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JetBlue Airways withdrew its full-year guidance and expects soft demand to continue into the second quarter.
JetBlue Airways withdrew its full-year guidance and expects soft demand to continue into the second quarter.
NEW YORK--(BUSINESS WIRE)--JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for the first quarter of 2025. "During the first quarter, we delivered a strong operation and efficiently executed on costs. JetForward is ramping well, and we are focused on successfully managing what we can control," said Joanna Geraghty, JetBlue's chief executive officer. "We also acted urgently to manage near-term revenue uncertainty. We were the first carrier to make meaningful capaci.
American Airlines is suing JetBlue Airways to recover money owed after partnership talks with the carrier ended over business differences, potentially clearing the runway for its rivals to pursue alliances with JetBlue.
American Airlines said on Monday it has ended partnership talks with JetBlue over disagreements and has sued the carrier to recover money owed to it following the unwinding of the Northeast Alliance.
The odds are stacked against the low-cost carrier ahead of its earnings Tuesday. But the volatile stock could get help from elsewhere.
Major carriers are turning to off-peak fare sales and cutting excess capacity in the second half of the year. Airfare dropped in March, according to the latest inflation read.
Airline passengers around the globe spend $33 billion on baggage fees — and now Southwest plans to start charging for the first time.
Airline stocks are in focus today, after sector stalwarts American Airlines Group Inc (NASDAQ:AAL) and Southwest Airlines (NYSE:LUV) stepped into the earnings confessional.
The flight path for U.S. airline stocks is very much up in the air.