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Jetblue shares fall 25% after a disappointing look


Jetblue Airways plane is preparing to take off from Fort Lauderdale-Hollywood International Airport 31. January 2024. At Fort Lauderdale, Florida.

Joe Radle | Getty Images

Jetblue Airways The shares crashed on Tuesday after the financial chances of the carrier were disappointed by investors.

The New York Air Force Company forecasts its unit costs, excluding fuel, will increase this year by as much as 7% compared to 2024. In the first quarter, he said he expects this metric to increase by as much as 10% in this quarter-year.

It was estimated that the income could become up to 0.5% lower to as much as 3.5% higher in this quarter during 2024. Bigger competitors Delta and United predict greater revenue growth, a sign of a stronger Power of airlines.

The carrier expects that his income of 2025 will increase between 3% and 6% to a flat capacity.

Jetblue is in the middle of the plan to reduce costs by removing non -profit routes, disposing of new aircraft and increasing revenue with multiple seats price. CNBC reported on Friday that Jetblue offered senior Pilots voluntary packets for an early retirement.

Jetblue lost two antitrust cases that blocked two growth strategies. In 2024. The federal judge blocked Jetblue’s planned acquisition of Spirit Airlines, which in November filed for bankruptcy protection, and 2023, Jetblue lost the case over his regional partnership with American Airlines.



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