President Marty St. George said demand has strengthened, using a term he said the airline industry has not heard in about a year: “strong.” He said JetBlue beat its fourth-quarter RASM guide by “a pretty good number” and that momentum continued into the first quarter.Hurley said JetForward delivered $305 million of EBIT in 2025 and is expected to deliver “upwards of $310 million of value” in 2026. Looking ahead, she reiterated a goal of achieving “a break-even or better operating margin” in 2026, which mana ...

Core Insights - JetBlue Airways is set to launch nonstop service between Houston's George Bush Intercontinental Airport (IAH) and New York's John F. Kennedy International Airport (JFK) starting May 21, 2026, to enhance its service offerings [1][2] Service Details - The new route will operate twice daily, providing flexible travel options and joining JetBlue's existing daily service between Houston and Boston Logan International Airport (BOS) [2][7] - Passengers will benefit from JetBlue's signature onboard experience, which includes free unlimited Fly-Fi, seatback entertainment, and complimentary snacks and drinks [3][7] Strategic Importance - The vice president of network planning and airline partnerships at JetBlue emphasized the importance of Houston as a destination, highlighting the convenience of the new nonstop service for travelers between these major metropolitan areas [4] - The twice-daily flights are designed to accommodate same-day trips, longer stays, and easy connections across JetBlue's broader network [4] Stock Performance - JetBlue's shares have increased by 41.1% over the past three months, outperforming the Zacks Airline industry, which saw a 24.4% increase during the same period [5]

Group 1 - JetBlue flight experienced an engine failure during takeoff, leading to a return to Newark Liberty International Airport [1] - Passengers and crew evacuated the Airbus A320 via slides after smoke was reported in the cockpit, with no injuries reported [1] - The Federal Aviation Administration (FAA) has paused some arrivals to the airport and will conduct an investigation into the incident [1]

PresentationBrandon OglenskiBarclays Bank PLC, Research Division All right. Good morning, everyone. Welcome again to day 2 of Barclays 43rd Annual Industrial Select Conference. I'm Brandon Oglenski, airline and transport analyst. And next up, we have JetBlue Airways. Joining us is Marty St. George, President of the company; and Ursula Hurley, Chief Financial Officer. I know, Ursula, you have a couple of things you want to maybe talk about first, but can we just queue up the audience response questions and t ...

Jetblue Airways (NasdaqGS:JBLU) FY Conference February 18, 2026 10:25 AM ET Company ParticipantsMarty St. George - PresidentUrsula Hurley - CFOConference Call ParticipantsBrandon Oglenski - Airline and Transport AnalystNone - AnalystBrandon OglenskiAll right. Good morning, everyone. Welcome again to day 2 of Barclays' 43rd Annual Industrial Select Conference. I'm Brandon Oglenski, Airline and Transport Analyst, and, next up, we have JetBlue Airways. Joining us is Marty St. George, President of the company, ...

Capacity and Network - JetBlue's capacity distribution for 2025 shows 36.5% in the Caribbean & Latin America, 26.0% transcontinental, and 25.4% in Florida[37] - The airline serves 112 destinations across 29 states and 30 countries, with a significant focus on leisure travel[37] - JetBlue's point-to-point network primarily serves the Northeast U.S., with significant operations in New York and Boston, where it holds a 13% and 26% seat share, respectively[47] Strategic Initiatives - JetBlue's new strategic framework, JetForward, focuses on reliable service, building an east coast leisure network, and offering valued products[29] - The company plans to launch a domestic first-class experience across its non-Mint fleet, expected to roll out in 2026 with completion by the end of 2027[32] - In June 2025, JetBlue rebranded its travel products subsidiary to Paisly, aiming to expand its service offerings and partnerships, including a collaboration with United Airlines[59] - The company is implementing AI and data science technology to optimize operations and enhance customer self-service as part of its JetForward cost program[55] Customer Experience and Loyalty - JetBlue's partnership with United Airlines, known as Blue Sky, allows customers to earn and redeem points across both airlines, enhancing customer convenience[39] - The TrueBlue loyalty program allows members to earn points for JetBlue flights and other travel services, with no blackout dates and points that never expire, enhancing customer retention[43] - The company has introduced EvenMore Space, offering additional legroom and premium services, available for purchase across its fleet[31] - JetBlue's fleet is equipped with AVANT systems, providing access to approximately 300 movies and 1,000 TV episodes, along with high-speed Wi-Fi[32] Financial Performance and Costs - The company ended 2025 with $2.5 billion in cash and cash equivalents, short-term investments, and long-term marketable securities, indicating a strong liquidity position[55] - In 2025, JetBlue's fuel consumption decreased by 3.2% to 826 million gallons, with total fuel costs at $2.057 billion and an average price per gallon of $2.49, down 9.3% from 2024[54] - JetBlue's cost structure has historically allowed for lower fares compared to competitors, but labor costs have increased significantly due to post-pandemic shortages and collective bargaining agreements[45] - The company has $6.6 billion of fixed-rate debt and finance lease obligations, while $1.9 billion has floating interest rates[323] Workforce and Labor Relations - As of December 31, 2025, approximately 49% of JetBlue's active full-time equivalent crewmembers were represented by unions, with ongoing collective bargaining agreements for various employee groups[65] - As of December 31, 2025, the average number of active full-time equivalent crewmembers was 18,971, with a decrease of 2.8% compared to 2024[73] - JetBlue pilots ratified a two-year contract extension effective March 1, 2023, with negotiations for a new contract beginning in May 2024[67] - The inflight crewmembers' contract is amendable on December 13, 2026, with negotiations starting on January 1, 2025[69] - TWU filed a petition in November 2025 to represent dispatchers and air traffic system controllers, with an election scheduled from January 15, 2026, to February 26, 2026[70] Sustainability and Environmental Initiatives - The company has committed to achieving net-zero emissions by 2040, supported by tax credits for sustainable aviation fuel (SAF) starting January 1, 2026[90] - JetBlue's sustainability initiatives include adopting greenhouse gas emissions reduction targets and sourcing SAF to decrease its carbon footprint[76] - The International Civil Aviation Organization (ICAO) has implemented a global emissions offset program, CORSIA, which requires annual emissions reporting[87] Community Engagement - JetBlue's crewmembers have volunteered over 1.5 million hours to community programs since inception, focusing on youth and education[74] Operational Risks - The airline's operational risks include fuel price volatility and increased maintenance costs as the fleet ages[19] - A hypothetical 10% increase in the cost per gallon of aircraft fuel by December 31, 2025, would lead to an additional aircraft fuel expense of $200 million in 2026[322] - An average increase of 100 basis points in interest rates in 2026 compared to 2025 would raise annual interest expense by approximately $19 million[323] - If interest rates were to average 100 basis points lower in 2026 than in 2025, interest income from cash and investments would increase by approximately $17 million[324] Safety and Compliance - The company has maintained FAA certificates of airworthiness for all aircraft, ensuring compliance with safety regulations[79]

Company Overview - JetBlue Airways (JBLU) recently experienced a significant stock price movement, rising by 5.10% to close at $5.05. The company's financial report indicated a revenue of $2.322 billion, a net loss of $143 million, and earnings per share of -$0.39, with a price-to-earnings ratio of -3.87 [1] Business Developments - In December 2025, JetBlue opened its first airport lounge at Terminal 5 of New York's Kennedy Airport, aimed at enhancing ground service experiences to attract high-value travelers. Additionally, during the 2025 holiday season, the company saw a notable increase in passenger bookings, with strong demand for domestic and Caribbean routes, and optimized flight schedules to strengthen its leisure travel market share [2] Industry Policy and Environment - The airline industry is expected to see continued improvement in supply and demand dynamics in 2026, driven by expanded visa waiver policies and encouragement of service consumption. Supply constraints are anticipated due to delays in aircraft deliveries, which may lead to a year-over-year increase in ticket prices. This trend could provide external support for JetBlue's cost control and revenue growth. However, the company must remain vigilant regarding potential operational risks, such as the ongoing investigation into a near-collision incident involving military aircraft in the Caribbean in December 2025 [3]

Core Insights - JetBlue Airways Corporation will participate in a fireside chat at the Barclays 43rd Annual Industrial Select Conference on February 18, 2026, at approximately 10:25 a.m. ET, with a live webcast available on its investor relations website [1] Group 1: Company Participation and Events - JetBlue will engage in a fireside chat at the Barclays conference, providing an opportunity for investors to gain insights into the company's operations and future plans [1] - A live, listen-only webcast of the call will be accessible on JetBlue's investor relations website, with an archived version available post-conference [1] Group 2: Company Recognition and Community Engagement - JetBlue has been recognized by The Points Guy with a TPG Award for Best U.S. Economy Cabin, marking the sixth time the airline has received this award, highlighting its commitment to customer satisfaction [1] - The airline has unveiled a special aircraft livery celebrating the Dominican Republic, designed by artist Willy Gómez, which reflects JetBlue's dedication to the Dominican community [1]

Core Insights - JetBlue and United Airlines have launched a new customer benefit as part of their Blue Sky collaboration, allowing travelers to purchase eligible itineraries operated by either airline directly on their respective websites and mobile apps [1] Company Developments - Customers can now book flights on either JetBlue or United Airlines using cash, points, or miles, enhancing flexibility for travelers [1]

Group 1 - JetBlue Airways Corp. experienced a significant share price increase of 30.59% week-on-week, driven by reduced losses and a positive growth outlook for 2026 [1] - The company narrowed its net loss by 24% to $602 million in the previous year, despite a 2.3% decline in total operating revenues to $9.06 billion [2] - In the fourth quarter, JetBlue reported a net loss of $177 million, a 302% increase from $44 million in the same period the previous year, with revenues decreasing by 1.5% to $2.24 billion [3] Group 2 - For the full year 2026, JetBlue aims to grow its available seat miles (ASM) by 2.5% to 4.5% year-on-year and increase revenues per ASM by 2% to 5% [4] - The company expressed confidence in achieving its incremental EBIT target of $850 million to $950 million by 2027, having already delivered $305 million last year and targeting an additional $310 million this year [3] - JetBlue's President, Marty St. George, highlighted strong underlying demand and optimism regarding the macroeconomic environment and industry capacity supporting continued improvement [5]