Venmo payment options are the latest announcement in a broader effort from JetBlue to enhance its services and boost profits. The struggling low-cost carrier has searched for new revenue streams as larger airlines introduce their own budget options, increasing competition for those flyers.
Southwest and United airlines, already accept payments using PayPal. Venmo, which is owned by PayPal, is a popular payment app in the United States. It is commonly used for peer-to-peer ...
In the past week, United Airlines UAL, Alaska Air Group ALK and American Airlines AAL reported better-than-expected earnings per share and revenues for the fourth quarter of 2024. Results were aided by upbeat air travel demand and low fuel costs. A fourth-quarter 2024 earnings-related update was also covered in the previous week’s round-up.
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The latest promotion also comes as JetBlue rolled out the ability to pay for flights with Venmo, the popular peer-to-peer payment app. Venmo is now present as a payment option on JetBlue’s website, though it will also become available on the airline’s mobile app later this year.
UBS analyst Thomas Wadewitz revised the price target on JetBlue Airways (NASDAQ:JBLU) shares, reducing it to $5.00 from the previous target of $5.50. Despite the adjustment, the firm continues to recommend a Sell rating for the airline's stock.
Former producer David Pearce, who took the stand on Monday against his attorney's wishes, faced the scorn of Judge Eleanor Hunter as he testified about hosting booze-fueled parties.
JetBlue is the first airline to accept payments from the peer-to-peer payment app, which is owned by PayPal. Like Apple Pay, Google Pay, or PayPal itself, Venmo lets you complete a transaction without having to dig out your credit card or input your financial details into the website.
In an announcement last week, JetBlue says it's the first airline to accept payment for a plane ticket through Venmo. Many airlines already let you use PayPal (which owns Venmo), but this is the first airline partnership with the popular peer-to-peer payment platform.
In an announcement last week, JetBlue says it's the first airline to accept payment for a plane ticket through Venmo. Many airlines already let you use PayPal (which owns Venmo), but this is the first airline partnership with the popular peer-to-peer payment platform.
"We're continually looking for ways to make it easier to book a JetBlue flight on our website and mobile app."
JetBlue announced last week that it will now accept Venmo payments, a first for the airline industry. The new arrangement has many advantages but also a few uncertainties, especially for travelers ...