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JetBlue Airways is implementing broad cost-cutting measures, including cutting flights, pausing upgrades to aircraft, and reducing internal spending, as it struggles to regain profitability.
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 ...
JetBlue Airways JBLU.O is planning new cost-cutting measures such as reducing flights and parking aircraft, as soft travel demand makes achieving a breakeven operating margin in 2025 "unlikely", ...
JetBlue Airways Corp. plans to hasten cost cuts by eliminating some flights, ending service to a number of cities and ...
JetBlue plans to reduce its capacity and cut unprofitable routes as the travel industry grapples with a slowdown in demand ...
JetBlue CEO says the airline will further decrease flights during off-peak times and eliminate routes that are not profitable ...
JetBlue Airways Corp.’s stock dropped nearly 8% on Tuesday after Chief Executive Joanna Geraghty said the carrier’s path to ...