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MarketBeat
MarketBeat
Jeffrey Neal Johnson

JetBlue's LaGuardia Win Could Change Its Financial Future

JetBlue LaGuardia Citigroup

Airlines face a complex operating environment characterized by rising fuel costs and shifting consumer travel patterns. In this environment, the right airport assets can quickly change a company’s financial outlook.

JetBlue Airways (NASDAQ: JBLU) recently secured final Federal Aviation Administration approval to absorb 22 takeoff and landing slots at LaGuardia Airport, previously held by the now-bankrupt Spirit Aviation (OTC: FLYYQ).

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