Headquarters: 27-01 Queens Plaza North
Long Island City, NY 11101
CEO: Robin Hayes
Stock Symbol: JBLU
JetBlue is one of the nation's leading
low-cost airlines and is based out of New York's JFK Airport.
JetBlue flies to over 100+ cities including all three NYC airports, Caribbean and Latin America and 26 countres. JetBlue has become the biggest airline serving JFK and Boston's Logan Airport.
In August 2021, JetBlue began transatlantic service from JFK to Heathrow Airport in London.
JetBlue flies mostly Airbus planes along with Embraer jets. The company took delivery of new Airbus A321 Long Range jets in 2021 for longer flights to London.
JetBlue is the only airline to have free DIRECTV satellite programming on the back of every seat with 36 channels. Planes have power outlets and USB connections in every seat. JetBlue offers Free WiFi called Fly-Fi.
Baggage fees on JetBlue are $35 for the first bag and $45 for the second.
The airline offers a premium seating experience called Mint on longer routes.
In 2020, the company reported revenues of $2.73 billion, a 64.9% decline from 2019 due to reduced traveling because of COVID-19. The company had a net loss of $1.3 billion in 2020.
JetBlue reported a load factor of 56.9% in 2020, down from 84.0% in 2019. The average fare paid per passenger was $191.42 in 2020, a 5% increase.
The average fuel price paid by JetBlue in the fourth quarter of 2020 was $1.31 per gallon, down 37% from 2019 due to the pandemic.
JetBlue announced in 2021 it will keep its headquarters in Long Island City and also expand Terminal 5 at JFK Airport with a new Terminal 6.
JetBlue also operates venture capital firm JetBlue Technology Ventures based in Silicon Valley that invests in transportation-related startups.
JetBlue Airways launched on February 11,
2000 with the inauguration of service between New York City's
John F. Kennedy Airport and Fort Lauderdale, FL.
JetBlue's origins date back to 1993, when
CEO David Neeleman sold his first airline, Salt-Lake City based
Morris Air, to Southwest Airlines. It was as a founder and President
of Morris Air that Neeleman proved that innovative, high-quality
airline service coupled with low fares will attract a strong
and loyal market.
Following the sale of Morris Air, Neeleman
went on to help launch WestJet, a successful Canadian low-fare
carrier, and to develop the e-ticketing system he had implemented
at Morris Air into Open Skies, the world's simplest airline reservation
system. Neeleman sold Open Skies to Hewlett Packard in 1999.
With three successful aviation businesses
under his belt, Neeleman decided the time was right to bring
his airline formula to the world's largest aviation market, New
York City. In July 1999, having secured a hand-picked management
team and $130 million in capital funding from investors such
as Weston Presidio Capital, George Soros and Chase Capital, Neeleman
surprised the aviation industry with the announcement of his
plan to launch a new airline that would bring "humanity
back to air travel."
The company went public in 2002.
Lufthansa purchased a 19 percent ownership
interest in JetBlue in 2007.
In 2014, the company sold its Live TV subsidiary to Thales of France for $400 million.
The company began charging bag fees in 2015.
Maximize your Health
- Medical Insurance
- Full-Time Prescription Coverage
- Dental Insurance
- Vision Insurance
- Group Legal
- Flexible Spending
- Life Insurance
- Short Term Disability Insurance
- Long Term Disability Insurance
- Pilot Loss of License
- Health Risk Assessment
- Disease Management Programs
Maximize your Wealth
- 401(k) Plan
- Roth 401(k)
- Self-Directed Accounts (SDA)
- Guaranteed Profit Sharing (not available to LiveTV®)
- Stock Purchase Plan (not available to LiveTV®)
- Airline Credit Union
- Voluntary Discount Programs
- Free and reduced rate standby travel on JetBlue flights
- Discounted standby travel on other airlines