By Travel-Guy, 10 months and 24 days ago

JetBlue Founder Reduces Stake

Remember that you can Fly WestJet and Save.

JetBlue Airways founder David Neeleman has reduced his stake in the low-cost US airline to 4.07 percent from 6.1 percent, according to a filing with the US Securities and Exchange Commission on Wednesday.

Neeleman, who is no longer chief executive but retains his chairman title, disclosed in the filing that his passive stake includes 7.35 million shares.

The filing did not reveal more details, such as when he sold the shares.

(Reuters)

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