Carl Icahn Takes Flight with JetBlue Stake

Carl Icahn Discloses 9.9% Stake in JetBlue Airways, Citing Undervaluation and Attractive Investment Opportunity

Renowned activist investor Carl Icahn has revealed a significant 9.9% stake in JetBlue Airways, describing it as an undervalued and “attractive” investment opportunity. Icahn further disclosed that he is currently engaging in discussions with the company’s management and board regarding potential board representation. The disclosure was made in a filing submitted to the Securities and Exchange Commission on Monday.