United Kingdom
United States
Asia Pacific
JetBlue posts quarterly profit
JetBlue Airways posted its second quarter financial results showing net income of $25 million.
This came on revenue of $2.4 billion which is down 6% year over year.
Operating expenses per available seat mile increased 2.6% in the quarter.
JetBlue ended the quarter with $1.6 billion in liquidity, not including a $600 million credit facility.
“We closed the first half with meaningful year-over-year improvements in our operation and exceeded our second quarter guidance,” said Joanna Geraghty, JetBlue’s chief executive officer.
“We are reliability and doubling down on our commitment to improve customer satisfaction.”
The airline is reinvesting to maintain its position as a major player for leisure flights out of the East Coast.”
“We are actively reinvesting in our core geographies in New York, New England, Florida and Puerto Rico, while exiting routes and BlueCities that don’t meet our financial hurdle rate,” added Marty St. George, JetBlue’s president.
Related News Stories: Viking plans US IPO
Related News Stories: Quarterly Results - JetBlue Airways Corporation - Financials JetBlue Posts Surprise Profit as New Strategy Starts to Pay Off JetBlue posts surprise profit, delays aircraft deliveries | Reuters JetBlue posts quarterly loss but forecasts profit thanks to strong ... JetBlue introducing New York JFK, Boston airport lounges JetBlue posts a surprise Q2 profit and will delay new planes to cut ... JetBlue Lifts Revenue Outlook on Post-Election Travel Bump JetBlue Announces Second Quarter 2024 Results JetBlue posts a surprise Q2 profit, will delay new planes to cut costs ... Spirit Stock Rises After Airline Posts Earnings, Says It Plans to Close ...
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Mark Jaronski of Explore Georgia on FIFA World Cup 2026
Connecting Small Businesses to Global Tourism Markets: Nate Huff of Tourism Exchange
North Carolina’s Resilience: Wit Tuttell on Recovery and Tourism
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Unexpected wave rocks cruise ship
Woman dies after going overboard in English Channel
Foreign Office issues travel advisory for winter sun destinations