JetBlue Airways Corp. shares fell after the company projected higher costs in 2025 than expected. Despite the setback, the airline reported a smaller-than-expected fourth-quarter loss.
Shares of travel industry giants Royal Caribbean Cruises Ltd (NYSE:RCL) and JetBlue Airways Corporation (NASDAQ:JBLU) are experiencing notable price swings following their recent earnings announcement
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 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.
JetBlue Airways (JBLU) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.30. This compares to loss of $0.19 per share a year ago.
JetBlue's Q4 results beat expectations, but the outlook for a key revenue metric was below forecasts.
On Tuesday, JetBlue Airways Corporation JBLU reported an adjusted loss per share of 21 cents, beating the consensus loss of 31 cents, compared to a 19-cent loss reported a year ago.
The low-cost carrier reported its fourth-quarter results ahead of Tuesday's opening bell.

JetBlue Announces Fourth Quarter 2024 Results

07:00am, Tuesday, 28'th Jan 2025
NEW YORK--(BUSINESS WIRE)--JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for the fourth quarter of 2024. "2024 was a year of rapid change for JetBlue as we introduced
I believe the Street is significantly underestimating the financial improvements of JetBlue Airways Corporation's JetForward strategy. I'm projecting Q1 and FY 2025 guidance will beat expectations, dr
JetBlue stock price has underperformed other American airline companies like United Airlines, Delta, and American Airlines. It has dropped by over 63% from its highest level in 2021, bringing its valu
NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced it will be ‘kicking off' limited time nonstop flights to bring hundreds more sports fans to the big game. The airline will add fligh
JetBlue is offering early retirement packages to pilots nearing mandatory retirement age. Eligible pilots will be 59 years old on or before March 31, according to a pilot memo.
BOSTON--(BUSINESS WIRE)--JetBlue (NASDAQ:JBLU), New England's leading leisure carrier, today announced it has officially launched service from Manchester-Boston Regional Airport (MHT), complementing i
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today announced that EvenMore, its new premium travel experience, is now available for booking on jetblue.com and the airline's mobile app. Starting J
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