HomeTagsJetBlue

Tag: JetBlue

JetBlue Lifts Predictions for Q3 Revenue After a Strong Summer Demand

JetBlue Airways expects strong demand for flights this summer to strongly reflect on its revenue in the third quarter, according to a recent regulatory filing. The company lifted its prediction for Q3 revenue on Thursday and now forecasts between a 2.5% decline to a 1%...

JetBlue Stock Jumps 21% After a Better-Than-Expected Q2 Earnings

JetBlue Airways shared better-than-expected second-quarter earnings that saw the airliner recording a surprise profit. Its shares jumped more than 21% as a result. JetBlue reported a profit of $25 million in Q2, while Wall Street analysts expected the airliner to record a loss. It also...

JetBlue Stock Jumps Following Adjusted Forecast

JetBlue Airways shares jumped by 7% in premarket trading on Thursday after the U.S. airline narrowed its annual adjusted loss forecast. With a previous forecast of a per-share adjusted loss of 65 cents to 45 cents for 2023, the airline now expects a per-share...

JetBlue Cuts Profit Forecast After American Airlines Deal Ends

JetBlue Airways Corp reduced its full-year profit forecast on Tuesday after its revenue-sharing deal with American Airlines came to an end. Shares in the airline plunged by 8% during premarket trading. With JetBlue in the process of acquiring Spirit Airlines, this low-cost airline and American...

The Possible Effects of JetBlue Buying Spirit

For those who are a bit out of the aviation loop, JetBlue recently acquired budget adversary Spirit Airlines. This looks to be a successful merger for the most part—but if you ask Frontier Airlines CEO Barry Biffle, he believes the collaboration could actually do...

JetBlue Makes Last-Minute Improved Offer for Spirit Airlines

JetBlue Airways still hasn't given up on attempts to take over competitor Spirit Airlines. After their initial offer fell short, JetBlue made an improved offer on Monday and is now willing to pay $31.50 per share. The new terms would see shareholders getting $31.50 in...