JetBlue posts quarterly loss, scales back Airbus orders

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AAR Corp. (AIR) Secures $5.1M Contract from U.S. Air Force to Provide Contractor Logistical Support for AN/MSN-7 Communications Central System

May 8, 2020 9:20 AM EDT

AAR (NYSE: AIR) a leading provider of aviation services to commercial and government operators, announced today that its AAR Integrated Technologies division has been awarded a firm-fixed-price (FFP) contract from the US Air Force Life Cycle Management Center (AFLCMC) Tinker AFB, Oklahoma, to provide contractor logistical support (CLS) for a fleet of 18 AN/MSN-7 Communication Central Systems. The support requirements include program management, supply of all the AN/MSN-7 parts, support... More

JetBlue Airways (JBLU) Misses Q1 EPS by 5c

May 7, 2020 7:33 AM EDT

JetBlue Airways (NASDAQ: JBLU) reported Q1 EPS of ($0.42), $0.05 worse than the analyst estimate of ($0.37). Revenue for the quarter came in at $1.59 billion versus the consensus estimate of $1.69 billion.

I could not be prouder of our JetBlue family not just over the past two decades but for their service to each other, our customers, and our communities as they provide an essential service during the coronavirus pandemic, said Robin Hayes, JetBlues Chief Executive Officer.

We entered this crisis with the second strongest balance sheet among U.S. airlines. In the past two months,... More