Latest news with #JoannaGeraghty
CNBC
3 days ago
- Business
- CNBC
JetBlue CEO Joanna Geraghty on United partnership
Joanna Geraghty, JetBlue CEO, joins 'Closing Bell Overtime' to talk its partnership with United, changes in route structures, travel demand, and more.
Yahoo
3 days ago
- Business
- Yahoo
What to know about the new JetBlue-United partnership
JetBlue and United Airlines on Thursday unveiled a partnership that will allow customers to apply bonus miles and loyalty benefits across the two airlines, while paving the way for the resumption of United flights at New York City's John F. Kennedy airport. Loyalty rewards to be applicable across JetBlue and United will affect benefits like priority boarding, complimentary access to preferred seats and same-day flight changes, the two airlines said in a joint statement. The partnership, dubbed 'Blue Sky,' will also afford customers the use of bonus miles for flight offerings across both airlines, expanding the travel network available to passengers. MORE: Stocks climb after court blocks some of Trump's tariffs Meanwhile, United will gain access to as many as seven daily round-trip flights from JFK airport beginning in 2027. The company last offered flights from the airport in 2022. "This collaboration with United is a bold step forward for the industry – one that brings together two customer-focused airlines to deliver more choices for travelers and value across our networks," JetBlue CEO Joanna Geraghty said in a statement. Under the agreement, each airline will offer flights on the other company's website. The firms will independently oversee and price their respective flights, however, the joint statement said. "Blue Sky reflects our airlines' shared focus on innovation and the customer experience," United CEO Scott Kirby said in a statement. The loyalty offerings and bonus-mile network are set to begin as soon as the fall, pending approval from regulators. The partnership will provide United customers with greater access to flights in the Northeast, especially in Boston and New York, where JetBlue operates a combined 310 daily flights, according to the statement. JetBlue customers, meanwhile, are set to gain access to hundreds of additional domestic and international flights, including dozens across Europe, Africa, Asia and the Middle East. JetBlue has struggled to compete with its larger counterparts, such as Delta, American and Southwest. United controls about 16% of the U.S. airline market, while JetBlue accounts for roughly 4% of the market, U.S. Department of Transportation data shows. Last month, JetBlue reported a loss of $208 million over a three-month period ending in March, which marked a smaller loss than the airline had suffered over the same quarter a year earlier. The company also withdrew its full-year guidance, saying it expected a continuation of soft demand. MORE: Trump administration backtracks on Harvard foreign student policy United, by contrast, reported revenue of $13.2 billion over the first three months of 2025, marking an increase of 5% from the same period a year ago. Speaking on an earnings call in January, Geraghty hinted at the possibility of a future agreement, saying JetBlue had opened conversations with 'a number of carriers right now to discuss the potential for future partnership.' In early trading on Thursday, shares of JetBlue fell about 2%. Shares of United jumped 1.7%. What to know about the new JetBlue-United partnership originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New York Post
3 days ago
- Business
- New York Post
New JetBlue and United partnership links loyalty programs and boosts frequent-flyer perks
United Airlines and JetBlue Airways are elevating their frequent flier perks through a new partnership. The two airlines announced a new loyalty collaboration called Blue Sky, which will allow United's MileagePlus members and JetBlue's TrueBlue members to earn and redeem points and miles on 'most' flights operated by the other airline. If approved by regulators, other frequent-flier benefits will also be offered when travelers fly on the other airline at no extra cost, including priority boarding, free baggage and preferred seats. The program is targeted to start in the fall, according to USA Today. 3 JetBlue and United announced a new loyalty collaboration called Blue Sky. Tayfun CoSkun/Anadolu Agency via Getty Images The airlines will also offer flights on one another's websites and apps. Additionally, they will show the other's itineraries and fares on the website and apps when passengers search for flights to book. 'United's global reach perfectly complements JetBlue's East Coast leisure network, and significantly expands the options and benefits for TrueBlue members, no matter where in the world they are traveling,' Joanna Geraghty, CEO of JetBlue, said in a statement. 3 The airlines will offer flights on one another's websites and partnership also means the return of United flights to New York's John F. Kennedy International Airport after the airline shut down operations at JFK in 2022. The new venture comes amid chatter about a As part of the agreement, JetBlue will give United access to space at JFK for up to seven daily round-trip flights beginning in 2027. JetBlue currently sees about 180 round trips per day at the airport. JetBlue and United will also exchange eight flight time slots at Newark Liberty International Airport. 'We're always looking for ways to give our MileagePlus members even more value and benefits and this collaboration gives them new, unique ways to use their hard-earned miles and find options that fit their schedule,' United CEO Scott Kirby added in the statement. 'Plus, our employees are really excited about United's return to JFK for the longer term, and we're all looking forward to starting up flights very soon.' As was previously reported, JetBlue had been interested in forming a partnership, with an aim 'to better compete against larger airlines like United and their shared rival Delta Airlines,' according to CNBC. 3 JetBlue and United will also exchange eight flight time slots at Newark Liberty International the announcement noted that JetBlue and United will still operate as separate, independent companies, managing and pricing their networks independently, including the launch of new routes, frequencies and promotions. The announcement comes shortly after United announced that starting June 3, it will require domestic travelers to check in at least 45 minutes before departure, syncing the carrier up with Delta and American, which have already done the same.
Yahoo
3 days ago
- Business
- Yahoo
United Airlines and JetBlue Airways to allow frequent flyers to earn and use miles on each other's airline
United Airlines and JetBlue Airways announced an agreement Thursday morning to share frequent flier benefits and sell tickets on each other's websites. If approved by regulators, the deal, called 'Blue Sky,' would allow United's MileagePlus members and JetBlue's TrueBlue members to earn and redeem miles on 'most' flights operated by the other airline, according to a statement from the carriers. Frequent flyer benefits, including priority boarding, free baggage and preferred seats will be offered when passengers travel on the other airline's aircraft. More details will be announced later this year, the statement notes. Both airlines will also display the other's itineraries and fares on their website and apps when passengers search for a flight to buy, the statement said. JetBlue previously had an alliance with American Airlines that ended in 2023 after a Justice Department lawsuit under the Biden administration. As part of the agreement with United, JetBlue will also give United space for seven round trips a day at John F. Kennedy Airport starting as early as 2027. United shut down all operations there in 2022, focusing on the other side of New York at Newark Liberty International Airport. JetBlue currently operates about 180 round trips a day at JFK. 'United's global reach perfectly complements JetBlue's East Coast leisure network, and significantly expands the options and benefits for TrueBlue members, no matter where in the world they are traveling,' Joanna Geraghty, CEO of JetBlue said in a statement. 'We're always looking for ways to give our MileagePlus members even more value and benefits and this collaboration gives them new, unique ways to use their hard- earned miles and find options that fit their schedule,' United CEO Scott Kirby said in the same statement. The airlines will remain separate companies and will manage and price their flights independently, the statement noted. The Biden administration took a very activist position opposing business combinations. Besides opposing the JetBlue and American alliance, it also filed an antitrust suit that was successful in blocking JetBlue's purchase of Spirit Airlines. The Trump administration has signaled it is far more open to allowing mergers to go through, announcing rules that will give a clearer path towards banking mergers, for example. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
3 days ago
- Business
What to know about the new JetBlue-United partnership
JetBlue and United Airlines on Thursday unveiled a partnership that will allow customers to apply bonus miles and loyalty benefits across the two airlines, while paving the way for the resumption of United flights at New York City's John F. Kennedy airport. Loyalty rewards to be applicable across JetBlue and United will affect benefits like priority boarding, complimentary access to preferred seats and same-day flight changes, the two airlines said in a joint statement. The partnership, dubbed 'Blue Sky,' will also afford customers the use of bonus miles for flight offerings across both airlines, expanding the travel network available to passengers. Meanwhile, United will gain access to as many as seven daily round-trip flights from JFK airport beginning in 2027. The company last offered flights from the airport in 2022. "This collaboration with United is a bold step forward for the industry – one that brings together two customer-focused airlines to deliver more choices for travelers and value across our networks," JetBlue CEO Joanna Geraghty said in a statement. Under the agreement, each airline will offer flights on the other company's website. The firms will independently oversee and price their respective flights, however, the joint statement said. "Blue Sky reflects our airlines' shared focus on innovation and the customer experience," United CEO Scott Kirby said in a statement. The loyalty offerings and bonus-mile network are set to begin as soon as the fall, pending approval from regulators. The partnership will provide United customers with greater access to flights in the Northeast, especially in Boston and New York, where JetBlue operates a combined 310 daily flights, according to the statement. JetBlue customers, meanwhile, are set to gain access to hundreds of additional domestic and international flights, including dozens across Europe, Africa, Asia and the Middle East. JetBlue has struggled to compete with its larger counterparts, such as Delta, American and Southwest. United controls about 16% of the U.S. airline market, while JetBlue accounts for roughly 4% of the market, U.S. Department of Transportation data shows. Last month, JetBlue reported a loss of $208 million over a three-month period ending in March, which marked a smaller loss than the airline had suffered over the same quarter a year earlier. The company also withdrew its full-year guidance, saying it expected a continuation of soft demand. United, by contrast, reported revenue of $13.2 billion over the first three months of 2025, marking an increase of 5% from the same period a year ago. Speaking on an earnings call in January, Geraghty hinted at the possibility of a future agreement, saying JetBlue had opened conversations with 'a number of carriers right now to discuss the potential for future partnership.' In early trading on Thursday, shares of JetBlue fell about 2%. Shares of United jumped 1.7%.
