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JetBlue Airways told staff on Tuesday that it is culling a host of routes, making it the carrier's latest move to cut costs in the wake of a failed attempt to acquire Spirit Airlines and a Pratt & Whitney engine issue that has grounded some of its Airbus planes.
Business: JetBlue is a New York-based airline company serving over 100 destinations across the United States, the Caribbean and Latin America, Canada and Europe. JetBlue was incorporated in August 1998 and commenced service on Feb. 11, 2000.
Shares in Swiss software company Temenos were down over 6% on Friday afternoon, extending Thursday's losses when they closed over 28% lower.
Activist investor Carl Icahn on Monday reported a nearly 10% stake in JetBlue Airways, saying the airline stock is undervalued. Shares of JetBlue spiked more than 15% in extended trading.
Stock futures ticked lower on Monday evening as investors prepared for a key inflation report.