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JetBlue Airways Corporation (NASDAQ:JBLU) Starts Offering Weekly Flights From New York to Havana

The leading U.S. airline JetBlue Airways Corporation (NASDAQ:JBLU) has announced the initiation of a weekly flight between New York and Havana. As per the reports, the decision has come right after the removal of a few travel and trade barriers between U.S. and Cuba.

The Road Ahead:

JetBlue has clarified that the weekly flights will take off from John F. Kennedy International Airport and fly to Havana Jose Marti International Airport every Friday at 12:00 pm. On the very same day, the flight will come from Havana Jose Marti International Airport to JFK Airport at 04:30 pm. With this announcement, JetBlue has become the only carrier to announce extra flights between New York and Cuba. The restrictions that were pending for a long time had been removed a few months back.

Even though, JetBlue has initiated services, but still those people who want to fly between these two locations will have to book through Cuba Travel Services rather than JetBlue. The Cuba Travel Services company is known for organizing charter flights to Cuba. The flight between America and Cuba has been started with an objective to promote trade between these countries, but still there are a lot of problems that need to be sorted out. Americans are not yet authorized to travel Cuba as tourists. Unless they have one of the 12 strong reasons to breeze in Cuba, they cannot fly there.

The partnership could only be materialized after Andrew Cuomo, New York Governor and Robin Hayes, CEO, JetBlue Airways Corporation (NASDAQ:JBLU) carried out a trade mission in Cuba and signed a deal with the Cuban authorities. Cuomo hopes that this initiative will not only improve the trade relations between both the countries, but also enhance the job opportunities in Cuba and help the local economy improving. He thinks that other states are likely to follow New York if everything falls in line this time.

Published by Nicholas Maithya

Nicholas is a Financial Analyst by profession, who enjoys writing about investments, technological developments, business, economics and other financial topics at various financial publications. Join him here on Wallstreetpr.com as he endeavors to deliver to you the latest breaking news on the above mentioned fronts. Contact him by email at [email protected] or follow Nicholas Kitonyi @nmaithyak on Twitter.



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