JetBlue Earnings Reports

JetBlue reported a net loss of $208 million and an operating loss of $174 million for the first quarter of 2025. Total operating revenues were $2.14 billion. The company ended the quarter with $2.3 billion in cash and cash equivalents and is focused on executing its multi-year JetForward plan despite near-term revenue uncertainty.

JetBlue reported a net loss of $44 million for the fourth quarter of 2024, with operating revenue of $2.3 billion, a 2.1% decrease year-over-year. The company exceeded revenue and cost expectations and improved operational reliability.

JetBlue Airways Corporation reported its financial results for the third quarter of 2024, meeting or exceeding all financial targets and progressing on the implementation of the JetForward strategy. The company saw a double digit increase in customer satisfaction year-over-year and a positive year-over-year unit revenue performance.

JetBlue reported a net income of $25 million for Q2 2024, with operating revenue of $2.4 billion, a 6.9% decrease year-over-year. The company is implementing its JetForward strategy, targeting $800M - $900M of incremental EBIT in 2027.

JetBlue reported a net loss of $716 million, or $2.11 loss per share, for the first quarter of 2024. However, adjusted net loss, excluding special items, was $145 million, or $0.43 loss per share. The company's revenue was $2.2 billion, a 5.1% decrease year-over-year. JetBlue is focused on executing its refreshed standalone strategy to return to profitability.

JetBlue reported a net loss of $104 million for Q4 2023, but revenue and costs beat expectations. The company is implementing $300 million in revenue initiatives to return to profitability. They also reached an agreement to defer ~$2.5 billion of planned aircraft capital expenditures.

JetBlue reported a net loss of $153 million for Q3 2023, impacted by weather and rising fuel prices, while system capacity increased by 7.1% year-over-year. The company is focused on cost savings and expanding transatlantic service to drive future growth.

JetBlue reported a net income of $138 million, or $0.41 per share, for the second quarter of 2023. The results were underpinned by record quarterly revenues and strong operational performance.

JetBlue reported a net loss of $(192) million, or $(0.58) per share, for the first quarter of 2023. However, excluding one-time items, the adjusted net loss was $(111) million, or $(0.34) per share. The company's operating revenue reached $2.3 billion, a 34.1% increase year-over-year, marking the highest first quarter revenue in history.

JetBlue reported strong fourth quarter performance with record revenue and met its full-year cost target. The company is optimistic about building on this success in 2023 with a focus on strengthening operations and finances.

JetBlue reported GAAP diluted earnings per share of $0.18 and adjusted diluted earnings per share of $0.21 for the third quarter of 2022. The company reached an important milestone in its recovery by generating its first quarterly adjusted profit since the start of the pandemic.

JetBlue reported its Q2 2022 results, including a GAAP loss per share of ($0.58) and an adjusted loss per share of ($0.47). Revenue increased by 16.1% year over three. The company ended the quarter with approximately $2.6 billion in unrestricted cash, cash equivalents, and investments.

JetBlue's first quarter results showed a strong demand acceleration with revenue coming in ahead of expectations. The company is reducing capacity growth to restore operational reliability and is investing in improving operational performance. Despite the current operating and fuel environment, JetBlue is seeing underlying momentum on its path to transforming JetBlue’s structural profitability.

JetBlue Airways Corporation reported its Q4 2021 results, with a GAAP loss per share of ($0.40) and an adjusted loss per share of ($0.36). The company's revenue declined by 9.7% year over two, but was within the initial planning assumption range despite the impact from the Omicron wave.

JetBlue reported GAAP diluted earnings per share of $0.40 in Q3 2021. Revenue declined 5.5% year over two. The company ended the quarter with approximately $3.3 billion in unrestricted cash, cash equivalents and short-term investments.

JetBlue Airways Corporation reported GAAP diluted earnings per share of $0.20 for the second quarter of 2021. The company's revenue declined 29% year over two. They ended the quarter with approximately $3.7 billion in unrestricted cash, cash equivalents, and short-term investments.

JetBlue reported a GAAP loss per share of ($0.78) for Q1 2021, with revenue declining 61% compared to 2019 due to the impact of COVID-19. However, the decline was on the lower end of prior expectations, driven by sustained momentum in leisure travel bookings. The company reduced capacity by 41% and operating expenses by 43% year over two.

JetBlue reported a GAAP loss per share of ($1.34) for Q4 2020, compared to a diluted earnings per share of $0.56 in Q4 2019. Revenue declined 67% year over year due to the impact of COVID-19, but this was better than prior expectations. The airline ended the quarter with approximately $3.1 billion in unrestricted cash, cash equivalents, and short-term investments.

JetBlue Airways Corporation reported its Q3 2020 results, which were significantly impacted by the COVID-19 pandemic. The company reported a GAAP loss per share of ($1.44) and a GAAP pre-tax loss of ($578) million. Revenue declined 76% year over year, but the company managed to reduce operating expenses by 45%. JetBlue ended the quarter with approximately $3.1 billion in unrestricted cash, cash equivalents, and short-term investments.

JetBlue Airways Corporation reported its Q2 2020 results, which were significantly impacted by the COVID-19 pandemic. The company experienced a 90% decline in revenue year over year, but made progress in reducing cash burn and resizing operations. JetBlue is focused on reducing cash burn, rebuilding margins, and repairing the balance sheet to emerge stronger from the crisis.

JetBlue Airways Corporation reported its Q1 2020 results, which were negatively impacted by COVID-19. The company reported a GAAP loss per share of ($0.97). Total operating revenues were $1,588 million, a 15.1% decrease year over year. JetBlue is focused on preserving liquidity, reducing operating expenses, and managing capital expenditures.

JetBlue's fourth quarter 2019 earnings showed an increase in diluted earnings per share to $0.56, compared to $0.55 in Q4 2018. The company's GAAP pre-tax income also rose to $220 million, up from $201 million in the same quarter of the previous year. However, RASM decreased by 2.7% year over year, while CASM ex-fuel was flat.