Latest news with #BlueSky
UPI
7 hours ago
- Climate
- UPI
Defense Department opts to not end satellite data for storm forecasts
An infrared satellite image of the Atlantic Ocean shows Hurricane Dorian on Sept. 6, 2019, as a Category 2 hurricane. U.S. Navy photo via Naval Research Laboratory July 30 (UPI) -- The U.S. Defense Department won't end the dispersal of key satellite weather data on Friday as planned. One month ago, the National Oceanic and Atmospheric Administration published a notice about the change by the U.S. Navy, effective July 1. Then NOAA said the change would be delayed by one month until Thursday. In an update posted Wednesday, the phase-out plans were pushed back one year. "The Fleet Numerical Meteorology and Oceanography Center (FNMOC) has announced plans to continue distribution of Defense Meteorological Satellite Program (DMSP) data beyond July 31, 2025," the update said. "As a result, there will be no interruption to DMSP data delivery." With the peak hurricane season underway, forecasters with the National Weather Service, National Hurricane Center, media outlets, private meteorologists and weather watchers had expressed concern about not getting the satellite imagery. "Crisis averted," Michael Lowry, a meteorologist at the Storm Surge Unit of the National Hurricane Center, posted on Blue Sky, noting it "means our hurricane forecast tools should stay intact." A U.S. Space Force spokesperson said in a statement that the satellites and instruments are functional and that the Department of Defense will continue to use them. A U.N. Navy official told ABC News that plans were to "phase out the data as part of the Defense Department modernization effort," but pushed it back after feedback and a "way to meet modernization goals while keeping the data flowing until the sensor fails or the program formally ends in September 2026." For 40 years, the Pentagon has operated satellites for atmospheric and ocean conditions. Special Sensor Microwave Imager Sounder Sensors onboard three DMSP satellites will be turned off. The satellites gather multiple wavelengths of light, including visible, infrared and microwave, Kim Wood, an atmospheric scientist at the University of Arizona, told Scientific American. Microwaves are used to monitor hurricanes, Wood said, "because the waves are so long they get through the tops of the clouds" and help scientists to understand a storm's inner workings, especially those that occur at night. With the real-time data, hurricane experts can see where the center of a storm forms, and hence figure out the direction where it could be headed, including land. They can see when a new eyewall forms, which helps determine intensity. That was done with Hurricane Erick earlier this month in the Pacific Ocean. The Navy uses data to track conditions for its ships. "It's not an issue of funding cuts," Mark Serreze, the director of the National Snow and Ice Data Center, a federally funded research center in Colorado, told NPR. "There are cybersecurity concerns. That's what we're being told." Nevertheless, the Trump administration has been making cuts to the federal agencies with dealing with weather. The National Hurricane Center, which is overseen by NOAA, didn't expect less-accurate forecasts. "NOAA's data sources are fully capable of providing a complete suite of cutting-edge data and models that ensure the gold-standard weather forecasting the American people deserve," NOAA communications director Kim Doster told NPR. NOAA and NASA also operate satellites that are used for forecasts. The hurricane season runs from June 1 to Nov. 30 with six so far named in the Pacific and three so far in the Atlantic.
Yahoo
12 hours ago
- Business
- Yahoo
Why JetBlue Stock Took Off Today
Key Points JetBlue posted a second-quarter beat thanks to strong demand, especially around the holidays. The company's cost-cutting plan is proceeding as scheduled. JetBlue still needs to answer questions about long-term growth. 10 stocks we like better than JetBlue Airways › JetBlue Airways (NASDAQ: JBLU) lost less money than expected in the second quarter and said that booking momentum has continued through the summer. Investors were climbing on board, sending JetBlue shares up 16% at the open and up 5% as of 10:15 a.m. ET. Demand fuels beat JetBlue has been flying into headwinds of late. The airline has neither the size and scale to compete with the industry's largest players, nor the cost structure to match discounters. JetBlue lost $0.16 per share in the second quarter on revenue of $2.4 billion, topping Wall Street's forecast for a $0.33-per-share loss on $2.3 billion in revenue. Revenue was up thanks to strong demand during peak periods, including Easter and Memorial Day, as well as success selling premium services like cabin upgrades. "Demand for air travel improved as the quarter progressed, resulting in significant strength for bookings within 14-days of travel, as well as for peak travel periods," company president Marty St. George said in a statement. "We are encouraged to see that momentum carry into July and we are optimistic that demand will continue to improve through the end of the year." JetBlue is also making progress setting up its new "Blue Sky" alliance with United Airlines Holdings, and said it expects to realize about $300 million of its nearly $900 million in restructuring plans by year-end. Is JetBlue a buy? JetBlue is doing better than some had feared, but the airline remains in a tough position. The company can shrink its way toward profitability for now, but for long-term focused investors there is still the question of where growth will come from. If nothing else, the results suggest that JetBlue is in no immediate danger and that management's plan to transform the business is going as scheduled. That's reason for optimism among current holders, but new investors should remain cautious when considering JetBlue. Should you buy stock in JetBlue Airways right now? Before you buy stock in JetBlue Airways, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and JetBlue Airways wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $633,452!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,083,392!* Now, it's worth noting Stock Advisor's total average return is 1,046% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Lou Whiteman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why JetBlue Stock Took Off Today was originally published by The Motley Fool Sign in to access your portfolio
20 hours ago
- Business
Department of Transportation approves new Blue Sky partnership between JetBlue, United Airlines
It's blue skies ahead for JetBlue and United Airlines. The carriers announced this week that they had received Department of Transportation approval to team up, launching a partnership that they say will offer travelers more booking options, loyalty and frequent flyer programs, and more flight spots at top airports. The airlines first announced their intention to create the new partnership back in May. On Tuesday they announced they had completed the DOT review of their Blue Sky collaboration, allowing them to proceed to implementation. "JetBlue and United appreciate Secretary Duffy, Assistant Secretary Edwards, and the entire team at the DOT for their review of Blue Sky. JetBlue and United will share more details in the coming weeks as implementation of the Blue Sky collaboration begins," the carriers said in a joint press release. What to know about new Blue Sky collaboration from JetBlue, United Airlines According to the press release, the partnership was designed to "give customers of both airlines even more options to find flights that fit their plans as well as new opportunities to earn and use MileagePlus miles and TrueBlue points across both airlines." "Blue Sky will begin introducing new customer benefits starting this fall, rolling out in phases," the airlines stated. Here's a snapshot of what to expect. More booking options This traditional interline agreement will allow both airlines to offer flights on one another's website and apps for seamless booking. Loyalty program crossover United's MileagePlus customers will be able to earn and use miles on most JetBlue flights; JetBlue's TrueBlue members in turn can now earn and use points for flights on United's domestic and international network. Benefits from the airlines' loyalty programs -- such as priority boarding, complimentary access to preferred and extra legroom seats, and same-day standby or changes -- will be available to customers across both carriers. More flights at different airports JetBlue said it will provide United access to slots at John F. Kennedy International Airport in New York for up to seven daily round-trip flights out of Terminal 6, which will start in 2027. JetBlue and United will also exchange eight flight timings at Newark Liberty International Airport in New Jersey.
CTV News
2 days ago
- Business
- CTV News
JetBlue, United partnership gets go-ahead from U.S. Transportation Department
In this Oct. 18, 2019, file photo a JetBlue Airways flight flies in to Salt Lake City International Airport in Salt Lake City. (Rick Bowmer / AP Photo) JetBlue and United Airlines have cleared the U.S. Department of Transportation's review of their planned partnership which allows them to proceed with the implementation, the companies said on Tuesday. JetBlue had been seeking partnerships after a federal judge blocked its alliance with American Airlines in 2023. In May, JetBlue and United unveiled a partnership, dubbed 'Blue Sky,' that would allow travelers to book flights on both carriers' websites, while interchangeably earning and using points in their frequent flyer programs. Under the agreement, JetBlue would also provide United access to slots at the congested JFK International Airport at New York for up to seven daily round-trip flights, set to begin in 2027. The company said that the partnership is expected to contribute US$50 million more in incremental operating profit than it had initially planned. 'We believe Blue Sky will enable each airline to offer its customers access to hundreds of new flights and destinations through a traditional interline agreement,' said Marty St. George, JetBlue's president. Spirit Airlines in June had urged the U.S. transportation body to reject the collaboration between the two carriers, saying it was anticompetitive and would prompt other large carriers to pursue similar deals. Michael Ashley Schulman, chief investment officer at Running Point Capital, said by removing the antitrust triggers that led to the collapse of JetBlue's Northeast Alliance — such as shared revenue and joint scheduling — BlueSky has introduced a model that other mid-sized carriers could replicate with less risk of regulatory pushback. Antitrust officials under the Trump administration have been taking a more lenient approach to corporate deals, a shift from the stricter stance seen under Biden. In June, they approved several multibillion-dollar deals in just one week, signaling a greater willingness to settle with companies. More than 100 transactions have been granted shorter reviews this year, according to FTC data from July. JetBlue and United said that Blue Sky would begin introducing new customer benefits starting in fall 2025, rolling them out in phases. --- Reporting by Aishwarya Jain in Bengaluru and Doyinsola Oladipo in New York; Editing by Shailesh Kuber
Yahoo
2 days ago
- Business
- Yahoo
JetBlue Posts Smaller-Than-Expected Loss As JetForward Strategy Gains Traction
JetBlue Airways Corp. (NASDAQ:JBLU) reported better-than-expected second-quarter 2025 results on Tuesday. The company delivered a modest operating profit and reinforced investor confidence in its JetForward turnaround strategy despite persistent macroeconomic headwinds. The airline posted an adjusted net loss of $58 million, or 16 cents per share, beating analyst estimates of a 34-cent loss. Revenue totaled $2.36 billion, down 3% year over year, but above Wall Street's expectation of $2.27 billion. The company's adjusted operating margin improved to 1.3%, marking a return to profitability after posting a negative margin in the previous quarter. On a GAAP basis, JetBlue reported a net loss of $74 million, or 21 cents per Joanna Geraghty said the company exited the first half of 2025 with meaningful progress on its multi-year JetForward plan, citing operational investments that improved on-time performance by three percentage points year over year and drove a double-digit increase in customer satisfaction. 'Despite facing an uncertain economic backdrop, we met or exceeded our financial targets,' Geraghty said. JetBlue's capacity in the second quarter declined 1.5% from the year-ago period, while total operating expenses fell 0.9% to $2.4 billion. Operating expense per available seat mile, excluding fuel (CASM ex-fuel), rose 6.0% year over year. However, due to continued cost control initiatives, it remained below the high end of the company's guidance. The average fuel price was $2.40 per gallon. The airline said it delivered $90 million in incremental EBIT from JetForward in the first half of 2025, bringing cumulative gains under the plan to $180 million. In May, JetBlue launched 'Blue Sky,' a new interline partnership with United Airlines that allows customers of both carriers to access expanded routes and earn and redeem loyalty points across each network. The initiative is expected to generate $50 million more in EBIT than originally projected and further accelerate JetBlue's transformation efforts. View more earnings on JBLU As part of its cost optimization and fleet modernization strategy, JetBlue sold its remaining Embraer E190 aircraft and two future Airbus A321neo XLR deliveries. It also completed a transaction to divest select assets from its JetBlue Technology Ventures subsidiary to SKY Leasing, reducing costs while retaining the portfolio's long-term upside. Chief Financial Officer Ursula Hurley said the company is reinstating its full-year unit cost guidance from earlier in the year, despite flying 1.5 points less capacity than initially planned. She added that the outlook for grounded aircraft due to Pratt & Whitney engine issues has improved, with the company now expecting to average fewer than 10 aircraft on the ground in 2025, down from prior expectations of mid-to-high teens. Outlook During the earnings conference call, a JetBlue executive reportedly stated that the airline will not be providing revenue guidance beyond the third quarter due to a 'choppy macro environment.' For the third quarter, JetBlue expects capacity to range from a 1% decline to a 2% increase year over year. Unit revenue is forecast to fall between 2% and 6%, while CASM ex-fuel is projected to rise between 4% and 6%. Capital expenditures for the quarter are estimated at approximately $375 million. For the full year 2025, JetBlue expects capacity to decline between 0.5% and 2.5%, while CASM ex-fuel is forecast to increase between 5.0% and 7.0%. The company anticipates interest expense of roughly $600 million and capital expenditures of approximately $1.2 billion as it continues investing in fleet modernization and operational improvements. 'Demand for air travel improved as the quarter progressed, resulting in significant strength for bookings within 14 days of travel, as well as for peak travel periods,' said JetBlue President Marty St. George. 'We are encouraged to see that momentum carry into July, and we are optimistic that demand will continue to improve through the end of the year.' Separately, JetBlue Airways and United Airlines (NASDAQ:UAL) announced Tuesday that they have completed the U.S. Department of Transportation's review of their Blue Sky collaboration and are moving forward with implementation. The partnership will enable customers to earn and redeem MileagePlus miles and TrueBlue points across both carriers, book flights across complementary networks through interline agreements, and access reciprocal loyalty perks such as priority boarding and same-day standby. Initial customer benefits will begin rolling out this fall, followed by expanded service at JFK and Newark. United also plans to adopt JetBlue's Paisly platform to power non-flight travel offerings such as hotels, rental cars, and insurance. Price Action: At last check Tuesday, JBLU shares were trading higher by 4.69% at $4.564. Read Next:Photo by Coby Wayne via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? JETBLUE AIRWAYS (JBLU): Free Stock Analysis Report This article JetBlue Posts Smaller-Than-Expected Loss As JetForward Strategy Gains Traction originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
