On January 31, 2024, a JetBlue Airways plane is seen preparing to take off from the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida. The airline has announced that Carl Icahn has successfully secured seats on its board of directors, following his recent disclosure of a nearly 10% stake in the company and negotiations for board representation. The two new directors appointed are Jesse Lynn, general counsel of Icahn Enterprises, and Steven Miller, a portfolio manager of Icahn Capital. As a result of this news, JetBlue’s shares surged by about 4% in after-hours trading. This investment marks Icahn’s latest venture in the airline industry, with his belief that JetBlue’s shares are undervalued. For more information, you can visit www.cnbc.com
2024-02-16 22:05:37