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Jetblue Airways Corp  (JBLU)
Other Ticker:  
 
    Sector  Transportation    Industry Airline
   Industry Airline
   Sector  Transportation
 
Price: $6.9400 $-0.10 -1.420%
Day's High: $7.05 Week Perf: -0.14 %
Day's Low: $ 6.85 30 Day Perf: -3.07 %
Volume (M): 17,109 52 Wk High: $ 9.45
Volume (M$): $ 118,734 52 Wk Avg: $6.18
Open: $7.04 52 Wk Low: $3.42



 Market Capitalization (Millions $) 2,313
 Shares Outstanding (Millions) 333
 Employees 15,500
 Revenues (TTM) (Millions $) 9,615
 Net Income (TTM) (Millions $) -310
 Cash Flow (TTM) (Millions $) 129
 Capital Exp. (TTM) (Millions $) 1,128

Jetblue Airways Corp

JetBlue Airways Corporation, or JetBlue, is New Yorks Hometown Airline™. JetBlue carried over 32 million passengers with an average of 825 daily flights and served 87 destinations in the United States, the Caribbean and Latin America.

JetBlue was incorporated in Delaware in August 1998, commenced service on February 11, 2000, and had grown to become the fifth largest passenger carrier in the U.S. based on available seat miles, or ASMs, as reported by these passenger airlines. We believe our differentiated product and culture combined with our competitive cost structure enables us to compete fiercely in the high-value geography we serve. Looking to the future, we plan to continue to grow in our high-value geography, invest in industry leading products and provide award winning service by our 15,500 dedicated employees, whom we refer to as Crewmembers. Going forward we believe we will continue to differentiate ourselves from the other airlines, enabling us to continue to attract a greater mix of customers and to allocate further profitable growth across our network. We are focused on driving to deliver solid results for our shareholders, our customers and our Crewmembers.

We offer our customers a distinctive flying experience which we refer to as the “JetBlue Experience”. We believe we deliver award winning service that focuses on the customer experience from booking their itinerary to arrival at their final destination. Typically, our customers are neither high-traffic business travelers nor ultra-price sensitive travelers. Rather, we believe we are the carrier of choice for the majority of travelers who have been underserved by other airlines as we offer differentiated product and award winning customer service.

Delivering the JetBlue Experience to our customers through our differentiated product and culture is core to our mission to inspire humanity. We look to attract new customers to our brand and provide current customers reasons to come back to us by continuing to innovate our customer experience. We believe that we can adapt to the changing needs of our customers and a key element of our success is the belief that competitive fares and quality air travel need not be mutually exclusive.
Our award winning service begins from the moment our customers purchase a ticket from one of our distribution channels such as www.jetblue.com, our mobile applications or our reservations centers. In the first half of 2015, we are anticipating the role out of our new pricing model, Fare Families. Customers will be presented with a choice of fare options, with all fares including our core offering of free in-flight entertainment, free brand name snacks and free non-alcoholic beverages. Customers can choose to “buy up” to an option with additional offerings. We believe this system will allow customers to select the products or services they need or value the most when they travel, without paying for the things they don’t need or value.


Upon arrival at the airport our customers are welcomed by our dedicated Crewmembers and are able choose to purchase one of our ancillary options such as Even More™ Speed, which allows them to enjoy an expedited security experience in most domestic JetBlue locations.


Once onboard our aircraft, customers enjoy seats in a comfortable layout and the most legroom in the main cabin of all U.S. airlines, based on average fleet-wide seat pitch. Our Even More™ Space seats are available for purchase across our fleet, giving customers the opportunity to enjoy additional legroom. Customers on certain transcontinental flights have the option to purchase our premium service, Mint™, which has 16 fully lie-flat seats, including four that are in suites with privacy doors.


Our in-flight entertainment system onboard our Airbus A320 and EMBRAER 190 aircraft includes 36 channels of free DIRECTV®, 100 channels of free SiriusXM® satellite radio and premium movie channel offerings from JetBlue Features®, our source of first run films. Customers on our Airbus A321 aircraft have access to 100 channels of DIRECTV® and 100+ channels of SiriusXM® radio. Our Mint™ customers enjoy 15-inch flat screen televisions to experience our in-flight entertainment offerings. In December 2013, we began to retrofit our Airbus fleet with Fly-Fi™, a broadband product, with connectivity that is significantly faster than competing KU-band satellites and older ground to air technology. Current partners include Coursera, FOX, HarperCollins Publishers, National Geographic, Rouxbe and Time Inc.

We are a predominately point-to-point system carrier, with the majority of our routes touching at least one of our six focus cities of New York, Boston, Fort Lauderdale-Hollywood, Orlando, Long Beach and San Juan, Puerto Rico.

We strengthened the relationship with one of our existing partners, El Al Airlines, to include code-sharing. Code-sharing is a practice in which one airline places its name and flight number on flights operated by another airline. In 2015, we expect to continue to seek additional strategic opportunities through new commercial partners as well as assess ways to deepen select current airline partnerships. We plan do this by expanding code-share relationships and other areas of cooperation such as frequent flyer programs. We believe these commercial partnerships allow us to leverage our strong network and drive incremental traffic and revenue while improving off-peak travel.



   Company Address: 27-01 Queens Plaza North Long Island City 11101 NY
   Company Phone Number: 286-7900   Stock Exchange / Ticker: NASDAQ JBLU
   


Customers Net Income fell by JBLU's Customers Net Profit Margin fell to

-52.62 %

4.23 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AAL        1.07% 
DAL        1.59% 
HA   -1.38%    
LTM   -1.38%    
LUV   -2.61%    
SAVE   -6.96%    
• View Complete Report
   



Business Update

JetBlue and Spirit Terminate Merger Agreement: Unraveling the Implications for Corporate Customers and Industry Growth

Published Mon, Mar 4 2024 1:30 PM UTC

JetBlue recently announced the termination of its merger agreement with Spirit Airlines, citing the unlikelihood of meeting the required closing conditions and necessary legal and regulatory approvals. Both companies agreed that this was the best path forward for their respective businesses. Meanwhile, JetBlue Airways' corporate customers have experienced a 1.29% increase in...

Contract

JetBlue Addresses Revenue Challenges and Bolsters Leadership with New Directors

Published Fri, Feb 16 2024 10:00 PM UTC

JetBlue, one of the leading airlines in the industry, recently announced the addition of two new independent directors to its board. Under an agreement with major shareholder Icahn Enterprises L.P., Jesse Lynn, general counsel of Icahn Enterprises, and Steven Miller, portfolio manager of Icahn Capital, will join JetBlue's board as non-voting observers initially and become fu...

Dividend

JetBlue Announces Record Date for Prepayment to Spirit Airlines Shareholders

Published Tue, Feb 13 2024 2:00 PM UTC


In a recent press release, JetBlue Airways Corporation (NASDAQ: JBLU) announced that it has set February 23, 2024, as the record date for the February 2024 prepayment to Spirit Airlines, Inc. (NYSE: SAVE) shareholders of $0.10 per Spirit share. This prepayment, known as the February 2024 Additional Prepayment, is part of the Agreement and Plan of Merger between JetBlue,...

Jetblue Airways Corp

Headline: JetBlue Airways Corp experiences minor reduction in revenue amid fourth quarter of 2023 earnings season



JetBlue Airways Corporation recently released its financial results for the fourth quarter of 2023, revealing lower revenue and significant losses. As the company grapples with declining stock performance and concerns among investors, it is crucial to explore the implications of these results on the airline's future prospects.
Lower Revenue and Increased Losses:
In the fourth quarter of 2023, JetBlue Airways reported a revenue decrease of -3.768%, amounting to $2.32 billion. This decline, in contrast to the 7.69% top-line rise in the overall airline industry during the same period, is a cause for concern. The loss per share stood at $-0.30, compared to $0.07 in the corresponding period of the previous year. Consequently, the company recorded a net loss of $-103.000 million instead of earnings of $24.000 million generated in the previous reporting period.

Management Changes

JetBlue Appoints Warren Christie as Chief Operating Officer Amidst Company Challenges

Published Mon, Jan 29 2024 9:30 PM UTC



In a recent announcement, JetBlue Airways revealed the promotion of Warren Christie as its new Chief Operating Officer, effective February 12, 2024. Christie's appointment comes in parallel with the company's current President and COO, Joanna Geraghty, transitioning to the role of Chief Executive Officer. Together, they will play crucial roles in leading JetBlue's ...






 

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Jetblue Airways does not provide revenue guidance.

Earnings Outlook
Jetblue Airways Corp does not provide earnings estimates.

 
Geographic Revenue Dispersion




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