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JetBlue May Have Finally Been on a Good Path, but Icahn’s Investment Changes Things
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Welcome back to the second part of Carl Icahn week. I wrote about what Icahn did to TWA back in the 1980s on Tuesday. Now, we can try to read the tea leaves and see…
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A Look at Carl Icahn’s TWA Experience Before Looking Ahead to JetBlue
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Let’s call this Carl Icahn week here at Cranky. This Thursday is the fourth annual Cranky Network Awards, and I’m already up in Oakland getting everything ready for the big night. I have two posts…
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Cranky on the Web: JetBlue’s Reset
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JetBlue resets with new CEO, industry veterans to run airline on time, and profitably – CNBCThere is a lot going on at JetBlue, and this story starts to do an overview. But next week, I…
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Cranky Weekly Review Presented by Oakland International Airport: Icahn is Back, Frontier’s Ohio Growth
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Icahn’s Big Blue Gamble JetBlue stock shot up this week when former TWA executive Carl Icahn purchased a 10% stake in the airline. Icahn took over TWA in 1985, starting in a similar manner, before…
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After 35 Years, Lakeland Gets Another Chance with Avelo
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Sometime in the spring of 1988, the last Delta Connection puddle jumper departed Lakeland, Florida and never looked back. Since then, there have been exactly zero scheduled commercial airline flights. That will be changing, likely in May…
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Spirit’s Turnaround Plan is Filled With Hopes and Dreams, Few Specifics
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To the surprise of nobody, Spirit lost a bunch more money in the fourth quarter of 2023. In fact, it lost over $160 million excluding special items for a miserable -12.4 percent operating margin. This is not…
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When Hot Markets Go Cold: Vegas Edition
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I looked at the awful Q3 results for Orlando last week, and this week it’s time to look at the other market everyone’s talking about: Las Vegas. Las Vegas is similar to Orlando in that…
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Cranky on the Web: 10 Years Since United Left Cleveland
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Lower fares, fewer flights: How the closure of United’s hub in Cleveland has altered air travel over 10 years – Cleveland.comIt’s been 10 years since United shuttered its Cleveland hub, and the local paper put…
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Cranky Weekly Review Presented by Oakland International Airport: Spirit Comes Up Short, Frontier Adds a Perfect 10
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Spirit Ends Tumultuous Year in the Red Spirit Airlines’s 2023 Earnings Report revealed that 2023 ended with a loss as the carrier reported a $215 million deficit for Q4, capping a year that saw a…
