JetBlue Sells Venture Capital Arm in Bid to Boost Profitability

JetBlue sells VC arm to refocus on “core” operations

Yesterday, news broke that leading aviation investment manager SKY Leasing (SKY) has acquired JetBlue’s venture capital subsidiary, JetBlue Ventures. The early-stage venture capital firm will keep its existing brand, continue managing all its current investments, and still be run by its existing President, Amy Burr but will now be absorbed into the SKY family. JetBlue’s decision to offload its subsidiary was part of a focus on streamlining opera…

US airline JetBlue sells off startup investment division

In a bid to focus on “core airline operations” US airline JetBlue has sold off its startup investment division, JetBlue Ventures, to SKY Leasing.  The New York-based carrier announced on May 5, 2025, that despite the sale it would “continue to serve as a strategic partner” to JetBlue Ventures and its portfolio companies.  Founded in 2016, JetBlue Ventures has invested in 55 early-stage startups and made over 40 follow-on investments, which have …

JetBlue Sells JetBlue Ventures to SKY Leasing // Cooley // Global Law Firm

SKY Leasing Announces Acquisition of JetBlue Ventures

JetBlue Airways Airbus A321-271NX WL N2105J (msn 10101) (Ribbons) JFK (Fred Freketic). Image: 961851. SAN FRANCISCO and NEW YORK, May 5, 2025 /PRNewswire/ — SKY Leasing (“SKY”), a leading aviation investment manager, and JetBlue Airways (NASDAQ: JBLU) today announced that SKY has acquired JetBlue Ventures, JetBlue’s venture capital subsidiary. This transaction will usher in the next era of growth for JetBlue Ventures, with expanded opportunities…

JetBlue Sells Venture Capital Subsidiary, JetBlue Ventures

This seems like a sensible move, and I’m surprised it took this long… SKY Leasing acquires JetBlue Ventures subsidiary In 2016, JetBlue founded JetBlue Ventures, a subsidiary that has been investing in early-stage startups in emerging enterprise technology and frontier tech solutions, across the travel and transportation ecosystem. Over nearly a decade, JetBlue Ventures has invested in 55 startups, and has made over 40 follow-on investments, res…

JetBlue Sells Venture Capital Arm in Bid to Boost Profitability

Skift Take: JetBlue CEO Joanna Geraghty said selling off the company’s venture capital arm would allow it to “focus on our core operations.” -Meghna MaharishiRead the Complete Story On Skift