JetBlue Technology Ventures is the first venture capital subsidiary in Silicon Valley backed by a U.S. airline. It has made its first investment in a San Francisco based startup ‘Flyr’ whose technology helps airline customers decide whether to buy tickets at current prices–or wait for fares to go down. Flyr makes its money through commissions from the travel companies, online travel agents, Meta search engines, and airlines that use its back-end systems to lock in fare prices and sell those fares to travellers. Read More>>