JetBlue Airways

JetBlue Airways Corp. provides air transportation services. It carries more than 30 million customers a year to 86 cities in the U.S., Caribbean, and Latin America with an average of 850 daily flights. The firm offers flights and tickets to more than 82 destinations, with accommodations such as free TV, free snacks, and the most legroom. The company was founded by David Gary Neeleman in August 1998 and is headquartered in Long Island City, NY.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

JetBlue reports record revenue in 2022, eyes growth opportunities

JetBlue's 2022 performance showcased revenue growth and operational improvements.
While facing challenges from external factors, JetBlue is focused on cost management and revenue initiatives.
Strategic strengths lie in the Northeast Alliance, growth opportunities, and normalized earnings target.

JetBlue surpasses Q1 earnings expectations amidst operational challenges

JetBlue Airways exceeded Q1 earnings expectations, showing resilience amid challenges like ATC issues. The company's strategic initiatives, revenue growth, and confidence in outlook signal a positive trajectory. With a focus on cost reduction, revenue improvement, and operational adjustments, JetBlue aims to navigate current challenges and capitalize on growth opportunities.

JetBlue reports Q2 earnings, faces challenges, eyes growth opportunities

JetBlue's Q2 performance reflects resilience amid challenges and strategic investments.
Maintaining liquidity and focusing on shareholder value are key strengths.
Challenges include operational disruptions and competitive dynamics in key markets.
Opportunities lie in organic growth, network optimization, and fleet flexibility.

JetBlue reports Q3 loss, focuses on capacity realignment strategy

JetBlue faces challenges from disruptions and cost pressures but is strategically realigning capacity.
The company is leveraging strengths in the premium sector and New York market competitiveness.
Opportunities lie in reallocating capacity thoughtfully and enhancing operational resilience.
Despite headwinds, JetBlue is focused on strategic growth and cost mitigation efforts.

JetBlue reports strong Q4 results, eyes sustained profitability in 2024

JetBlue Airways showcased strong performance in Q4 2023, focusing on profitability, cost reduction, and operational efficiency amidst challenges and uncertainties.
With a strategic evolution plan, positive revenue trends, and a commitment to sustainable growth, JetBlue aims to drive its core business to sustained profitability in 2024.
The company's resilience, focus on cost optimization, and strategic initiatives position JetBlue well to navigate challenges and capitalize on opportunities for long-term success.

JetBlue surpasses Q1 expectations amidst Latin region challenges

JetBlue Airways' Q1 2024 performance exceeded expectations, but challenges in the Latin region impacted revenue acceleration, leading to revised guidance. The airline is focusing on maintaining a low cost base, strengthening liquidity, and overcoming headwinds through core strengths and loyalty growth. JetBlue aims to drive profitability by implementing revenue initiatives and cost-saving measures.

JetBlue surpasses Q2 expectations, focuses on cost savings and reliability

JetBlue's Q2 performance exceeded expectations with strong RASM growth. Strategic focus on cost savings, reliability, and network optimization. Challenges with engine issues and aircraft retirements being addressed.

JetBlue reports strong Q3 performance and strategic debt raise

JetBlue's Q3 2024 earnings call highlighted strong operational and revenue performance, supported by strategic initiatives and financial planning.
The company's focus on improving margins, delivering value, and executing the JetForward plan positions it for future growth and profitability.
While facing challenges and uncertainties, JetBlue has opportunities to leverage its strengths and drive market differentiation and revenue enhancement.

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JetBlue Airways Corp. engages in the provision of air transportation services. Its brands include jetBlue, jetBlue Vacations, Paisly, and TrueBlue. It operates through the following geographic segments: Domestic and Canada, Caribbean and Latin America, and Atlantic. The company was founded by David Gary Neeleman in August 1998 and is headquartered in Long Island City, NY.

Uber

Spirit Airlines

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Uber Drops Drizly; the Government Stalls an Airline Merger

Spirit shares are down about 50% since a U.S. District Court judge blocked the merger.

Spirit Airlines shares extend rebound after it appeals ruling blocking JetBlue merger

Shares in Spirit Airlines and JetBlue Airlines were on the front foot in early Monday trades after filing an appeal against the ruling of US District Judge William Young, who last week blocked their proposed $3.8 billion merger. Young's ruling was due to concerns that the merger would violate US antitrust laws, potentially leading to higher prices and fewer options for consumers.

Spirit Airlines and JetBlue bolstered by fresh hopes of $3.8mln merger

A rise in air-travel demand is likely to aid JetBlue's (JBLU) fourth-quarter 2023 results.

What's in the Offing for JetBlue (JBLU) in Q4 Earnings?

The appeal continues the court fight to keep the merger alive, a deal Spirit needs as it faces financial difficulties.

JetBlue, Spirit Airlines to appeal judge's ruling that blocked $3.8B merger

JetBlue Airways Corp. and Spirit Airlines Inc. said late Friday that they have appealed a court ruling that earlier this week blocked their planned merger.

JetBlue, Spirit Airlines appeal court ruling blocking their proposed merger

JetBlue and Spirit jointly said they will appeal the court's decision. A U.S. District Court judge this week blocked JetBlue's purchase of Spirit on antitrust grounds. Spirit shares plunged after the decision but recovered Friday after outlining a plan to refinance some of its debt.

JetBlue and Spirit appeal judge's ruling that blocks their proposed merger

NEW YORK & MIRAMAR, Fla.--(BUSINESS WIRE)--JetBlue Airways Corporation (“JetBlue”) (NASDAQ: JBLU) and Spirit Airlines, Inc. (“Spirit”) (NYSE: SAVE) today reported that they have jointly filed a notice of appeal to the U.S. Court of Appeals for the First Circuit, consistent with the requirements of the merger agreement. About JetBlue  JetBlue is New York's Hometown Airline®️, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan. JetBlue carries customers.

JetBlue and Spirit File Notice of Appeal

JetBlue is focusing on leisure routes and will add service in the Caribbean and to Paris, after a judge rejected its purchase of Spirit Airlines.

JetBlue to cut some routes in profitability push days after judge bars Spirit purchase

Spirit Airlines is seeking to convince JetBlue Airways to appeal a decision by a federal judge to block the tie-up between the sixth and seventh largest U.S. airlines, according to people familiar with the discussions.

Exclusive: Spirit Airlines presses JetBlue to appeal merger block-sources

NEW YORK--(BUSINESS WIRE)--JetBlue Airways Corporation (Nasdaq: JBLU) announced today that it will hold its quarterly conference call to discuss fourth quarter 2023 financial results on January 30th, 2024 at 10:00 a.m. ET. A live, listen-only webcast of the call will be available on JetBlue's investor relations website at the following web address: http://investor.jetblue.com For those unable to listen to the live webcast, it will also be archived on JetBlue's investor relations website under '.

JetBlue Announces Webcast of Fourth Quarter 2023 Earnings Conference Call

Spirit Airlines is looking at ways to deal with its financial challenges, including $1.1B in debt, after a federal judge blocked the merger deal between it and JetBlue Airways

Spirit Airlines explores restructuring options following JetBlue deal collapse

JetBlue (JBLU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: JetBlue Airways (JBLU) Q4 Earnings Expected to Decline

With more observers bracing for a future where JetBlue Airways Corp. and Spirit Airlines Inc. have to go it alone, Fitch analysts on Wednesday became the latest to cast doubt on Spirit's prospects as a standalone airline, saying the ultra-low-cost carrier faced “serious headwinds” to improving its profits.

Spirit Airlines' odds on its own look shaky after judge blocks JetBlue merger, Fitch says

Spirit, whose last profitable year was 2019, had challenges even before the ruling including grounded planes, softening demand and rising costs.

Failed JetBlue takeover could force Spirit to slash fares, restructure as carrier grasps for a path

It's Spirit's second day of double-digit losses after a judge blocked its proposed merger with JetBlue Airways.

Spirit Airlines shares sink 20% in second day of losses after judge blocks JetBlue merger

Shares of Spirit Airlines were down another 20% on Wednesday morning following a federal judge's move to block its planned $3.8 billion acquisition by JetBlue. The deal would have created the fifth-largest airline in the US.

Spirit Airlines shares plunge, "difficult path ahead" without JetBlue acquisition

Disney

The U.S. Department of Justice prevailed in a lawsuit to stop the merger of two low-cost airlines, while the House of Mouse nominated its slate of 12 candidates for its board of directors.

Federal Judge Blocks JetBlue-Spirit Merger; Disney Names Board Candidates

A federal judge's decision to block JetBlue Airways Corp.'s proposed $3.8 billion acquisition of Spirit Airlines Inc. is a good outcome for JetBlue, according to J.P. Morgan.

JetBlue dodged a bullet after judge blocked Spirit acquisition, J.P. Morgan says

JetBlue Airways may have lost its court battle over the proposed merger with Spirit Airlines, but it's not such a bad outcome for the low-cost carrier.

Why JetBlue Is a Winner After Judge Blocks Spirit Merger

Shares of ultra-low-cost carrier Spirit Airlines fell 10% in premarket trade on Wednesday, a day after a U.S. judge blocked the airline's planned $3.8 billion merger with rival JetBlue Airways.

Spirit Airlines stock dips after US judge blocks $3.8 billion merger with JetBlue

Spirit Airlines faces tough choices about its future including looking for another buyer and finding other ways to shore up its finances after a federal judge on Tuesday blocked its $3.8 billion merger deal with JetBlue Airways , industry experts said.

Focus: Spirit Airlines finds itself with few options after judge blocks deal with JetBlue

Shares of Spirit Airlines plunged nearly 50% Tuesday after a federal judge blocked JetBlue Airways' (NASDAQ:JBLU) plan to purchase the budget airline for $3.8 billion.  The ruling is a win for the US Justice Department, which sued to block the merger on the grounds that it would increase fares by reducing competition in the discount airline market.

JetBlue's bid to buy Spirit Airlines blocked by federal judge

A US federal judge on Tuesday ruled against JetBlue's $3.8 billion takeover of low-cost carrier Spirit Airlines, saying that the deal would reduce competition.

US judge blocks JetBlue-Spirit airline merger

The U.S. government's suit to block JetBlue's acquisition of Spirit was successful, casting the future of both companies into doubt. JetBlue comes out better of the two sides, given the deal was expensive and the economic climate has softened since the deal was announced.

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