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.

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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.

With JetBlue Airways shares moving south, we assess the current positioning of the stock to determine if it's a good investment at this juncture.

JetBlue Airways Stock Plunges 25% in 6 Months: Should You Buy the Dip?

JetBlue (JBLU) reported earnings 30 days ago. What's next for the stock?

Why Is JetBlue (JBLU) Down 24% Since Last Earnings Report?

NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today launched its fourteenth annual Soar with Reading initiative, this year in partnership with Little Free Library, with a commemorative book sharing event at Centro Tau Community Center in Loíza, Puerto Rico. Proud to be Puerto Rico's largest airline, JetBlue together with Little Free Library have placed seven library book-sharing boxes across Puerto Rico, creating increased access to literature for all ages. "We are excited to bring our belo.

As Puerto Rico's Largest Airline, JetBlue Partners with Little Free Library® to Bring Beloved ‘Soar with Reading' Initiative to the Island

JetBlue tapped debt markets for about $3 billion in fresh capital. The money will be used to pay off debt due in the coming years and to fund capital expenditures, but investors are worried about the cost of the debt.

Why JetBlue Stock Lost Altitude This Week

JetBlue (NASDAQ: JBLU) stock price has imploded as the company continues operating in a highly difficult market and after receiving credit downgrades by Moody's and S&P Global. It has dropped by over 16% this year while benchmark indices like S&P 500 and Nasdaq 100 have risen by double digits.

JetBlue stock price has imploded; brace for more turbulence ahead

NEW YORK, N.Y., Aug. 14, 2024 (GLOBE NEWSWIRE) -- JetBlue Airways Corporation (NASDAQ: JBLU) (“JetBlue”) today announced that JetBlue and JetBlue Loyalty, LP (the “Loyalty LP” and, together with JetBlue, the “Issuers”), a newly formed Cayman Islands exempted limited partnership and an indirect wholly-owned subsidiary of JetBlue, priced their (1) $2,000 million aggregate principal amount of 9.875% senior secured notes due 2031 (the “Notes”) and (2) $765 million senior secured Term Loan B due 2029 (the “Term Loan” and, together with the Notes, the “Loyalty Financings”). The Notes offering was increased by $500 million from the previously announced offering size of $1,500 million in connection with a decrease to the size of the Term Loan.

JetBlue Announces Pricing of $2,000 Million Senior Secured Notes Offering and $765 Million Term Loan

JetBlue Airways Corp.'s stock slid another 2% early Tuesday after a record selloff on Monday, as the big three credit rating agencies downgraded the company further into junk territory on news it is issuing more than $3 billion in debt.

JetBlue downgraded by all three ratings agencies after announcing debt offering

NEW YORK--(BUSINESS WIRE)--JetBlue Airways Corporation (NASDAQ: JBLU) (“JetBlue”) today announced the pricing of $400 million aggregate principal amount of its 2.50% convertible senior notes due 2029 (the “notes”). JetBlue granted the initial purchasers of the notes an option to purchase up to an additional $60 million aggregate principal amount of the notes. JetBlue expects to close the offering on or about August 16, 2024, subject to the satisfaction of customary conditions. In certain circum.

JetBlue Announces Pricing of $400 Million Convertible Senior Notes Offering

JetBlue was downgraded by ratings agencies S&P and Moody's after the budget air carrier announced plans to raise more than $3 billion in debt as it deals with financial challenges.

JetBlue downgraded by S&P and Moody's amid $3B debt raise

JetBlue (JBLU) shares tumbled more than 21% in intraday trading Monday after the company announced plans to raise over $3 billion in debt and received credit downgrades from major credit rating agencies.

JetBlue Hit With Credit Downgrades Amid $3 Billion Debt Financing

JetBlue (NASDAQ: JBLU ) stock is falling hard on Monday after the airline company announced a $400 million senior secured notes offering. This has JetBlue selling $400 million worth of senior secured notes that will be due in 2029.

JetBlue Is Plunging. Why Is JBLU Stock Down 21% Today?

JetBlue Airways (NASDAQ:JBLU) shares dropped more than 15% today after it launched a US$2.75 billion bond-and-loan sale, leveraging its loyalty program to raise funds for general corporate purposes. The financing package consists of US$1.5 billion in seven-year bonds, which are callable in three years, and a US$1.25 billion five-year term loan.

JetBlue plummets on plans to fundraise through debt offerings

NEW YORK--(BUSINESS WIRE)--JetBlue Airways Corporation (NASDAQ: JBLU) (“JetBlue”) today announced that JetBlue and JetBlue Loyalty, LP (the “Loyalty LP” and, together with JetBlue, the “Issuers”), a newly formed Cayman Islands exempted limited partnership and an indirect wholly-owned subsidiary of JetBlue, intend to (1) commence a private offering of a proposed $1,500 million aggregate principal amount of senior secured notes due 2031 (the “Loyalty Notes”) and (2) launch a proposed senior secur.

JetBlue Announces Proposed Senior Secured Loyalty Notes Offering and Senior Secured Loyalty Term Loan

NEW YORK--(BUSINESS WIRE)--JetBlue Airways Corporation (NASDAQ: JBLU) (“JetBlue”) today announced that it intends to offer (the “offering”) $400 million aggregate principal amount of convertible senior notes due 2029 (the “notes”). JetBlue also expects to grant the initial purchasers of the notes an option to purchase, within a 13-day period from, and including, the date of original issuance of the notes, up to an additional $60 million aggregate principal amount of the notes. JetBlue intends t.

JetBlue Announces $400 Million Convertible Senior Notes Offering

Ratings agencies S&P and Moody's downgraded JetBlue Airways after the carrier unveiled plans to raise more than $3 billion in debt, majority backed by its loyalty program, TrueBlue.

S&P and Moody's downgrade JetBlue amid $3 bln debt raise, shares sink

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Operating revenues decrease 7% year over year at JetBlue Airways (JBLU) in Q2.

JetBlue Airways (JBLU) Q2 Earnings & Sales Beat Estimates

NEW YORK--(BUSINESS WIRE)--JetBlue Airways (Nasdaq:JBLU) today announced the appointment of Jamie Perry as president of the airline's JetBlue Travel Products subsidiary. Perry will lead the growth of the JetBlue Vacations brand and other non-air travel products including Paisly, JetBlue's homegrown travel website that gives travelers access to exclusive savings and points on cars, stays, activities and travel bags. Perry will be based at JetBlue Travel Products' support center in Dania Beach, F.

Jamie Perry Named President of JetBlue Travel Products

JetBlue Airways said on Wednesday it agreed to procure sustainable aviation fuel (SAF) from a unit of U.S. refiner Valero Energy Corp , which would be distributed by energy firm World Kinect , for use in flights from New York's airport.

JetBlue to buy sustainable jet fuel for use at New York airport

JetBlue reported a profit in the June quarter despite pressure on domestic fares. The airline is focused on transforming its business following the termination of the merger with Spirit Airlines, with goals for an $800 to $900 million incremental EBIT uplift. The stock trades at ~2.5x just the incremental EBIT goal through 2027.

JetBlue: Jetting Forward

JetBlue is focusing on its East Coast leisure routes as it works to return to profitability. The airline released quarterly earnings Tuesday (July 30) showing a $25 million profit, and said it plans to emphasize flights in and out of New York, Puerto Rico and New England, where it is adding new routes from Manchester, N.H.

JetBlue Focuses on Leisure Routes on Road to Restore Profits

JetBlue Airways Corporation (JBLU) Q2 2024 Earnings Call Transcript

JetBlue Airways (JBLU) shares soared Tuesday after the carrier posted an unexpected profit as it cut some unprofitable routes and said it would delay jet purchases.

JetBlue Stock Takes Off After a Surprise Profit

JetBlue was expected to lose money in the second quarter -- but it earned a profit instead. Management has a plan that could lead to even more profits -- but it could be three years before it truly bears fruit.

News for JetBlue Airways Stock (JBLU)