Icahn Strikes Deal for JetBlue Board Seats.

Activist investor Carl Icahn has acquired a 10% stake in JetBlue Airways and struck a deal for two board seats. This comes after JetBlue's plan to acquire Spirit Airlines was blocked by a federal judge. JetBlue has been losing money and its new CEO, Joanna Geraghty, has pledged to take aggressive action to turn the company around. Despite facing criticism and a short-seller attack last year, Icahn continues to have influence in corporate America. [Extracted from the article]