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Monday, October 22, 2012

The Financial Performance of Jet Blue Airways Corporation

One of these weaknesses stands out as the fact that the spirit of cooperation among the company and its employees is slowly deteriorating. The reason is obvious; as the company becomes a lot more profitable its employees need to share inside the success they helped to produce for your airline.

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Senior Management: The senior management of JetBlue Airways Corporation includes Michael Lazarus the company Chairman; David Neeleman could be the CEO and Director; David Barger, is President and Chief Operating Officer; John Owen is Chief Financial Officer and Executive Vice President; Thomas Kelly is Executive Vice President and Secretary.

The stock of JetBlue Airways Business began trading on April 18, 2002. The closing price over a first day of active trading was $44.20. On December 13, 2002 there was a 3 for 2 stock split at JetBlue. In November of 2003, there was an additional Three for Two stock split. In accordance with Yahoo Finance (Online) the closing cost from the company stock adjusted for dividends and stock splits was $22.36 in April of 2002 after the stock became actively traded, and was $22.05 in October of 2004. JetBlue is often a achievement story in an airline industry in which many major U.S. based carriers are either under bankruptcy protection or are actively thinking filing for Chapter 11 bankruptcy protection.

 

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