cargo carriers such as Atlas Air also added jobs, according to the Transportation Department.
JetBlue to stop blocking middle seats on flights
All rights reserved)ORLANDO, Fla. – JetBlue is the latest U.S. airline to announce it will stop blocking seats on flights. The company says it will reduce the number of middle seats it leaves empty starting Dec. 1. [TRENDING: COVID-19 closes early voting location | Can you get COVID-19 twice? Airlines have been blocking seats due to the coronavirus pandemic. Southwest announced last week it will start selling middle seats after Dec. 1.
JetBlue is the latest airline to retreat from blocking seats
The days of airlines blocking seats to make passengers feel safer about flying during the pandemic are coming closer to an end. A spokesman for the carrier said Thursday that JetBlue will reduce the number of seats it blocks after Dec. 1 to accommodate families traveling together over the holidays. Southwest Airlines said last week that it will stop limiting the number of seats it fills after Dec. 1. Some airlines promised to block middle seats to create more distance between passengers. Southwest CEO Gary Kelly made a similar reference to “scientific evidence” that cabins are safe, but he also cited a strong financial incentive to stop blocking middle seats.
Airlines say transmission of COVID-19 in flight is rare but so is data to prove it
DeSantis reassured travelers flying would not increase their chances of catching the virus but didnt disclose what data or studies could prove that. DeSantis said we track the best we can what goes on in Florida and asked the airline representatives if theyve seen in outbreaks related to air travel. The research we have seen to date, and our own investigations with the worlds airlines, tell us that the risk of catching COVID-19 on a flight remains very low. In general, the longer you are around a person with COVID-19, the more likely you are to get infected, according to CDC information on COVID-19 and travel. However, social distancing is difficult on crowded flights, and sitting within 6 feet of others, sometimes for hours, may increase your risk of getting COVID-19, according to CDC.gov.
American Airlines, JetBlue form partnership during coronavirus pandemic
All rights reserved)American Airlines and JetBlue are joining forces to help deal with the dip in air travel demand due to the coronavirus. Under their new partnership, the airlines can now sell seats on each other's flights and share frequent flyer benefits. American Airlines is much larger than JetBlue. the airline has a strong market position in New York. It also has key routes between New York City., Boston and Florida.
’Fly it forward:’ JetBlue to give free flights to 100,000 health workers
JetBlue is giving 100,000 health care workers roundtrip flights for two to honor their work amid the coronavirus crisis. It’s starting by giving flight certificates to 10,000 health care workers in New York City. Then it's giving 90,000 pairs of flight certificates to medical professionals across the U.S. pic.twitter.com/4crUlLlsMD — JetBlue (@JetBlue) May 6, 2020The recipients can use the certificates when the time is right to travel anywhere JetBlue flies. Three planes will do the flyover at 7 p.m. Thursday to coincide with the daily clapping in the big apple to applaud health care and essential workers.