Barger, previously president and COO of JetBlue, was named the airline’s CEO. JetBlue’s board promoted Barger to the CEO role in the wake of a highly publicized operational crisis in February that led to the cancellation of over 1,100 JetBlue flights and adversely affected the travel plans of thousands of passengers. Though numerous interviews and meetings during the past day allowed Barger to outline his vision for the airline, he realized that he needed to move quickly in implementing that
As a giant in the airline industry, JetBlue
Running Header: JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation Borislav Belenov, Wade Brashear, Jamie Clausen, Paul Collier, Nicole Hagan and Melissa Lein Managerial Finance Chadron State College Professor Steve Stoner May 2009 David Neeleman is the founder of JetBlue Airways, which began under the name of “New Air” in 1999. Many JetBlue executives were previously employed by Southwest Airlines, a competitor in the area of low cost travel. However, Mr. Neeleman’s vision was
Executive summary JetBlue was founded by David Neeleman in 1998 and is America’s youngest airline flying to over 35 destinations including Caribbean and Atlantic regions. The key strategies and competitive advantages of JetBlue are the maximisation of its workforce productivity, high quality of service and innovation with affordable prices, low cost ticketing system, and efficient aircraft utilisation. JetBlue is a low-cost airline with a differentiated approach in regards to the high
Jetblue has many legal issues with the airline since they launched it. The Airlines industry is one of the most important part of the country’s economy, and many other factors which can make the possible to success of any airline industry. Legal issues can effects on the staff, financing, competitors, government regulations and climatic conditions. Jetblue airways, was founded in 1999 but made it maiden flight in 2001, and since then Jetblue is one of the most profitable companies in America. Jetblue
(Rubric A. Identify National Employment Law #1) A second national employment law that JetBlue needed to adhere to, was the “Age Discrimination in Employment Act” (Mondy, 2008, p. 62), which was enacted in 1967, and later amended in 1978, and again in 1986. The original law prohibited employers from discriminating HUMAN RESOURCE STRATEGIES
From studying the various financial reports of both Southwest and JetBlue, we would recommend that both companies proceed with the merger. While Southwest has more liquidity and will be financially stable upon paying their debt in 2021, JetBlue has a less favorable debt to equity ratio (Morningstar.com). However, given the combination of their assets we believe both companies can benefit from the opportunity to pool resources and drive down operational costs. The merged company would gain a great
Case study—JetBlue airways IPO valuation Introduction: As a leader of airways industries, JetBlue is successful because of professional services and a good management team. In 2002, JetBlue became a public company. Despite the fact that US airline industry had witness 87 new airline failures over the previous 20 years, Jetblue overcame difficulties and expressed confidence in the bright future. Before going public Before going public in 2002, JetBlue has outstanding advantage in the whole
UVA-F-1415-SSRN v 1.2 JETBLUE AIRWAYS IPO VALUATION My neighbor called me the other day and she said, 'You have an interesting little boy. ' Turns out, the other day, she asked my son Daniel what he wanted for Christmas. And he said, 'I want some stock. ' 'Stock? ' she said. 'Don 't you want video games or anything? ' 'Nope, ' he said, 'I just want stock. JetBlue stock. ' --David Neeleman, CEO and Founder, JetBlue Airways It was the first week of April 2002, barely two years since the first
Question 4: Value of JetBlue in every steps to avoid problem WestJet have two major problems lead them crash down, which is transfer the files from old reservation system to new system without backing up the data and the second one is did not have enough staff to response customers complained. According to Laudon and Laudon (2014), both JetBlue and WestJet are using the same business strategy which is low cost and good service to achieve the goal. And also both of them are used to a small company