JetBlue Airways (JBLU) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of a loss of $0.13 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 161.54%. A quarter ago, it was expected that this airline would post a loss of $0.53 per share when it actually produced a loss of $0.43, delivering a surprise of 18.87%.Over the last four quarters, the c ...

About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to__________ Commission File Number: 000-49728 etBlue JETBLUE AIRWAYS CORPORATION (Exact name of registrant as specified in its charter) Dela ...

Ex 99.1 - Earnings Release JETBLUE ANNOUNCES SECOND QUARTER 2024 RESULTS Exceeded second quarter guidance targets Introducing JetForward, the evolution of JetBlue's strategy to restore profitability Targeting $800M - $900M of incremental EBIT in 2027 (1) NEW YORK (July 30, 2024) - JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for the second quarter of 2024. "We closed the first half of 2024 with meaningful year-over-year improvements in our operation and exceeded our second ...

JetBlue Airways Corporation (JBLU) is scheduled to report second-quarter 2024 results on Jul 30 before market open.JetBlue Airways has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missing once. The average beat is 4.77%.The Zacks Consensus Estimate for JBLU’s soon-to-be-reported quarter’s loss is currently pegged at 16 cents per share, narrower than the loss of 26 cents per share 60 days ago.The Zacks Consensus Estimate for ...

JetBlue Airways (JBLU) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 30, 2024, might help the stock move higher if these key numbers are better than exp ...

JetBlue Airways’ (JBLU) shares have gained 15% in the past six months compared with the industry’s 10.2% growth. The S&P 500 composite index rose 17.2% in the same time frame, while the Zacks Transportation sector declined 4.3%. The low-cost carrier currently has a market capitalization of $1.99 billion.Image Source: Zacks Investment ResearchUpbeat passenger volumes, owing to a buoyant air travel demand scenario, are primarily driving growth at JBLU. The airline operator, presently carrying a Zacks Rank #3 ...

JetBlue Airways Corporation (JBLU) is forging ahead to strengthen itsfoothold in Mexico. To this end, JBLU has officially launched a service between New York’s John F. Kennedy International Airport (JFK) and Tulum’s Felipe Carrillo Puerto Tulum International Airport (TQO).JetBlue's new daily nonstop service from New York JFK to Tulum marks JetBlue’s third destination in Mexico, apart from Cancun and Los Cabos. The newly launched Tulum route will be served using JBLU’s Airbus A320 aircraft.JBLU had started i ...

JetBlue Airways’ (JBLU) efforts to upgrade its fleet are commendable. However, JBLU is grappling with major headwinds like high operating expenses, which are adversely impacting its bottom line.Factors Favoring JBLUJetBlue's fleet modernization is impressive, marked by the introduction of the Airbus A321neo and the launch of transatlantic service to London. Its success is further highlighted by the expansion of the Mint service from Newark, with $75 million in savings expected by 2024.JBLU’s commitment to r ...

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Spirit Airlines CEO Ted Christie said Friday that the budget airline isn't considering a chapter 11 bankruptcy filing and is "encouraged" by its plan after a failed takeover by JetBlue Airways.Spirit has been struggling with shifting travel demand, increased U.S. competition and a Pratt & Whitney engine recall that grounded dozens of its Airbus planes. ...