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 Plunge 25% After Cost and Revenue Forecast Misses
JetBlue is executing a cost-cut strategy of cutting unprofitable routes, deferring aircraft deliveries and pricing premium seats. It was also reported by CNBC that the airline has already offered senior pilots voluntary early retirement packages as part of the restructuring.
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 18% amid high cost projections
Unit costs in 2025 will rise as much as 7% excluding fuel, the airline said Tuesday in a statement, outpacing analysts’ estimates on higher spending for compensation and aircraft maintenance. JetBlue shares fell as much as 18% as markets opened in New York, their biggest slump since Aug. 12.
JetBlue shares tumble after stormy forecast
JetBlue shares plummeted more than 26% on Tuesday after the airline forecasted first-quarter results that were below Wall Street's expectations.
JetBlue outlook sparks sell-off in shares
By Shivansh Tiwary and Rajesh Kumar Singh (Reuters) -JetBlue Airways shares plunged 28% on Tuesday after the New York-based carrier forecast lower-than-expected unit revenue and higher costs in the current quarter.
JetBlue Stock Falls 26% After Earnings. The Airline’s Guidance Was Weak.
JetBlue Airways lost less money than Wall Street was expecting in the fourth quarter, but that wasn’t enough to stop the ...
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JetBlue adds fourth type of premium seating option: EvenMore
The New York-based carrier announced what it's calling the EvenMore experience, a refreshed type of extra-legroom seat ...
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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 ...
This Is the Best (and Worst!) Airline in the U.S.
Got air travel on the horizon? Browse this list of the best and worst airlines in the United States before booking your ...
Delta Air Lines' Latest Route Is Just Another Jab At Alaska
As a main competitor to the other two legacy carriers, American Airlines and United Airlines, Delta also challenged plenty ...
Court blocks airline fee disclosure rule. Association says it would 'confuse consumers.'
A U.S. appeals court blocked the Department of Transportation's rule to get airlines to disclose service fees upfront.
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Budget airline blockbuster? Frontier again explores merger with Spirit
Frontier Airlines is again pursuing a merger with Spirit Airlines, with Spirit mired in chapter 11 bankruptcy proceedings.
Multiple flights to, from Orlando impacted after tragic plane crash near Washington, D.C.
Because of the tragic incident, Ronald Reagan National Airport will remain closed until at least 11 a.m. on Thursday.