Company Watch - JetBlue Airways.May 14, 2007 JetBlue resignation spotlights industry challenges David Neeleman's resignation from the top post at JetBlue Airways For the Jet Blue database used in Exchange Server and Active Directory, see Extensible Storage Engine. JetBlue Airways is a major American low-cost airline owned by JetBlue Airways Corporation (NASDAQ: JBLU). demonstrates how difficult and competitive the airline business has become in the past few years, with airlines struggling with soaring fuel costs, operations issues and stagnant stagnant /stag·nant/ (stag´nant) 1. motionless; not flowing or moving. 2. inactive; not developing or progressing. fare prices. May 11, 2007 JetBlue considers California expansion JetBlue is considering adding flights from several cities in alifornia. David Neeleman David G. Neeleman (born October 16, 1959) is the founder and former CEO of JetBlue Airways. Neeleman, an American of Dutch descent, was born in São Paulo, Brazil.[1] , who today announced he is stepping down as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and will be nonexecutive board chairman, said fares are now higher on the West Coast than they are on the East Coast. He reiterated that the airline expects to post a profit for the first quarter and the full year. May 10, 2007 JetBlue Airways removed David Neeleman as chief executive on Thursday, three months after a major service meltdown meltdown Occurrence in which a huge amount of thermal energy and radiation is released as a result of an uncontrolled chain reaction in a nuclear power reactor. The chain reaction that occurs in the reactor's core must be carefully regulated by control rods, which absorb , putting the 47-year-old founder of the company into the role of nonexecutive chairman. May 10, 2007 JetBlue has strengthened its executive team in recent months following the disruption disruption /dis·rup·tion/ (dis-rup´shun) a morphologic defect resulting from the extrinsic breakdown of, or interference with, a developmental process. of hundreds of flights by winter storms, which highlighted the inability of its systems to cope with rapid growth. Mr Neeleman founded JetBlue in 1998 after selling his Morris Air business to Southwest Airlines This article is about the American airline. For the former Japanese airline, see Japan Transocean Air. For the British airline, see Air Southwest. Southwest Airlines Co. and spending a short spell with the largest US domestic carrier before launching another airline in Canada. May 10, 2007 JetBlue CEO Steps Aside On Thursday, the carrier announced its president, Dave Barger, would also serve as CEO of the airline effective immediately, as founder and CEO David Neeleman transitions to a full-time position as non-executive chairman of the board, a position he has held since 2002. May 10, 2007 JetBlue Airways said that traffic rose 11.6% in April, while capacity increased 12.8%. Load factor, or the percentage of the plane filled with passengers, fell 0.9 percentage points to 84.7%, the New York-based carrier said. May 7, 2007 Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new, free service that aims to keep travelers informed flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Air Travel Media / Pyramid Media Group. All rights reserved. May 7, 2007 |
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