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JetBlue to cut flights as carrier says 'unlikely' to break even in 2025 due to weaker travel demand
JetBlueJetBlue(US:JBLU) Fox Business·2025-06-17 16:21

JetBlue is implementing a slew of cost-cutting measures, including axing some flights, as economic uncertainty has lowered consumer confidence and subsequently dampened consumer demand.  CEO Joanna Geraghty told staff in an internal note on Monday that it's "unlikely" that the company will reach a break-even operating margin as it had hoped after years of financial strain."We’re hopeful demand and bookings will rebound, but even a recovery won’t fully offset the ground we've lost this year and our path back ...