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

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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.

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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 Airways announced in a filing Tuesday that its revenue is expected to take a hit in the fourth quarter after demand during December 'materialized below expectations.'

JetBlue warns December travel demand falls below expectations

United Continental Hlds

Prices for lodging and airfare came down slightly in November report as travel demand cooled slightly.

Hotel prices and airfare decline as travel demand cools after summer surge

JetBlue Airways said Tuesday that the surge in last-minute December bookings hasn't been as strong as it had hoped.

JetBlue Sees Softer December Demand. It May Not Be Too Serious.

JetBlue Airways Corp. JBLU, +3.64% said Tuesday morning that it's seen "strong" operational performance thus far in the quarter, with its completion factor nearly 100% during the peak November holiday travel period. JetBlue anticipates that it will see a 1% to 4% bump in flown capacity in the fourth quarter of 2022 compared with the third quarter of 2019.

JetBlue now expects revenue per available seat mile at low end of prior outlook

American Airlines

This latest route expansion initiative taken up by JetBlue (JBLU) and American Airlines (AAL) seems to be an encouraging business move amid the upcoming holiday season.

JetBlue (JBLU), American Airlines (AAL) Welcomes New Routes

American Airlines and JetBlue Airways are pushing ahead with an expansion of their partnership in the U.S. Northeast, even as a federal judge considers the government's attempt to kill the deal.

American Airlines, JetBlue expand deal that U.S. is trying to kill

JetBlue and American's route announcement comes on the heels of an antitrust trial in Boston concerning the pair's powerful Northeast Alliance.

JetBlue and American announced 11 all-new routes as the pair beefs up its controversial Northeast Alliance — see the full list

NEW YORK--( BUSINESS WIRE )--JetBlue (NASDAQ: JBLU) and American Airlines today announced they are further increasing competition for travelers in the Northeast with the addition of a wide variety of new nonstop destinations set to take off from New York's LaGuardia Airport (LGA), Newark Liberty International Airport (EWR) and Boston Logan International Airport (BOS) in 2023. The new flying – which includes many routes with limited competition today – is made possible through JetBlue and American's innovative and effective Northeast Alliance (NEA).

JetBlue and American Airlines Add More Flying in New York and Boston as Northeast Alliance Brings New Choices to Travelers

Delta Air Lines

Southwest Airlines

North American carriers are expected to post profits of $9.9 billion in 2022 and $11.4 billion in 2023.

U.S. Airlines Are Profitable Again. How Much Prices Had to Rise to Get There.

NEW YORK--( BUSINESS WIRE )--JetBlue (NASDAQ: JBLU) today announced it has been recognized by The Points Guy (TPG) with an Editors' Choice Award for Best Economy Class, across both categories of domestic and international airlines. This is the third time JetBlue, known for its low fares and great service, has won the coveted award and marks the airline's sixth Editors' Choice Award since 2018.

JetBlue Awarded Best Economy Class by The Points Guy in 2022 TPG Awards

Nearly every U.S. pilot group is negotiating a contract, but the JetBlue chapter of the Air Line Pilots Association has a unique approach. As the carrier enters what promises to be a multi-year merger process, it just wants higher pay.

Other Pilots Want Multiple Contract Improvements. Jet Blue Pilots, Facing Merger, Just Want More Pay

With air travel improving, passenger revenues for 2023 are anticipated to be $522 billion.

Airlines Likely to Return to Profitability in 2023 Per IATA

Global airlines are predicting their first industry-wide profit next year since 2019 as air travel rebounds from COVID-19 restrictions.

Airlines Anticipate a Return to Profit Next Year

NEW YORK--( BUSINESS WIRE )--JetBlue (NASDAQ: JBLU) today announced a new TrueBlue® loyalty program that offers new perks and more choices as an increasing number of customers look to JetBlue as a trusted source for travel beyond just flights. The new program maintains most of TrueBlue's signature perks that customers have come to love while also allowing TrueBlue members new opportunities to earn perks and status along the way. The more ways customers interact with JetBlue, the more perks they can earn. From JetBlue Vacations hotel and cruise packages, to cars, stays and activities from Paisly, to many JetBlue flight extras and add-ons, and purchases on all JetBlue credit cards, everyone from infrequent travelers to road warriors can find ways to earn and redeem in JetBlue's loyalty program.

JetBlue Introduces New TrueBlue® Loyalty Program, Bringing Added Value and New Perks to Customers

Airlines are expected to return to profit next year for the first time since 2019 despite slowing global growth as they recover from a COVID-induced crisis, an industry group said Tuesday.

Airlines to return to profit in 2023: IATA

The latest energy sign agreement for 92 million gallons of sustainable aviation fuel is expected to boost JetBlue's (JBLU) competitive position in the aviation industry.

JetBlue (JBLU) Inks MOU With Fidelis for 92M Gallons SAF

JetBlue Airways Corp. JBLU, +0.50% on Tuesday announced ambitious emissions reduction targets, including a commitment to reduce jet-fuel emissions by 50% per revenue tonne-kilometer by 2035. That's the airline's "most aggressive near-term emissions reduction target to-date," and one that aligns with the goals of the Paris Agreement and JetBlue's own goal to reach net zero carbon emissions by 2040, which the airline said it was 10 years ahead of broader airline industry targets.

JetBlue announces 'aggressive' emissions reduction targets

NEW YORK--( BUSINESS WIRE )--JetBlue (Nasdaq: JBLU) today announces a science-based target approved by the Science Based Targets initiative (SBTi), a coalition that defines and promotes best practices in emissions reduction targets. With this target, JetBlue commits to reducing well-to-wake (lifecycle) scope 1 and 3 greenhouse gas (GHG) emissions related to jet fuel by 50% per revenue tonne kilometer (RTK) by 2035 from a 2019 base year1. JetBlue's most aggressive near-term emissions reduction target to-date, this science-based target aligns with the goals of the Paris Agreement and the growing airline's own goal to reach net zero carbon emissions by 2040 – 10 years ahead of broader airline industry targets. Aligned with SBTi requirements, JetBlue will also regularly review and update this target following any significant change to JetBlue's business or structure.

JetBlue Announces Science-based Emissions Reduction Target and Strategy to Achieve Net Zero by 2040

The global airline industry is expected to return to profitability in 2023 for the first time in four years.

Airlines will be making money again in 2023 as travel recovers

The global airline industry is set to return to profitability again next year following a near-three year downturn fueled by the Covid-19 pandemic, IATA said Tuesday.

Airlines will return to profitability in 2023 after three-year slump, industry body says

NEW YORK--( BUSINESS WIRE )--JetBlue (Nasdaq: JBLU) and Fidelis New Energy, LLC (Fidelis) today announced a memorandum of understanding (MOU) to provide JetBlue at least 92 million gallons of blended sustainable aviation fuel (SAF) from Fidelis' Grön Fuels GigaSystem™ at the Port of Greater Baton Rouge in Louisiana. This SAF is expected to be delivered over the five-year term with a targeted start date of 2025.

JetBlue and Fidelis New Energy Sign Agreement for 92 Million Gallons of Sustainable Aviation Fuel

Marriott

U.S consumer will continue to spend on services even if the economy slides into a mild recession in 2023, says Jenny Harrington of Gillman Hill Asset Management. Harrington recommends owning Marriott stock Enormous spending was a feature of the pandemic.

Jenny Harrington recommends these two services stocks for 2023

Spirit Airlines

Spirit Airlines is a hold awaiting combination with JetBlue. Main levers for improving results are lower fuel prices, higher utilization and further fleet expansion.

Spirit Airlines: Assessing Performance Amidst JetBlue Buy

Defiance Hotel Airline and Cruise ETF

US Global Jets ETF

These top airline stocks to buy are expected to soar, all thanks to a busy holiday season. Over Thanksgiving break, an estimated 55 million people were expected to travel, according to AAA.

7 Airline Stocks Investors Should Put on Their Christmas Lists

High inflation has put significant pressure on worker standards of living with wage growth not keeping up with soaring costs. Railroads, staring down strike threats, are facing similar worker compensation demands as airlines.

News for JetBlue Airways Stock (JBLU)