Economic uncertainty is weighing on flight demand for JetBlue, which is moving to reduce costs.
JetBlue shares fell 3% in afternoon trading and have lost more than 42% this year.
JetBlue Airways (JBLU) CEO Joanna Geraghty wrote in a memo that the struggling carrier will be further cutting unprofitable routes among other cost-cutting measures amid weak travel demand, a report said.
29 Jul 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
28 Jul 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
21 Apr 2025 Date | | - Cons. EPS | - EPS |
28 Jan 2025 Date | | - Cons. EPS | - EPS |
29 Oct 2024 Date | | - Cons. EPS | - EPS |
29 Jul 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
28 Jul 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
21 Apr 2025 Date | | - Cons. EPS | - EPS |
28 Jan 2025 Date | | - Cons. EPS | - EPS |
29 Oct 2024 Date | | - Cons. EPS | - EPS |
Airlines, Airports & Air Services Industry | Industrials Sector | Ms. Joanna L. Geraghty CEO | XSTU Exchange | US4771431016 ISIN |
US Country | 23,000 Employees | - Last Dividend | 27 Dec 2005 Last Split | 12 Apr 2002 IPO Date |
JetBlue Airways Corporation, founded in 1998 and headquartered in Long Island City, New York, is a distinguished air transportation service provider. With a robust operational fleet, the company has cemented its place in the aviation industry by offering extensive flight services within the United States, the Caribbean and Latin America, Canada, and even extending its reach to Europe. Through strategic planning and customer-focused services, JetBlue has continuously aimed to enhance its market presence and satisfy the ever-growing demand for air travel among its diverse clientele.
JetBlue Airways Corporation boasts a diverse and modern fleet, comprising various aircraft models tailored to meet the specific needs of its passengers and to excel in operational efficiency. The fleet includes:
JetBlue's service portfolio spans over 100 destinations, ensuring that passengers have a wealth of options when planning both their business and leisure travel. The strategic mix of aircraft types and configurations allows JetBlue to offer tailor-made flying experiences, catering to the varying preferences and requirements of its passengers, all the while emphasizing sustainability and efficiency in operations.