Investor Carl Icahn bought an almost 10% stake in JetBlue Airways (B6, New York JFK) between January and February 2024, paying approximately USD119.75 million for 33.6 million shares, making him the third-largest investor in the airline after BlackRock and Vanguard Group. The move was announced by the carrier in a Securities and Exchange Commission (SEC) filing.

Icahn took the opportunity after JetBlue’s stock fell by nearly 50% in 2023 due to declining revenues and a blocked merger with Spirit…

Source: ch aviation
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