Spirit Airlines (NASDAQ:SAVE) made clear it still wants to merge with JetBlue (NASDAQ:JBLU) as it reported results this morning. The budget airline reported a loss of $148.7 million, $1.36 per share fully adjusted on revenue of $1.32 billion. The loss was smaller than expected. The company also reported a loss for the year of $448 million, $4.10 per share.SAVE stock opened today at $7.32 per share, a market capitalization of about $750 million.Can This Spirit Be Saved?Spirit CEO Ted Christie was optimistic ...

NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today announced the appointment of Marty St. George to be the company’s next president, effective February 26, 2024. He will report to Joanna Geraghty, JetBlue’s current president and incoming chief executive officer. Since 2020, St. George has served as chief commercial officer at LATAM Airlines Group, Latin America’s largest airline holding company, in Santiago, Chile. Prior to joining LATAM, he operated an airline strategy consulting practice, where he ...

FORT LAUDERDALE, FLORIDA - JANUARY 31: A JetBlue Airways plane takes off from the Fort ... [+] Lauderdale-Hollywood International Airport on January 31, 2024 in Fort Lauderdale, Florida. The company recently announced that it was considering implementing cost-cutting measures due to the forecasted decline in revenue and increase in costs. (Photo by Joe Raedle/Getty Images)Getty ImagesJetBlue (NASDAQ: JBLU) recently reported its Q4 results, with revenues and earnings above the consensus estimates. The compan ...

JetBlue Airways (JBLU) fourth-quarter 2023 loss (excluding 12 cents from non-recurring items) of 19 cents per share was narrower than the Zacks Consensus Estimate of a loss of 28 cents. In the year-ago quarter, JBLU reported earnings of 22 cents.Operating revenues of $2.32 billion edged past the Zacks Consensus Estimate of $2.29 billion. However, the top line decreased 3.73% year over year.Passenger revenues, accounting for the bulk of the top line (93.2%), declined to $2.17 billion from $2.27 billion a yea ...

JetBlue’s newly expanded loyalty program saw “exceptional growth and engagement” during its first months.The program, TrueBlue, was expanded during the fourth quarter and has seen especially strong growth and engagement from the airline’s Mosaic customers, who have the highest level of TrueBlue membership, JetBlue said in a Tuesday (Jan. 30) earnings release.The more expansive TrueBlue program is part of JetBlue’s efforts to accelerate its innovation and continue improving the experience it offers the full ...

JetBlue Airways Corporation (NASDAQ:JBLU) Q4 2023 Earnings Conference Call January 30, 2024 10:00 AM ET Company Participants Koosh Patel - Director, IR Robin Hayes - CEO Joanna Geraghty - President and COO Ursula Hurley - CFO Dave Clark - Head of Revenue and Planning Conference Call Participants Mike Linenberg - Deutsche Bank Dan McKenzie - Seaport Global Duane Pfennigwerth - Evercore ISI Conor Cunningham - Melius Research Jamie Baker - JPMorgan Catherine O'Brien - Goldman Sachs Helane Becker - TD Cowen Sav ...

JetBlue Airways (JBLU) reported $2.33 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 3.7%. EPS of -$0.19 for the same period compares to $0.22 a year ago.The reported revenue represents a surprise of +1.43% over the Zacks Consensus Estimate of $2.29 billion. With the consensus EPS estimate being -$0.28, the EPS surprise was +32.14%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

4Q23 Earnings Presentation January 30, 2024 ...

JetBlue Airways (JBLU) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 32.14%. A quarter ago, it was expected that this airline would post a loss of $0.27 per share when it actually produced a loss of $0.39, delivering a surprise of -44.44%.Over the last four quarters, the company has sur ...