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JetBlue’s founder, David Neeleman, is stepping down as CEO, though he will retain his role as chairman.
Dave Barger, current president of the company, will take over the role of CEO, writes Brandweek. Neeleman called the change a “natural evolution of our leadership structure as JetBlue continues to grow.”
The company sustained a $22 million loss in the first quarter after handing out $41 million in travel vouchers to passengers suffering from extensive flight delays. Neeleman said in February that he was “humiliated and mortified” by his airline’s performance during the winter storm that forced the cancellation of 139 flights. He also announced a Customer Bill of Rights which promises to compensate customers for service disruptions.
Revenue passengers and revenue passenger miles in the first quarter increased 17.4 percent and 7.3 percent, respectively, compared with Q1 2006.
Volvo will become the first automaker to offer HD Radio as standard equipment in all but one of its 2009 models. The running change becomes effective next month on the 2009 Volvo model lineup.
“Our drivers expect the highest quality…
The current issue of Cottage Living will be its last. Time Inc., in the midst of a major restructuring, is closing the books on the title.
The magazine had a solid start four years ago and managed to boost circulation…
Samsung Mobile has extended its branding campaign that has seen charging stations being installed at major airports across the country.
115 new charging stations have been installed throughout George Bush Intercontinental Airport in Houston, Miami International Airport, and Washington Dulles…
China Central Television, China’s top TV network, brought in 9.26 billion yuan, or $1.36 billion, during the live auction that is its version of the upfront earlier this week.
That’s a 15% increase in revenue over last year, though the…
Some 20% of top brand marketers continue to send additional emails to consumers, even after they confirm requests from those consumers to “unsubscribe” from an email marketing list, according to a research study from Return Path, MarketingCharts writes.
Though the study,…
An overwhelming majority of mothers in America (90%) saw the economy getting weaker even before the collapse on Wall Street, and more of them now (40%) feel stressed about their current family life than feel good about the way things…
