Realty Income Corp
Change company Symbol lookup
Select an option...
O Realty Income Corp
CM Canadian Imperial Bank of Commerce
SFRFF Silver Fields Resources Inc
BAC Bank of America Corp
CHKJQ Chesapeake Energy Corp
ESPR Esperion Therapeutics Inc
AMZN Amazon.com Inc
VEEV Veeva Systems Inc
AVGO Broadcom Inc
IAU iShares Gold Trust
Go

Real Estate : Equity Real Estate Investment Trusts (REITs) | Mid Cap Blend
Company profile

Realty Income Corporation is a real estate investment trust (REIT). The Company is engaged in in-house acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, information technology and capital markets capabilities. As of December 31, 2016, the Company owned a diversified portfolio of 4,944 properties located in 49 states and Puerto Rico, with over 83.0 million square feet of leasable space leased to 248 different commercial tenants doing business in 47 separate industries. As of December 31, 2016, of the 4,944 properties in the portfolio, 4,920, or 99.5%, were single-tenant properties, and the remaining were multi-tenant properties. As of December 31, 2016, of the 4,920 single-tenant properties, 4,836 were leased with a weighted average remaining lease term (excluding rights to extend a lease at the option of the tenant) of approximately 9.8 years.

Closing Price
$61.67
Day's Change
1.74 (2.90%)
Bid
--
Ask
--
B/A Size
--
Day's High
62.02
Day's Low
60.86
Volume
(Below Average)
Volume:
2,256,399

10-day average volume:
2,560,141
2,256,399

JetBlue's West Coast Focus City Strategy Lands at LAX

1:08 pm ET July 9, 2020 (BusinessWire) Print

JetBlue (NASDAQ: JBLU) today announced it will make Los Angeles International Airport (LAX) its primary base of operations in greater Los Angeles, advancing its focus city strategy and building relevance for the airline in one of the busiest markets in the world. To enable the shift, the airline will move service currently operated at Long Beach Airport (LGB) to LAX, along with its Long Beach crew and maintenance bases, beginning in October.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200709005831/en/

The move consolidates JetBlue's popular transcon and West Coast service into LAX, initially operating more than 30 daily flights with service between LAX and 13 destinations including four Mint routes - New York-JFK, Boston, Fort Lauderdale and new Mint service to Newark launching July 23. JetBlue flights at LAX will continue to operate from Terminal 5. New LAX markets will be available for purchase tomorrow, July 10.

"LAX is one of JetBlue's most successful markets and offers the valuable opportunity to grow significantly both domestically and internationally while introducing our low fares on more routes," said Scott Laurence, head of revenue and planning, JetBlue. "The transition to LAX, serving as the anchor of our focus city strategy on the West Coast, sets JetBlue up for success in Southern California. We continue to seize on opportunities to emerge from this pandemic a stronger competitive force in the industry."

With support from Los Angeles World Airports (LAWA), JetBlue plans to embark on a strategic expansion over the next five years with plans to reach roughly 70 flights per day by 2025. This will include multiple new markets, both domestic and international, some of which have never had nonstop service to and from LAX.

"Since it first touched down at LAX in 2009, JetBlue has continued to invest in and expand its presence at our airport, and we are excited that the airline has chosen to grow its LAX operation beginning in October," said Justin Erbacci, CEO, LAWA. "With seven new routes and more than 30 daily flights, JetBlue will be an important part of LAX's comeback from historic lows in passenger traffic, and our guests now will have even more choices."

LAX is the busiest origin and destination (O&D) market in the world, meaning more people start or end their journey at LAX - versus connect through - than any other airport. Its 24/7 operations and customs and immigration facilities also allow JetBlue more flexibility in future flight and destination scheduling.

Effective October 7, 2020, JetBlue will operate nonstop service between LAX and seven new markets:

Austin-Bergstrom International Airport (AUS) Bozeman Yellowstone International Airport (BZN) [seasonal] Las Vegas McCarran International Airport (LAS) Reno-Tahoe International Airport (RNO) Salt Lake City International Airport (SLC) San Francisco International Airport (SFO) Seattle-Tacoma International Airport (SEA)

New markets will complement existing nonstop service between LAX and:

Boston Logan International Airport (BOS) *MINT* Buffalo Niagara International Airport (BUF) Fort Lauderdale-Hollywood International Airport (FLL) *MINT* New York John F. Kennedy International Airport (JFK) *MINT* Newark Liberty International Airport (EWR) *MINT* [Launching July 23] Orlando International Airport (MCO)

JetBlue's final day of operations in Long Beach will be October 6. Service to Portland International Airport (PDX) will not transition to LAX. JetBlue will continue to serve Portland, Ore. from New York-JFK, Boston and, starting in October, Fort Lauderdale.

All LAX, non-Mint routes will be operated using JetBlue's Airbus A320 or all-Core A321 aircraft offering the airline's award-winning service featuring the most legroom in coach (a); free Fly-Fi, the fastest broadband internet in the sky (b); complimentary and unlimited name-brand snacks and soft drinks; free, live DIRECTV(R) programming and 100+ channels of SiriusXM(R) radio at every seat.

JetBlue began serving LAX in 2009 and launched its highly acclaimed Mint service in 2014. Currently, more than 150 JetBlue crewmembers are based at LAX. That number will grow substantially to nearly 700 with the added flights announced today and with the move of crew and maintenance bases from Long Beach to LAX.

Elsewhere in greater Los Angeles, JetBlue will continue to serve Hollywood Burbank Airport (BUR) and Ontario International Airport (ONT), which are key to the airline's broader LA strategy. JetBlue is appreciative of the support received from airport leadership and elected officials in both Burbank and Ontario.

About JetBlue Airways

JetBlue is New York's Hometown Airline(R), and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan. JetBlue carries customers across the U.S., Caribbean, and Latin America. For more information, visit jetblue.com.

(a)                  JetBlue offers the most legroom in coach based on average fleet-wide seat pitch for U.S. airlines. JetBlue offers the most legroom in coach based on average fleet-wide seat pitch for U.S. airlines.
                                                                                   

View source version on businesswire.com: https://www.businesswire.com/news/home/20200709005831/en/

SOURCE: JetBlue">

JetBlue Corporate Communications
Tel: +1.718.709.3089
corpcomm@jetblue.com
comtex tracking

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.