JetBlue Airways Corp said it would sell its in-flight entertainment business, LiveTV, to French defence company Thales Group for $400 million. JetBlue said it would enter into agreements with LiveTV to continue providing live TV and in-flight connectivity after the sale.
JetBlue Airways Corporation (JetBlue) is a passenger airline that operates primarily on point-to-point routes with its fleet of 120 Airbus A320 aircraft and 49 EMBRAER 190 aircraft. Shares of JBLU traded higher by 0.23% or $0.02/share to $8.75. In the past year, the shares have traded as low as $5.95 and as high as $9.45. On average, 6014220 shares of JBLU exchange hands on a given day and today's volume is recorded at 6318716.
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