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JetBlue Airways is implementing broad cost-cutting measures, including cutting flights, pausing upgrades to aircraft, and reducing internal spending, as it struggles to regain profitability.
JetBlue hasn't posted an annual profitability since the onset of the pandemic, with the carrier enduring a $1.4 billion loss in 2020. In 2024, its $3.8 billion merger with Spirit Airlines was rejected ...
JetBlue Airways Corp. plans to hasten cost cuts by eliminating some flights, ending service to a number of cities and ...
JetBlue Airways is planning new cost-cutting measures such as reducing flights and parking aircraft, as soft travel demand ...
JetBlue Airways CEO Joanna Geraghty wrote in a memo that the struggling carrier will be further cutting unprofitable routes ...
CEO Joanna Geraghty revealed that an anticipated break-even in 2025 is looking unlikely amid weak travel demand. According to ...
JetBlue Airways CEO Joanna Geraghty told staff the carrier is further cutting costs as softer travel demand makes breakeven ...
A growing number of major U.S. and European companies are pulling their financial forecasts as economic uncertainty and trade tensions driven by President Donald Trump’s tariff policies deepen.
JetBlue CEO Joanna Geraghty saw her bonus shrink in 2024 to $385,000, compared to more than $1.7 million for the previous year, when she served as the Queens-based airline’s president and COO ...
U.S. airlines initially anticipated a profit boom due to high demand ... Frontier , Delta, United, American Airlines, JetBlue and Allegiant all trimmed their April-June quarter capacity in the past ...
Smaller rivals including Southwest Airlines and JetBlue (JBLU) also published fresh near-term forecasts that indicated softening travel demand and weaker-than-expected profit. "The first quarter ...
However, JetBlue with a profit margin of -9.16% is by far the ... short % of the float reaches 10% or higher, that could be a warning sign." I would wait for the next significant price dip to ...