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News

JetBlue CEO announces cost cuts

Fox Business on MSN · 18h
JetBlue to cut flights as carrier says 'unlikely' to break even in 2025 due to weaker travel demand
JetBlue hasn't posted an annual profitability since the onset of the pandemic, with the carrier enduring a $1.4 billion loss in 2020. In 2024, its $3.8 billion merger with Spirit Airlines was rejected by a federal judge on the grounds that it would hurt competition for low-cost air travel tickets.
Skift · 1d
JetBlue CEO Says Airline Unlikely to Break-Even, Cost Cuts to Come
JetBlue is looking to implement a slate of cost cuts as CEO Joanna Geraghty tells staff that the airline needs to reduce spending.
Yahoo Finance · 22h
JetBlue stock falls after CEO memo signals additional cost cuts
JetBlue (JBLU) stock is declining after CEO Joanna Geraghty said in an internal memo obtained by Yahoo Finance that the airline will be making further cost cuts amid weak travel demand, and that it's unlikely the company will break even on its operating margin this year.
The Points Guy on MSN1d
JetBlue to cut routes and park planes as it tries to stem losses
JetBlue will cut its route map and park planes in a larger effort to reduce expenses as economic uncertainty takes a toll on ...
23hon MSN
JetBlue’s stock is losing altitude as a travel slowdown clouds the outlook
JetBlue Airways Corp.’s stock dropped nearly 8% on Tuesday after Chief Executive Joanna Geraghty said the carrier’s path to ...

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