JetBlue(JBLU)

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JetBlue shares tumble 9% after airline lowers 2024 revenue outlook
CNBC· 2024-04-23 11:28
Silhouette of passenger in front of the JetBlue Airbus A321neo aircraft spotted on the apron tarmac docked at the passenger jet bridge from the terminal of Amsterdam Schiphol International Airport AMS EHAM in the Netherlands.JetBlue Airways shares tumbled more than 9% in premarket trading on Tuesday after the airline lowered its 2024 revenue forecast, a setback as the carrier tries to return to profitability.JetBlue said second-quarter revenue would likely drop as much as 10.5% on the year, more than double ...
JetBlue(JBLU) - 2024 Q1 - Quarterly Results
2024-04-23 10:30
Ex 99.1 - Earnings Release JETBLUE ANNOUNCES FIRST QUARTER 2024 RESULTS First quarter results exceeded expectations Progress on revenue and cost initiatives supported positive performance Focused on executing on refreshed standalone strategy NEW YORK (April 23, 2024) - JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for the first quarter of 2024. "Thanks to our incredible crewmembers and our reinvigorated focus on improving reliability, our operation performed above plan in t ...
Gaining Over 20% This Year, What Lies Ahead For JetBlue Stock Following Q1 Results?
Forbes· 2024-04-17 12:00
JetBlue Airbus A321neo aircraft flying, landing and taxiing at Polderbaan runway in Amsterdam ... [+] Schiphol International Airport AMS EHAM in the Netherlands. March 30, 2024 (Photo by Nicolas Economou/NurPhoto via Getty Images)NurPhoto via Getty ImagesJetBlue Airways (NASDAQ: JBLU) will report its Q1 2024 results on Tuesday, April 23. We expect the company’s top line to come in at $2.2 billion, and the bottom line at $(0.50), compared to the consensus estimates of $2.2 billion, and $(0.52), respectively. ...
Why JetBlue Airways (JBLU) Stock Might be a Great Pick.
Zacks Investment Research· 2024-04-08 15:56
JBLU Quick Quote - One stock that might be an intriguing choice for investors right now is JetBlue Airways Corporation ( Free Report ) . This is because this security in the Transportation - Airline industry space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across ...
These 2 Transportation Stocks Could Beat Earnings: Why They Should Be on Your Radar
Zacks Investment Research· 2024-04-05 13:51
Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter.The earnings figure itself is key, of course, but a beat or miss on the bottom line can sometimes be just as, if not more, important. Therefore, investors should consider paying close attention to these earnings surprises, as a big beat can help a stock climb and vice versa.Hunting for 'earnings whispers' or companies pois ...
JetBlue (JBLU) Offers Nonstop Service From Boston to Paris
Zacks Investment Research· 2024-04-04 18:50
JetBlue Airways Corporation (JBLU) is forging ahead to expand its transatlantic service to Paris. To this end, JBLU has launched its daily nonstop flights from Boston Logan International Airport (BOS) to Paris Charles de Gaulle Airport (CDG).JetBlue’s new flight between Boston and Paris came on the back of the successful launch of service from New York’s John F. Kennedy International Airport (JFK) last summer. Apart from Paris, JetBlue offers daily flights to London and Amsterdam and recently launched a sea ...
JetBlue increases bag fees again – this time, it depends on when you fly
Fox Business· 2024-04-04 15:51
JetBlue Airways is tacking on an extra fee for checked bags on peak travel days in an effort to improve profitability. The New York-based carrier told FOX Business that it will charge an extra $5 for the first bag checked, followed by an additional $10 for the second bag during high-traffic periods.For JetBlue, the cost for Blue Basic, Blue and Blue Extra travelers to check their first bag within 24 hours of departure rose to $45. The cost for a second checked bag within 24 hours of departure also increas ...
JetBlue leaving 5 cities as it cuts unprofitable routes
Fox Business· 2024-03-20 20:20
Low-cost airline JetBlue is planning to eliminate routes to five cities and reduce its service to Los Angeles as it looks to improve its financial performance after a federal court blocked its proposed merger with rival budget carrier Spirit Airlines. The airline will eliminate routes to Kansas City, Missouri, as well as Bogota, Colombia; Quito, Ecuador; and Lima, Peru. JetBlue will also eliminate service to Newburgh, New York, which has been suspended since 2020, and cut the number of flights in Los Angele ...
JetBlue Airways (JBLU) to Drop Some Non-Profitable Routes
Zacks Investment Research· 2024-03-20 16:40
JetBlue Airways (JBLU) has decided to stop operating on some non-profitable routes in a bid to improve its financial performance. The carrier currently has limited planes in its fleet following a snag with RTX's Pratt & Whitney geared turbofan that powers Airbus A320neo jets.Due to this incident, JetBlue had to pull seven planes out of service. The number of planes withdrawn from service is expected to reach 15 by the year-end. Given the shrunk fleet-size, the decision to trim its network appears prudent.Ap ...
JetBlue cuts routes spanning Los Angeles to Lima in race to lower costs
CNBC· 2024-03-19 19:40
A JetBlue Airways plane prepares to take off from the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on Jan. 31, 2024.JetBlue Airways told staff on Tuesday that it is culling a host of routes, making it the carrier's latest move to cut costs in the wake of a failed attempt to acquire Spirit Airlines and a Pratt & Whitney engine issue that has grounded some of its Airbus planes.The carrier will reduce its departures from Los Angeles International Airport from about 34 a day to 2 ...