JetBlue (NASDAQ:JBLU) shares opened lower on Tuesday after the CEO warned employees that soft travel demand will continue to undermine the carrier’s effort to achieve profitability. “We’re ...

JetBlue is implementing cost-cutting measures as economic uncertainty dampens consumer demand, with CEO Joanna Geraghty noting profitability will take longer than hoped.

In a memo to employees, CEO Joanna Geraghty said a drop-off in demand will prevent JetBlue from returning to profitability this year. JetBlue won't turn a profit in 2025, will do more cost-cutting ...

JetBlue Airways Corp. JBLU CEO Joanna Geraghty told employees on Tuesday that the company is rolling out additional cost-saving measures due to weaker travel demand, making it unlikely the airline ...

Not long ago, JetBlue announced that it intends to postpone the delivery of 44 new Airbus jets, thereby reducing its anticipated capital expenditures by approximately $3 billion from 2025 to 2029.

The carrier will also reassess the size and scope of its leadership team, CEO Joanna Geraghty said in a memo. Skipping the US Travel 2025 🌴 This country's safest A spotlight on America ...

JetBlue Airways is planning new cost-cutting measures such as reducing flights and parking aircraft, as soft travel demand makes achieving a breakeven operating margin in 2025 "unlikely ...

JetBlue had originally intended to retrofit 10 Airbus A320s in 2026, but will now only retrofit six, while the other four will be parked at the end of summer. Geraghty said it was unlikely that ...