Particle.news
Download on the App Store
10 ARTICLES
·
3mo ago

JetBlue Cuts Flights and Delays Jet Refits as Break-Even Goal Slips

CEO Joanna Geraghty said softer bookings will force network cuts, prolonging JetBlue’s reliance on borrowed cash.

This photograph shows a Jetblue aircraft at the ParisLe Bourget Airport, in Le Bourget, suburb of Paris on June 17, 2025.
The JetBlue Airways logo is seen on a revolving door entering John F. Kennedy Airport in the Queens borough of New York U.S., January 24, 2017. REUTERS/Shannon Stapleton/File Photo
Image
JetBlue Airways will end service at several cities and reduce flying out of Los Angeles in a move to retrench and focus on stronger markets after years of losing money. (AP Photo/Seth Wenig, File)

Overview

  • Geraghty warned that break-even operating margins in 2025 are now unlikely, extending the timeline for JetBlue’s return to profitability.
  • The airline will axe additional off-peak flights and underperforming routes and park four older Airbus A320 jets after pausing their interior upgrades.
  • Management is reviewing hiring plans, consolidating leadership roles and tightening travel and expense policies to slash overhead.
  • May airfare fell 7.3% from last year, reflecting a broader slump in U.S. travel demand that is pressuring carriers’ revenue.
  • JetBlue is still moving forward with a reciprocal booking partnership with United Airlines and plans to roll out domestic first-class seats and airport lounges.