JetBlue CEO Robin Hayes to Step Down in February.

JetBlue Airways Corp. CEO Robin Hayes will step down in February and be replaced by Joanna Geraghty, who will become the first female CEO of JetBlue and the first woman to lead a major US air carrier. Hayes' departure comes at a critical time for JetBlue as it awaits a federal judge's ruling on its pending acquisition of Spirit Airlines. The airline has faced challenges in recent years, including a failed partnership with American Airlines and a decline in its stock price. Bank of America has downgraded JetBlue's stock rating due to concerns about competition, engine issues, and the fate of the Spirit acquisition. [Extracted from the article]