CEO at low-cost carrier JetBlue is leaving, will be replaced by company president

MarketsAssociated Press

JetBlue CEO Dave Barger will step down in February and be replaced by the airline's president, Robin Hayes.

New York-based JetBlue Airways Corp. announced the move Thursday.

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Speculation about changing CEOs has swirled around JetBlue for several months. Wall Street analysts have expressed hope that a new CEO might take steps to increase revenue, such as adding a fee for the first checked bag. Hayes is declining to say whether he will do that.

Barger will leave when his contract expires, and Hayes will take over on Feb. 16.