Fourth-quarter results from JetBlue Airways (NASDAQ: JBLU) were actually better than Wall Street had feared, but you would never know it from the stock's reaction. Shares of JetBlue traded down 22% for the week as of 1 p.
The stowaways found dead in the wheel well of a JetBlue plane in Florida earlier this month have been identified as two teenagers traveling from the Dominican Republic, according to a report Thursday.
JetBlue is the first airline to accept payments from the peer-to-peer payment app, which is owned by PayPal. Like Apple Pay, Google Pay, or PayPal itself, Venmo lets you complete a transaction without having to dig out your credit card or input your financial details into the website.
The airline is in the middle of a plan to reduce costs by culling unprofitable routes and drumming up revenue with higher-priced seats.
Are you planning a getaway? JetBlue has announced a new winter sale featuring flights out of Boston for as low as $49.
"We're continually looking for ways to make it easier to book a JetBlue flight on our website and mobile app."
JetBlue said it was expecting a weaker first-quarter while executives said they believed the carrier’s turnaround plan would eventually deliver long-term profitability.
Shares of JetBlue tumbled Tuesday morning after the airline's downbeat outlook for the first quarter and upcoming fiscal year overshadowed a better fourth quarter than analysts had expected.
"We're continually looking for ways to make it easier to book a JetBlue flight on our website and mobile app."
JetBlue Airways (JBLU) shares sank about 20% Tuesday morning after warning of rising costs that could weigh on its 2025 performance.
JetBlue’s earnings results for the last quarter were better than analysts’ expectations to lose $0.29 per share. The company did miss its revenue target as year-over-year sales dropped by -2.1%. This marks five out of six quarters of declining revenue as JetBlue focuses on a balance sheet turnaround.