JetBlue Seeks Partnerships to Compete With Larger Airlines
JetBlue is reportedly discussing potential partnerships with multiple airlines after judges blocked its planned purchase of Spirit Airlines in 2024 and its partnership with American Airlines in 2023. “If we find a deal that's accretive, we'll absolutely do it,” JetBlue President Marty St. George said Wednesday (Feb. 19) at a Barclays conference, CNBC reported.
JetBlue talking to 'multiple airlines' about a new partnership
JetBlue is talking with carriers about a potential new partnership. A federal judge blocked JetBlue's planned purchase of Spirit Airlines last year.
JetBlue still in talks with multiple airlines for partnership
JetBlue Airways said on Wednesday that it is still in talks with multiple airlines to establish a partnership and is willing to allocate more funds to get a deal done.
JetBlue Has Jet Lag
In this podcast, Motley Fool analyst Jason Moser and host Mary Long discuss:
JetBlue Turns 25, Hemmed In At Tough Airports And Seeking Its Identity
JetBlue is in some tough spots, and that's not just because it reported a disappointing first quarter outlook last week, when shares lost 26 % on Tuesday due to disappointing guidance.
Why JetBlue Is Gaining Altitude Today
Results from JetBlue Airways (JBLU 10.52%) provided little reason for optimism, though there was an argument to be made that the post-earnings stock reaction was too great.
JetBlue's bonds find buyers despite stock slide
JetBlue's stock plunged more than 25% after the air carrier reported its fourth-quarter results earlier this week, but its bonds are finding buyers.
Why JetBlue Stock Was Lower This Week
Fourth-quarter results from JetBlue Airways (JBLU 3.20%) were actually better than Wall Street had feared, but you would never know it from the stock's reaction. Shares of JetBlue traded down 22% for the week as of 1 p.m.
JetBlue Stock Remains A Sell After 26% Nosedive
JetBlue Airways Corporation's Q4 earnings showed improvement but were driven by lower fuel costs, with significant challenges in capacity and rising unit costs impacting profitability. The 2024 outlook is bleak, with flat capacity, rising costs, and increased airplane groundings, leading to a near-break-even year. The fleet strategy to defer A321neo deliveries and extend A320ceo leases is weak, risking market share and highlighting the balance sheet recovery focus.
What's Next For JBLU Stock After A 25% Fall?
JetBlue (NASDAQ: JBLU) recently reported its Q4 results, with revenues meeting and earnings exceeding the street estimates. The company reported operating revenue of $2.28 billion and an adjusted loss of $0.21 per share, compared to the consensus estimates of $2.25 billion in sales and a loss of $0.31 per share.
Why JetBlue Stock Plummeted Today
Shares of JetBlue Airways (JBLU -25.71%) fell Tuesday. The stock lost 25.7% as of market close but was down as much as 28.9% earlier in the day.
JetBlue CEO: 'Quarter one is a trough quarter'
Joanna Geraghty, JetBlue CEO, discusses the company's quarterly earnings results.
