There is normally a lag before strong holiday travel demand starts moving airline shares. But it's only taken a matter of days this year.
JetBlue raises its guidance to reflect higher-than-expected bookings in November and December.
JetBlue Airways raised its revenue guidance for the year after bookings in November and December were higher than anticipated immediately following the U.S. presidential election.
David Neeleman, JetBlue founder and Azul Brazilian Airlines chairman and former CEO, joins 'Money Movers' to discuss if low-cost airline carriers can flourish in today's environment, if legacy carriers can have their market share taken, and JetBlue's position in the airline landscape.
JetBlue (JBLU) reported earnings 30 days ago. What's next for the stock?
JetBlue Airways benefits from its proactive cost-cutting initiatives and fleet modernization efforts. However, a decline in air traffic is a concern.
The potential bankruptcy of a rival lifted shares on the prospects of less competition.
JetBlue Airways said late on Monday it will extend a halt to all flights to and from Haiti through Dec. 2 after damage from a bullet to a plane returning from Port-au-Prince was discovered.
JetBlue reported a Q3 loss but beat EPS and revenue estimates, even after guiding up in September. The JetForward initiative aims to achieve $800-$900 million in EBIT by 2027, focusing on reliable service, East Coast network, products, and financial security. JetBlue's strong liquidity with $4.1 billion in cash and strategic financing supports its ambitious growth plans despite current challenges.
JetBlue Airways Corporation (NASDAQ:JBLU ) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Koosh Patel - Director, Investor Relations Joanna Geraghty - Chief Executive Officer Marty St. George - President Ursula Hurley - Chief Financial Officer Conference Call Participants Savi Syth - Raymond James Jamie Baker - JPMorgan Daniel McKenzie - Seaport Global Duane Pfennigwerth - Evercore ISI Scott Group - Wolfe Research Brandon Oglenski - Barclays Andrew Didora - Bank of America Stephen Trent - Citi Thomas Fitzgerald - TD Cowen Conor Cunningham - Melius Operator Good morning. My name is Brittany, and I would like to welcome everyone to the JetBlue Airways' Third Quarter 2024 Earnings Conference Call.
The third quarter was strong, but the outlook disappointed.