JetBlue Airways Issues Q1 & FY24 Guidance; Evaluating Deeper Cuts To Controllable Costs

From RTTNews:

JetBlue Airways Corporation anticipates a 9.0% – 5.0% decline in revenue for the first quarter, with capacity expected to decline by 6.0% – 3.0% year-over-year. The company targets flat revenue and low single-digit AMS decline for fiscal 2024. Fourth quarter net loss was $104 million, with operating revenue down 3.7% to $2.3 billion.Business News



Read more: JetBlue Airways Issues Q1 & FY24 Guidance; Evaluating Deeper Cuts To Controllable Costs