JetBlue Airways

JetBlue Airways Corp. provides air transportation services. It carries more than 30 million customers a year to 86 cities in the U.S., Caribbean, and Latin America with an average of 850 daily flights. The firm offers flights and tickets to more than 82 destinations, with accommodations such as free TV, free snacks, and the most legroom. The company was founded by David Gary Neeleman in August 1998 and is headquartered in Long Island City, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

JetBlue reports record revenue in 2022, eyes growth opportunities

JetBlue's 2022 performance showcased revenue growth and operational improvements.
While facing challenges from external factors, JetBlue is focused on cost management and revenue initiatives.
Strategic strengths lie in the Northeast Alliance, growth opportunities, and normalized earnings target.

JetBlue surpasses Q1 earnings expectations amidst operational challenges

JetBlue Airways exceeded Q1 earnings expectations, showing resilience amid challenges like ATC issues. The company's strategic initiatives, revenue growth, and confidence in outlook signal a positive trajectory. With a focus on cost reduction, revenue improvement, and operational adjustments, JetBlue aims to navigate current challenges and capitalize on growth opportunities.

JetBlue reports Q2 earnings, faces challenges, eyes growth opportunities

JetBlue's Q2 performance reflects resilience amid challenges and strategic investments.
Maintaining liquidity and focusing on shareholder value are key strengths.
Challenges include operational disruptions and competitive dynamics in key markets.
Opportunities lie in organic growth, network optimization, and fleet flexibility.

JetBlue reports Q3 loss, focuses on capacity realignment strategy

JetBlue faces challenges from disruptions and cost pressures but is strategically realigning capacity.
The company is leveraging strengths in the premium sector and New York market competitiveness.
Opportunities lie in reallocating capacity thoughtfully and enhancing operational resilience.
Despite headwinds, JetBlue is focused on strategic growth and cost mitigation efforts.

JetBlue reports strong Q4 results, eyes sustained profitability in 2024

JetBlue Airways showcased strong performance in Q4 2023, focusing on profitability, cost reduction, and operational efficiency amidst challenges and uncertainties.
With a strategic evolution plan, positive revenue trends, and a commitment to sustainable growth, JetBlue aims to drive its core business to sustained profitability in 2024.
The company's resilience, focus on cost optimization, and strategic initiatives position JetBlue well to navigate challenges and capitalize on opportunities for long-term success.

JetBlue surpasses Q1 expectations amidst Latin region challenges

JetBlue Airways' Q1 2024 performance exceeded expectations, but challenges in the Latin region impacted revenue acceleration, leading to revised guidance. The airline is focusing on maintaining a low cost base, strengthening liquidity, and overcoming headwinds through core strengths and loyalty growth. JetBlue aims to drive profitability by implementing revenue initiatives and cost-saving measures.

JetBlue surpasses Q2 expectations, focuses on cost savings and reliability

JetBlue's Q2 performance exceeded expectations with strong RASM growth. Strategic focus on cost savings, reliability, and network optimization. Challenges with engine issues and aircraft retirements being addressed.

JetBlue reports strong Q3 performance and strategic debt raise

JetBlue's Q3 2024 earnings call highlighted strong operational and revenue performance, supported by strategic initiatives and financial planning.
The company's focus on improving margins, delivering value, and executing the JetForward plan positions it for future growth and profitability.
While facing challenges and uncertainties, JetBlue has opportunities to leverage its strengths and drive market differentiation and revenue enhancement.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

JetBlue Airways Corp. engages in the provision of air transportation services. Its brands include jetBlue, jetBlue Vacations, Paisly, and TrueBlue. It operates through the following geographic segments: Domestic and Canada, Caribbean and Latin America, and Atlantic. The company was founded by David Gary Neeleman in August 1998 and is headquartered in Long Island City, NY.

JetBlue posted a loss for the first three months of the year but forecast a profit for the second quarter thanks to strong travel demand.

JetBlue posts quarterly loss but forecasts profit thanks to strong travel demand

NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced plans to continue expanding in Europe with nonstop service from New York's John F. Kennedy International Airport (JFK) and Boston Logan International Airport (BOS) to Amsterdam Airport Schiphol (AMS) available for sale starting today. Service from New York will begin August 29 and from Boston on September 20. This marks JetBlue's third transatlantic market debut, following the airline's successful launch of London service in Augu.

Hallo Amsterdam! JetBlue Flights from New York and Boston to Amsterdam on Sale Today

NEW YORK--(BUSINESS WIRE)--JetBlue Airways Corporation (NASDAQ: JBLU) today reported its results for the first quarter of 2023. “Thanks to our team's collective hard work, our first quarter financial results came in better than expectations, and we are forecasting strong sequential pre-tax margin improvement into the second quarter. We remain well on track in executing our comprehensive plan to enhance our long-term profitability and restore our historical earnings power,” said Robin Hayes, Jet.

JetBlue Announces First Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU), New York's Hometown Airline®, today announced the appointment of Jill Eshbaugh as the carrier's new vice president, airports experience. Eshbaugh will have day-to-day oversight of airport operations across JetBlue's 100+ destinations spanning the U.S., Canada, Latin America, Caribbean, U.K., and Europe. She will report to Warren Christie, JetBlue's head of safety, security, fleet operations, airports, and JetBlue University. Eshbaugh joins JetB.

JetBlue Appoints Jill Eshbaugh Vice President, Airports Experience

NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced two new routes from Puerto Rico, bringing more low-fare, high-quality flights to “La Isla del Encanto”.

JetBlue Announces Puerto Rico Expansion With Two New Routes Out For Sale Starting Today

Cushman & Wakefield plc

LendingClub

LG Display Co.

Weightwatchers International Inc.

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

5 Recognizable ‘Strong Buy' Stocks Trading Under $10 With Huge Upside Potential

Spirit Airlines

NEW YORK--(BUSINESS WIRE)--As previously announced, in connection with the Agreement and Plan of Merger, dated as of July 28, 2022 (the “Merger Agreement”), by and among JetBlue Airways Corporation (“JetBlue”) (NASDAQ: JBLU), Sundown Acquisition Corp., and Spirit Airlines, Inc. (“Spirit”) (NYSE: SAVE), JetBlue has set April 24, 2023, as the record date for the April 2023 prepayment to Spirit stockholders of $0.

JetBlue Announces Record and Payment Dates for April 2023 Additional Prepayment to Spirit Stockholders

NEW YORK--(BUSINESS WIRE)--JetBlue Airways Corporation (Nasdaq: JBLU) announced today that it will hold its quarterly conference call to discuss first quarter 2023 financial results on April 25th, 2023 at 10:00 a.m. ET. A live, listen-only webcast of the call will be available on JetBlue's investor relations website at the following web address: http://investor.jetblue.

JetBlue Announces Webcast of First Quarter 2023 Earnings Conference Call

JetBlue (JBLU) will operate non-stop flights from Worcester to Florida from Jun 15.

JetBlue (JBLU) to Expand Network by Adding Florida Routes

American Airlines

Delta Air Lines

US Global Jets ETF

Southwest Airlines

United Continental Hlds

Major U.S. airlines are scheduled to report first-quarter earnings in the coming days, with investors hoping for good news about peak summer travel amid a recent slowdown in bookings.

As bookings slow, airline earnings will be all about hopes for peak summer travel

NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced plans to continue bringing its unique combination of award-winning service and low fares to transatlantic air travel, with new service between New York's John F. Kennedy International Airport (JFK) and Amsterdam Airport Schiphol (AMS) starting late this summer and service between Boston and Amsterdam to follow.

JetBlue to Launch Flights to Amsterdam, Continuing to Disrupt Transatlantic Air Travel with Low Fares and Award-Winning Service

NEW YORK & WORCESTER, Mass.--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) and the Massachusetts Port Authority (Massport) today announced new nonstop flights to two popular Florida destinations from Worcester Regional Airport (ORH): daily year-round service to Orlando International Airport (MCO) launching this summer and winter seasonal service to Southwest Florida International Airport in Fort Myers (RSW) launching next winter. Seats are out for sale today with fares as low as $34 (a).

JetBlue and Massport Announce Two New Florida Destinations from Worcester

Airlines are turning to bigger planes that fit more travelers to handle strong demand.

Airlines' answer for congested airports and rising costs: Bigger planes

Looking at a slightly longer term, JBLU stock is down a significant 62% from levels seen in late 2019.

What Led To A 62% Fall In JetBlue Stock Since 2019?

U.S. airlines relied on loyalty programs for revenue during the pandemic, and industry executives and experts said income from them should hold up if the economy slips into a recession.

U.S. airline loyalty programs can provide buffer from possible recession

Microsoft

Activision Blizzard

Coinbase

Banking, Coinbase, & M&A

Copa Hlds

We believe that airline stocks like American Airlines (AAL), Copa Holdings (CPA) and JetBlue (JBLU) are worth a look as air-travel demand soars.

Airline Industry Appreciates 7.1% in Q1: More Upside Ahead?

NEW YORK--(BUSINESS WIRE)--On Saturday, April 1, JetBlue (Nasdaq: JBLU) brought its signature Fly Like a Girl event to Fort Lauderdale, one of the airline's six focus cities, for the first time. Fly Like a Girl events offer girls access to different careers in the aviation industry and the opportunity to learn directly from women crewmembers who help keep the airline running.

JetBlue Brings “Fly Like a Girl” Event to Fort Lauderdale as Part of Commitment to South Florida

"Even though we're ready, we've got airplanes, we've hired pilots

JetBlue will cut flights in, out of New York this summer, CEO says

The Federal Aviation Administration will let airlines reduce schedules congested airports as due to air traffic controller shortages.

JetBlue is preparing to trim New York flights in response to FAA staffing shortage, CEO says

Allegiant Travel Company

Allegiant closed out 2022 with its highest revenue ever. JetBlue expects to deliver its first profitable year since the pandemic.

Better Buy: Allegiant Travel or JetBlue Airways Stock?

JetBlue's (JBLU) management expects total revenues to increase in the 32-35% range in first-quarter 2023 on a year-over-year basis.

Why You Should Retain JetBlue (JBLU) Stock in Portfolio Now

NEW YORK--(BUSINESS WIRE)--As previously announced, in connection with the Agreement and Plan of Merger, dated as of July 28, 2022 (the “Merger Agreement”), by and among JetBlue Airways Corporation (“JetBlue”) (NASDAQ: JBLU), Sundown Acquisition Corp., and Spirit Airlines, Inc. (“Spirit”) (NYSE: SAVE), JetBlue has set March 27, 2023, as the record date for the March 2023 prepayment to Spirit stockholders of $0.

JetBlue Announces Record and Payment Dates for March 2023 Additional Prepayment to Spirit Stockholders

NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced new nonstop service between Orlando International Airport (MCO) and two top Caribbean destinations, as the airline unveils new plans to bring more low-fare, high-quality flights to Central Florida. Launching in November 2023 and out for sale today, JetBlue will fly from Orlando to Punta Cana, Dominican Republic and Santiago, Dominican Republic (a).

JetBlue Sets Plan for 200 Daily Flights at Orlando International Airport, Starting With New Daily Service to the Dominican Republic Out For Sale Starting Today

Pricy vacations have helped revive airline profits in recent months.

News for JetBlue Airways Stock (JBLU)