JetBlue hikes baggage fee amid fuel woes; others may follow suit

After embarking on a comprehensive restructuring program last month, marked by layoffs, JetBlue (JBLU) has been exploring other options to rein in the surging operating costs, owing mainly to high gasoline prices. After much deliberation, the management recently hinted at a pricing review to revive revenues and profitability. In a move that could set a … Continue reading JetBlue hikes baggage fee amid fuel woes; others may follow suit