JetBlue's (JBLU) Q1 Loss Narrower Than Expected, Q2 View Weak

JetBlue Airways’ (JBLU) first-quarter 2024 loss (excluding $1.68 from non-recurring items) of 43 cents per share was narrower than the Zacks Consensus Estimate of a loss of 53 cents. In the year-ago quarter, JBLU reported a loss of 34 cents.Operating revenues of$ 2.21 billion edged past the Zacks Consensus Estimate of $2.2 billion. However, the top line decreased 5.11% year over year.Passenger revenues, accounting for the bulk of the top line (93.03%), declined to$ 2.06 billion from $2.18 billion a year ago ...