JetBlue resets with new CEO, industry veterans to run airline on time, and profitably

Incoming CEO Joanna Geraghty will have to address JetBlue 's reliability and cost-control problems.

The airline is still losing money while larger airlines have returned to profitability post-pandemic.

In the 24 years since JetBlue Airways' first flight, the airline has pushed the envelope for a carrier of its size.

JetBlue 's most aggressive expansion was its pursuit of budget carrier Spirit Airlines .

It made a surprise offer for the carrier in April 2022 when Spirit had already agreed to merge with Frontier Airlines .

Justice Department sued to block the deal in March 2023 , arguing it would reduce competition.

JetBlue and Spirit said they are appealing the ruling, though analysts are skeptical.