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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Earnings data Q1 2023

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Earnings data Q1 2024

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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.

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JetBlue (JBLU) plans to run essential services at only one or two airports across major cities of Boston, Los Angeles, New York City, San Francisco and Washington, D.C.

JetBlue to Suspend Some Services Across 5 Major U.S. Cities

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Major airlines last Friday, including Delta, JetBlue, American, United and Spirit, said they had applied for federal aid aimed at covering payroll.

Airlines should start hearing back about their bailout applications by Friday, Mnuchin says

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U.S. Treasury Secretary Steven Mnuchin said on Thursday that aid for airlines will be the "next big thing" to be rolled out after the Federal Reserve announced new lending backstops for mid-size companies and municipal bonds.

U.S. Treasury's Mnuchin says airline aid 'next big thing' to be rolled out

U.S. Treasury officials have asked airlines seeking government payroll support to provide additional detailed information on capital structure, liquidity and loyalty programs, people briefed on the matter told Reuters.

Exclusive: U.S. Treasury wants details on airline debt, liquidity, loyalty programs - sources

JetBlue appears to be the first US airline to use new rules finalized Tuesday that allow airlines to cut back on flights.

JetBlue to consolidate number of airports it serves

JetBlue Airways Corp  said on Wednesday it is consolidating flights in five U.S. metropolitan areas into just one or two airports and also asking the U.S.

JetBlue seeks government permission to suspend flying at some airports as demand drops

JetBlue Airways Corp. JBLU, +0.91% said Wednesday it was consolidating operations in Boston, Los Angeles, New York City, San Francisco and Washington D.C.

JetBlue to suspend operations at several airports around 5 major metro areas

The airline's shares have fallen 60% year to date. But are they are good value here?

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Talks between U.S. airlines and the Treasury Department over  how to award $25 billion in cash grants earmarked for payroll assistance due to the coronavirus outbreak were set to continue into the evening Tuesday, people briefed on the matter said.

U.S. Treasury talks continue on $25 billion in aviation grants

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Global airlines warned that 25 million jobs across the world could be at risk from the coronavirus travel downturn and the industry's representative body said airline finances were so fragile they could not afford to refund customers.

Millions of aviation jobs at risk, airlines can't afford refunds: IATA

A glimmer of hope concerning the pandemic powers the stocks higher.

Why Airline Shares Are Gaining Altitude Today

At least one flight attendant died and more than 100 have tested positive for COVID-19 so far.

Flight Attendants Call For ‘A Halt To All Leisure Travel’ Amid Coronavirus

U.S. airlines are extending loyalty program benefits and status into 2021 for members homebound because of the new coronavirus.

U.S. airlines ease loyalty programs in coronavirus travel slump

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With air-travel demand drooping faster than capacity contraction in February, load factor declines in the period.

Coronavirus Ravages Air Travel: Traffic Sinks to 2-Decade Low

Airlines canceling flights must offer prompt cash refunds, not just credits for future travel. That could cause airlines' cash burn to accelerate.

Airlines' Coronavirus Cash Crunch Deepens With DOT Refund Ruling

Senator Chuck Schumer and Speaker Nancy Pelosi are urging Treasury Secretary Steven Mnuchin not to negotiate so aggressively that it deters companies from taking aid to protect workers.

Top Democrats Press Treasury to Accelerate Airline Bailout

Leading House and Senate Democrats warned Treasury Secretary Steven Mnuchin that onerous conditions on airline relief could cost workers their jobs.

Democratic lawmakers urge Mnuchin against 'unreasonable conditions' on airline coronavirus aid

The global aviation industry may now need a bailout totalling $1 trillion. Aviation is struggling since many airlines have grounded entire fleets due to COVID-19 and aviation represents 3.6% of global gross domestic product, and if aviation were a country, it would rank 20th in size by GDP.

Global Airline Industry May Now Need A $1 Trillion Bailout

Warren Buffett's Berkshire Hathaway Sells Millions of Shares of Delta and Southwest as coronavirus crisis paralyzes airlines.

Buffett's Berkshire Hathaway Sells Airline Stocks Amid Crisis

Both airlines say they are burning through millions of dollars per day.

Delta and JetBlue Apply for Bailout Funds

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JetBlue Airways Corp. JBLU, -1.96% is burning through $10 million a day as it grapples with the coronavirus pandemic, company Chief Executive Robin Hayes said in a note to employees Friday.

JetBlue is burning through $10 million a day: CEO

U.S. airline executives face a test to see which sacrifices they are willing to make in exchange for federal aid that would allow them to continue paying their employees during the coronavirus pandemic.

US airlines must apply soon for coronavirus relief grants — then comes the hard part

U.S. airlines and contractors faced a deadline of 5 p.m. on Friday to tap the federal government for up to $32 billion in payroll grants to help them ride out a dramatic drop in air travel demand due to the new coronavirus outbreak.

News for JetBlue Airways Stock (JBLU)