Carl Icahn Reduces Stake in JetBlue Airways Corp to 5.55%

On June 9, 2026, Carl C. Icahn and associated reporting entities filed Amendment No. 5 to their Schedule 13D for JetBlue Airways Corp (JBLU), reporting a reduction in their ownership stake. The reporting group now beneficially owns 20,658,179 shares, representing approximately 5.55% of the company, down from a previous 6.72% (24,990,000 shares). The reduction resulted from a series of open-market sales conducted between June 1, 2026, and June 9, 2026. Specifically, Icahn Partners LP and Icahn Partners Master Fund LP sold shares at prices ranging from $4.75 to $5.11 per share. Following these transactions, Icahn Partners Master Fund LP holds 10,167,730 shares and Icahn Partners LP holds 10,490,349 shares. The reporting persons include various Icahn-controlled entities such as Icahn Enterprises Holdings L.P. and Beckton Corp. This filing follows the initial 13D filed in February 2024 and reflects a continued adjustment of the Icahn group's position in the airline.