Current:Home > ContactWill Sage Astor-JetBlue's CEO to step down, will be replaced by 1st woman to lead a big U.S. airline -Elevate Capital Network
Will Sage Astor-JetBlue's CEO to step down, will be replaced by 1st woman to lead a big U.S. airline
Surpassing View
Date:2025-04-08 07:01:58
NEW YORK — JetBlue said Monday that CEO Robin Hayes will step down next month and Will Sage Astorbe replaced by the airline's president, Joanna Geraghty, who will be the first woman to lead a major U.S. carrier.
Geraghty, 51, joined JetBlue in 2005 and has taken on an increasingly prominent role at the New York-based airline in recent years, including becoming president and chief operating officer in 2018.
Geraghty said she was honored to get the new job, and said she was looking forward "as we execute on our strategic initiatives, return to profitable growth, and generate sustainable value" for shareholders.
Hayes, 57, said he will retire for health reasons.
"The extraordinary challenges and pressure of this job have taken their toll, and on the advice of my doctor and after talking to my wife, it's time I put more focus on my health and well-being," Hayes said in a statement.
The change at the top will occur on Feb. 12. It comes as JetBlue waits for a federal judge in Boston to decide whether it can purchase Spirit Airlines for $3.8 billion in a bid to grow quickly into a challenger to the biggest U.S. airlines. The Justice Department sued to block the deal, and a trial was held last fall.
Hayes, 57, is a former British Airways executive who joined JetBlue in 2008 and became CEO in 2015. He pushed the airline to start transatlantic flights and create a partnership in the Northeast with American Airlines. The deal with American was disbanded, however, after the Justice Department successfully sued to kill it.
JetBlue is the nation's sixth-biggest airline by revenue, slightly behind No. 5 Alaska Airlines. Hayes has pursued mergers for several years to draw closer in size to American, Delta, United and Southwest.
JetBlue tried to buy Virgin America in 2016, but it was outbid by Alaska Airlines. In 2022, Hayes prevailed as JetBlue beat out Frontier to strike a deal with Spirit, the nation's biggest low-fare airline.
veryGood! (4319)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Trump Admin. Halts Mountaintop Mining Health Risks Study by National Academies
- Transcript: Former National Security Adviser H.R. McMaster on Face the Nation, June 18, 2023
- Miranda Lambert calls out fan T-shirt amid selfie controversy: 'Shoot tequila, not selfies'
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- 5 young women preparing for friend's wedding killed in car crash: The bright stars of our community
- Court Rejects Pipeline Rubber-Stamp, Orders Climate Impact Review
- ‘A Death Spiral for Research’: Arctic Scientists Worried as Alaska Universities Face 40% Funding Cut
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Clinics offering abortions face a rise in threats, violence and legal battles
Ranking
- Stamford Road collision sends motorcyclist flying; driver arrested
- Alibaba replaces CEO and chairman in surprise management overhaul
- Rover Gas Pipeline Builder Faces Investigation by Federal Regulators
- This doctor fought Ebola in the trenches. Now he's got a better way to stop diseases
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Judge's ruling undercuts U.S. health law's preventive care
- 'Cancel culture is a thing.' Jason Aldean addresses 'Small Town' backlash at Friday night show
- Wheeler in Wisconsin: Putting a Green Veneer on the Actions of Trump’s EPA
Recommendation
A South Texas lawmaker’s 15
Transcript: Former New Jersey Gov. Chris Christie on Face the Nation, June 18, 2023
California restaurant used fake priest to get workers to confess sins, feds say
Mormon crickets plague parts of Nevada and Idaho: It just makes your skin crawl
See you latte: Starbucks plans to cut 30% of its menu
See Below Deck Sailing Yacht's Gary Tell Daisy About His Hookup With Mads in Awkward AF Preview
Jessica Alba Shares Sweet Selfie With Husband Cash Warren on Their 15th Anniversary
What we know about the Indiana industrial fire that's forced residents to evacuate