Earnings summaries and quarterly performance for JETBLUE AIRWAYS.
Executive leadership at JETBLUE AIRWAYS.
Joanna Geraghty
Detailed
Chief Executive Officer
CEO
Carol Clements
Detailed
Chief Digital and Technology Officer
Dawn Southerton
Detailed
Vice President, Controller and Principal Accounting Officer
Eileen McCarthy
Detailed
General Counsel and Corporate Secretary
Marty St. George
Detailed
President
Ursula Hurley
Detailed
Chief Financial Officer
Warren Christie
Detailed
Chief Operating Officer
Board of directors at JETBLUE AIRWAYS.
Ellen Jewett
Detailed
Director
Jesse Lynn
Detailed
Director
Monte Ford
Detailed
Director
Nik Mittal
Detailed
Director
Peter Boneparth
Detailed
Independent Board Chair
Robert Leduc
Detailed
Director
Sarah Robb O’Hagan
Detailed
Director
Sean Menke
Detailed
Director
Steven Miller
Detailed
Director
Teri McClure
Detailed
Director
Thomas Winkelmann
Detailed
Director
Vivek Sharma
Detailed
Director
Research analysts who have asked questions during JETBLUE AIRWAYS earnings calls.
Jamie Baker
JPMorgan Chase & Co.
5 questions for JBLU
Also covers: AAL, AER, AL +6 more
Catherine O'Brien
Goldman Sachs
4 questions for JBLU
Also covers: AAL, AER, AL +7 more
Daniel McKenzie
Seaport Global Securities
4 questions for JBLU
Also covers: AAL, ALGT, ALK +4 more
Duane Pfennigwerth
Evercore ISI
4 questions for JBLU
Also covers: AAL, ALGT, ALK +18 more
Ravi Shanker
Morgan Stanley
4 questions for JBLU
Also covers: AAL, ALGT, ALK +27 more
Savanthi Syth
Raymond James
4 questions for JBLU
Also covers: AAL, ACHR, ALGT +15 more
Scott Group
Wolfe Research
4 questions for JBLU
Also covers: AAL, ALGT, ALK +35 more
Thomas Fitzgerald
TD Cowen
4 questions for JBLU
Also covers: AAL, ALGT, ALK +8 more
Conor Cunningham
Melius Research
3 questions for JBLU
Also covers: AAL, ABNB, ALGT +16 more
Michael Linenberg
Deutsche Bank
3 questions for JBLU
Also covers: AAL, ALGT, ALK +12 more
Stephen Trent
Citigroup Inc.
3 questions for JBLU
Also covers: AAL, AER, AL +14 more
Andrew Didora
Bank of America
2 questions for JBLU
Also covers: AAL, ALGT, ALK +8 more
Atul Maheswari
UBS Group
2 questions for JBLU
Also covers: AAL, ALGT, ULCC
Brandon Oglenski
Barclays
2 questions for JBLU
Also covers: AAL, ALGT, ALK +20 more
Brandon Oglendski
Barclays PLC
1 question for JBLU
Dan McKenzie
Seaport Global
1 question for JBLU
Also covers: AAL, SAVE
Duane Fenningworth
Evercore Inc.
1 question for JBLU
Savi Syth
Raymond James
1 question for JBLU
Also covers: JOBY, LUV, MESA +2 more
Shannon Doherty
Deutsche Bank
1 question for JBLU
Also covers: AAL, ALK, DAL +3 more
Thomas Wadewitz
UBS
1 question for JBLU
Also covers: ALK, ARCB, CHRW +20 more
Tom Fitzgerald
TD Cowen
1 question for JBLU
Also covers: CPA, UAL, ULCC
Tom Wadewitz
UBS Group
1 question for JBLU
Also covers: ARCB, CHRW, CNI +19 more
Recent press releases and 8-K filings for JBLU.
JetBlue Provides Q4 2025 Operational and Financial Update
JBLU
Guidance Update
- JetBlue Airways Corporation provided an operational and financial update regarding its expected fourth quarter 2025 results.
- Demand remained healthy during the fourth quarter, with bookings trending in-line with expectations, except for a limited period affected by a government shutdown.
- Operational performance in Q4 2025 was impacted by Hurricane Melissa and shutdown-related cancellations, resulting in an approximately one point reduction to available seat mile (ASM) growth and a one-point impact on non-fuel unit cost growth.
- An FAA emergency airworthiness directive issued on November 28th, 2025, also reduced Q4 ASM growth by approximately 0.25%, with the Company still evaluating its potential financial impact.
4 days ago
Global Crossing Airlines Group, Inc. Reports Q3 2025 Financial Results
JBLU
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Global Crossing Airlines Group, Inc. (GlobalX) reported a 11% increase in revenue to $58.0 million and a 22% increase in EBITDAR to $18.9 million for the third quarter ended September 30, 2025, compared to the prior-year period.
- The company's net loss improved to $(2.0) million, or $(0.03) per basic and diluted share, in Q3 2025, compared to a net loss of $(4.9) million, or $(0.08) per share, in Q3 2024.
- Despite achieving record aircraft utilization, GlobalX lost approximately 500 block hours to unscheduled maintenance, impacting profitability. In response, the company has overhauled leadership, redesigned processes, and reduced over $5 million in annualized office and operating costs.
- GlobalX is expanding its fleet, having taken delivery of the first of four leased A319s and its first purchased A320, both expected in revenue service in December 2025, and secured a strategic ACMI agreement with Sunrise Airways for two A320 aircraft starting in November 2025.
Nov 5, 2025, 9:05 PM
JetBlue Reports Q3 2025 Results and Updates Full-Year Guidance
JBLU
Earnings
Guidance Update
New Projects/Investments
- JetBlue's Q3 2025 performance met or exceeded guidance midpoints, with CASM ex-fuel up 3.7% year-over-year (YoY) and RASM down 2.7% YoY.
- For Q4 2025, the company expects ASMs to grow between (0.75%) and 2.25% YoY, RASM to be between (4.0%) and 0.0% YoY, and CASM ex-Fuel to increase between 3.0% and 5.0% YoY.
- Full-year 2025 guidance for ASMs and CASM ex-Fuel was improved, with ASMs expected between (2.0%) and 0.0% YoY and CASM ex-Fuel between 5.0% and 6.0% YoY.
- Capital expenditures are projected to be ~$1.1 billion for FY 2025, with a significant reduction anticipated to trend at or below $1 billion annually starting in 2026 and through the end of the decade.
- The company is making progress on its JetForward initiatives, including Fort Lauderdale expansion and the Blue Sky collaboration with United Airlines, which is expected to deliver significant value into 2026.
Oct 28, 2025, 2:00 PM
JetBlue Airways Reports Strong Q3 2025 Results, Targets 2026 Break-Even Operating Margin
JBLU
Earnings
Guidance Update
New Projects/Investments
- JetBlue Airways reported Q3 2025 results at the better end of guidance ranges across all metrics, including unit revenues and costs, achieving meaningful margin improvement. The "Jet Forward" plan is on track to generate a cumulative $290 million of incremental EBIT this year and is confident in meeting its $850 to $950 million commitment for 2027.
- For 2026, the company aims for low single-digit unit costs and intends to build a plan for a break-even or better operating margin. This will be supported by capacity growth from new aircraft deliveries and the return of grounded aircraft, with capital expenditures expected to be at or below $1 billion annually through the end of the decade.
- Key initiatives include the "Blue Sky" collaboration with United Airlines, which enabled point accrual and redemption in Q3 2025, with interline sales and reciprocal loyalty launching in 2026. The company is also launching domestic first class in 2026 and opening its first airport lounge at JFK by the end of this year, with a Boston lounge in 2026, all part of a strategy to lean into the premium customer segment.
- JetBlue ended Q3 2025 with $2.9 billion in cash and marketable investments, exceeding its 20% liquidity target. A modest capital raise is anticipated in 2026 to support new aircraft deliveries and the maturity of $325 million in convertible notes.
Oct 28, 2025, 2:00 PM
JetBlue Reports Strong Q3 2025 Results and Outlines 2026 Outlook
JBLU
Earnings
Guidance Update
New Projects/Investments
- JetBlue reported strong Q3 2025 results, exceeding guidance across all metrics, including a 3-point improvement in operating margin compared to July guidance. The company is on track to achieve $290 million of incremental EBIT by year-end 2025 and $850 to $950 million by 2027 from its Jet Forward plan.
- For 2026, JetBlue projects low single-digit unit costs and low to mid-single-digit capacity growth, aiming for a break-even or better operating margin. Annual capital expenditures are expected to remain at or below $1 billion through the end of the decade.
- Key strategic initiatives include reestablishing JetBlue as the largest carrier in Fort Lauderdale with a 35% year-over-year capacity increase for the IATA winter season, and the Blue Sky partnership with United Airlines, which has enabled loyalty point accrual and redemption.
- The company maintains a healthy liquidity of $2.9 billion as of Q3 2025 and anticipates a modest capital raise in 2026 to manage new aircraft deliveries and a $325 million convertible note maturity. Grounded aircraft due to GTF engine issues have decreased to six currently, with projections of low to mid-single digits for 2026.
Oct 28, 2025, 2:00 PM
JetBlue Airways Reports Q3 2025 Results and Provides 2026 Outlook
JBLU
Earnings
Guidance Update
New Projects/Investments
- JetBlue Airways reported Q3 2025 results at the better end of its guidance ranges, with unit revenues down 2.7% year-over-year and CASM ex-fuel up 3.7% year-over-year, contributing to meaningful margin improvement.
- For Q4 2025, the company anticipates unit revenues to be between flat and down 4% year-over-year and CASM ex-fuel growth of 3% to 5%.
- The JetForward plan is on track to deliver $290 million of incremental EBIT in 2025 and an estimated $850 million-$950 million by 2027.
- Looking to 2026, JetBlue aims to achieve a break-even or better operating margin, with unit costs projected to be in the low single digits and capacity growth in the low to mid-single digits. Key initiatives like the Blue Sky collaboration, domestic first class launch, and new airport lounges are expected to drive earnings momentum.
Oct 28, 2025, 2:00 PM
JetBlue Airways Reports Q3 2025 Financial Results
JBLU
Earnings
Profit Warning
Guidance Update
- JetBlue Airways reported a net loss of $143 million, or $0.39 per share, for the third quarter of 2025, which was larger than the previous year's loss but better than analysts' expectation of a $0.42 per share loss.
- The airline's revenue declined by 1.8% year-over-year to $2.3 billion, slightly missing analyst estimates, primarily due to a 2.9% drop in passenger revenue.
- The JetForward strategy is targeting $290 million in incremental EBIT by year-end, with $90 million achieved in the first half of 2025.
- Operating expenses per available seat mile, excluding fuel, rose by 3.7% year-over-year in Q3 2025.
- JetBlue's stock has fallen about 40% year-to-date, with analysts maintaining a Hold rating and a $5.00 price target.
Oct 28, 2025, 11:35 AM
JetBlue Announces Third Quarter 2025 Results and Provides Outlook
JBLU
Earnings
Guidance Update
New Projects/Investments
- JetBlue reported Q3 2025 operating revenue of $2.3 billion, a 1.8% decrease year-over-year, resulting in a net loss of $(143) million and basic loss per common share of $(0.39). These results were at the better end of guidance ranges.
- The company's JetForward strategy is progressing towards delivering $290 million of incremental EBIT by year-end 2025, with $180 million in cumulative gains achieved so far. Additionally, JetBlue is expanding its presence in Fort Lauderdale, planning 17 new routes and increased frequencies in 2025, projecting a 35% year-over-year increase in its schedule.
- For Q4 2025, JetBlue forecasts Available Seat Miles (ASMs) Year-Over-Year between (0.75%) and 2.25%, Revenue per Available Seat Mile (RASM) Year-Over-Year between (4.0%) and 0.0%, and CASM Ex-Fuel Year-Over-Year between 3.0% and 5.0%. Full-year 2025 Capital Expenditures are estimated at ~$1.1 billion.
- As of September 30, 2025, JetBlue's operating fleet comprised 283 Airbus aircraft after the retirement of its Embraer E190 fleet. The company also reported a strong liquidity position of $2.9 billion, excluding its $600 million revolving credit facility.
Oct 28, 2025, 11:02 AM
Spirit Airlines Plans Furloughs Amid Second Bankruptcy
JBLU
Layoffs
Demand Weakening
M&A
- Spirit Airlines is currently in its second bankruptcy within a year and plans to furlough approximately 1,800 flight attendants, which is about one-third of its cabin crew.
- The airline is reducing its flight capacity by 25% year-over-year starting November and has already pulled out of 11 U.S. cities as part of a necessary rightsizing effort to stabilize its finances.
- These financial struggles have been exacerbated by a blocked merger with JetBlue, and Spirit's management is seeking $100 million in cost cuts from its pilots.
- Union representatives have warned that the ongoing bankruptcy process will likely lead to contract changes and cost-cutting demands on pilots and flight attendants.
Sep 22, 2025, 4:51 PM
JetBlue Airways Provides Q3 2025 Guidance Update and Strategic Initiative Progress
JBLU
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- JetBlue tightened its capacity range, improved the midpoint of its revenue guide by 1.25 points, and improved the midpoint of its controllable cost guide for Q3 2025, noting the quarter is performing very well.
- The JetBlue Airways program has achieved $180 million in EBIT contribution since its launch in July 2024, with a goal of $850 million to $950 million in EBIT by the end of 2027. The company hopes to achieve $290 million by the end of 2025.
- Operational reliability has significantly improved, leading to JetBlue being recognized as the "most improved" airline in Wall Street Journal rankings and a double-digit increase in customer Net Promoter Score in the first half of 2025.
- The company is making a significant strategic bet on Fort Lauderdale, planning its biggest schedule ever this winter with 113 flights a day to 49 cities, leveraging newly available gate capacity.
- JetBlue anticipates material improvement in GTF engine issues, with average aircraft on ground (AOGs) expected to be less than 10 throughout 2025 (the peak year), and full resolution by the end of 2027, which will enable growth in 2026.
Sep 11, 2025, 8:05 PM
Quarterly earnings call transcripts for JETBLUE AIRWAYS.
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