JetBlue 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.comJetBlue CEO, whose mom received Covid vaccine in UK, is optimistic on travel recovery in 2021
There are hundreds of millions of people like her all over the world," he added, calling the Covid-19 vaccine "a game changer for everybody." However, the start of Covid-19 vaccinations have offered hope of a more complete economic recovery in 2021, particularly in beleaguered sectors like travel and hospitality. The administration of Pfizer and BioNTech's vaccine began in the U.K. last week and in America this week. "We see our leisure business largely recovered by the end of next year. We think business travel will take a little bit longer but that's only about 15% to 20% of what we fly," he said.
cnbc.comJetBlue CEO says flight bookings for holiday season have not yet been hurt by rising Covid cases
"We continue to see a fair bit of interest for travel around the Thanksgiving and holiday period," Hayes said on "Closing Bell." ... We've been in a rising case count here for a couple weeks, and so far, we haven't seen an impact on bookings." Earlier Tuesday, New York City Mayor Bill de Blasio urged the city's residents not to travel outside of the state for the upcoming holidays. The mayor's concerns about holiday travel echo those of Dr. Anthony Fauci, the nation's leading infectious disease expert. Fauci has said his children, who live in three different states, have decided not to travel to see him for Thanksgiving.
cnbc.comEx-North Carolina Rep. Hayes gets probation for lying to FBI
CHARLOTTE, N.C. A former North Carolina congressman was sentenced Wednesday to probation for lying to FBI agents about his role in a scheme with a wealthy insurance company magnate to try to bribe the states top insurance regulator. Ex-U.S. Rep. Robin Hayes received no prison time from U.S. District Judge Max Cogburn, in keeping with the requests of federal prosecutors and Hayes attorneys. The insurance executive, Greg Lindberg, and another person convicted in the case were to be sentenced later in the day. A wealthy insurance and investment firm founder, Lindberg had been among the states top political donors. The government had recommended probation for Hayes, 75, because they said he admitted his crime, accepted responsibility and agreed to cooperate.
JetBlue CEO says demand for flights has fallen more due to coronavirus than after 9/11
JetBlue CEO Robin Hayes said Tuesday that demand for airline flights has fallen more in response to the coronavirus than it did after 9/11. Hayes, appearing on CNBC's "Closing Bell," said the industry saw a 30% decline in demand from August 2001 to October 2001. Southwest Airlines CEO Gary Kelly also recently said the coronavirus has created a fear of flying that has a "9/11-like feel." United President Scott Kirby added that gross bookings, which he said are a better measure of current demand, are down 25%. Like many other airlines, JetBlue is making adjustments to its flight schedules between March and early May.
cnbc.com