Photo Credit: Sabre believes it can help JetBlue grow if it merges with Spirit Airlines as planned. Wikimedia Commons / Eric Salard
Icahn hasn’t had the same success as activist campaigns at Southwest. JetBlue’s stock has continued to decline since he first disclosed his stake.
LinkedIn X Facebook Email Gift What specific initiatives make up JetBlue's JetForward strategy? How realistic is JetBlue's target of $1 EPS by 2028 given its debt and fuel costs? Could Icahn re-enter or rebuild his stake in JetBlue in the future? Select a question above or ask something else
JetBlue announced Thursday that the two Carl Icahn picks on the carrier’s board of directors would resign after the activist investor decreased his stake.
The resignations of Jesse Lynn, the general counsel of Icahn Enterprises, and Steve Miller, a portfolio manager at Icahn Capital, are effective immediately, JetBlue said.
“We appreciate the constructive partnership with JetBlue over the years as they have reshaped the airline and we look forward to seeing them continue to successfully execute the JetForward strategy,” Carl Icahn said in a statement.
JetBlue CEO Joanna Geraghty said in a statement Thursday that the carrier would still work tow
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Tags: activist investors , jet stream , jetblue airways
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