While the airline industry has improved significantly in recent years, JetBlue (JBLU) has been one of those struggling airlines that seems to be moving on from one crisis to another another and then another. She has dealt with hurricanes, skyrocketing costs, delays and, most recently, flight cancellations. As a result, the company has not achieved its goals over the past two years. However, the airline is currently in much better shape and is expected to report solid earnings in 2014 and beyond. Simplifying Business as It Expands Network On March 13, JetBlue announced the sale of its wholly owned subsidiary LiveTV to Thales Group for $400 million, nearly five times what it paid in 2002. LiveTV is the leading provider of inflight entertainment for Jetblue and other commercial airlines. In collaboration with ViaSat, it introduced Ka-band satellite-based on-board connectivity, a game-changing technological advancement. With passengers inclined to stay connected and engage with both social media and professional networks while traveling, JetBlue unequivocally has a certain edge over others when it comes to in-flight entertainment. The sale highlights JetBlue's intent to keep things simple while focusing on its core business. Regardless of the sale, JetBlue retains access to LiveTV's technology. Furthermore, the airline has a strong network that is growing over time. This is mainly due to its presence in key markets, particularly Boston and New York, which positions it favorably in the industry and, in turn, allows it to enter into agreements with other airlines. As a matter of fact, it is the largest domestic airline at JFK Airport in New York and one of the major airlines in Boston. Therefore, the partnership with Jetblue is a win-win proposition for many international... middle of paper ......nt the sale of LiveTV will allow you to further reduce your debt while continuing to invest in aircraft for your growth plan. With improving cash flows and a more reasonable debt load, the airline will be in a strong position to start paying a dividend to its shareholders later this year. Alternatively, it could also choose to resume the share repurchase program. In conclusion With 32 partnership agreements, mostly with international carriers, JetBlue is practically a global airline. The company has reduced risks and taken steps to bring greater predictability to costs to increase revenue. It is also switching to a more cost-efficient fleet of aircraft, which would further contain its costs. With a strengthened balance sheet, it should be able to return cash to shareholders while continuing to invest in its future growth.