JetBlue shares tumble 25% after disappointing outlook
The airline is in the middle of a plan to reduce costs by culling unprofitable routes and drumming up revenue with higher-priced seats.
JetBlue Tumbles 25%: New Bear Market Price Target Here
JetBlue’s earnings results for the last quarter were better than analysts’ expectations to lose $0.29 per share. The company did miss its revenue target as year-over-year sales dropped by -2.1%. This marks five out of six quarters of declining revenue as JetBlue focuses on a balance sheet turnaround.
JetBlue shares sink after disappointing forecast for unit revenue and costs
JetBlue Airways forecast higher costs and unit revenue below analysts' expectations for the first quarter on Tuesday, sending the New York-based carrier's shares down 14% in morning trade.
Why JetBlue’s Outlook, Turnaround Efforts Disappointed Investors
JetBlue’s unit revenue guide implied deceleration year over year despite all the changes it has been making,” offered Melius Research analyst Conor Cunningham.
JetBlue shares tumble roughly 20% after disappointing outlook
The airline is in the middle of a plan to reduce costs by culling unprofitable routes and drumming up revenue with higher-priced seats.
JetBlue’s stock plunges as revenue outlook disappoints. Capacity is in the spotlight.
JetBlue’s fourth-quarter results beat expectations, but the outlook for a key revenue metric was below forecasts.
JetBlue shares tumble after stormy forecast
JetBlue Airways forecast higher costs, and unit revenue below analysts' expectations, for the first quarter on Tuesday, sending the New York-based carrier's shares down 26% in morning trade. Lisa Bernhard has more.
JetBlue stock sinks 20% as its outlook disappoints
JetBlue Airways (JBLU) shares sank about 20% Tuesday morning after warning of rising costs that could weigh on its 2025 performance.
The Points Guy1h
JetBlue's 'immense change': First class, lounges and credit card highlight airline's pivot
The airline unveiled the lounge plans last year as part of its larger JetForward effort to boost operating profits by $800 to ...
JetBlue Stock Sinks as Forecast Outweighs Narrower-Than-Expected Q4 Loss
Shares of JetBlue tumbled Tuesday morning after the airline's downbeat outlook for the first quarter and upcoming fiscal year ...
Skift3h
JetBlue Issues Dim Outlook But Execs Remain Confident in Turnaround Plan
JetBlue said it was expecting a weaker first-quarter while executives said they believed the carrier’s turnaround plan would ...
Flying2h
JetBlue Offers Some Pilots $400,000 to Retire Early
JetBlue is looking to trim its pilot ranks with voluntary separations for some of the carrier’s more senior aviators.
Travel + Leisure on MSN4h
JetBlue's Latest Sale Has Flights to Florida, the Caribbean, and More — Starting at Just $49
The latest promotion also comes as JetBlue rolled out the ability to pay for flights with Venmo, the popular peer-to-peer ...
JetBlue introduces new way to pay for flights: What to know
"We're continually looking for ways to make it easier to book a JetBlue flight on our website and mobile app." ...
Get one-way flights out of Boston for under $100 during these airline sales
JetBlue announced a three-day winter sale on Tuesday, with one-way fares out of Boston for as low as $49. The deal, which ...
JetBlue Airways (JBLU) Q4 2024 Earnings Call Transcript
I would like to welcome everyone to the JetBlue Airways fourth quarter 2024 earnings conference call. As a reminder, today's ...