Jetblue Awys Corp Stock Price, News & Analysis

JetBlue (NASDAQ: JBLU) and TAP Air Portugal have expanded their partnership to include reciprocal loyalty benefits, allowing members of both airlines' loyalty programs to earn and redeem points across either network. This marks the first time JetBlue TrueBlue members can redeem points for flights with a European airline partner.

The enhanced partnership enables TrueBlue members to earn and redeem points for destinations like Lisbon and Porto in Portugal, as well as locations in Africa through TAP's international network. This development coincides with JetBlue's European expansion, which includes new daily nonstop summer seasonal service from Boston to Madrid and Edinburgh.

JetBlue (JBLU) has launched its first-ever premium credit card, the JetBlue Premier World Elite Mastercard®, issued by Barclays US Consumer Bank. The card comes with a $499 annual fee and offers premium benefits including lounge access, priority boarding, and free checked bags.

New cardmembers can earn 70,000 TrueBlue points and 5 tiles toward Mosaic qualification after spending $5,000 in the first three months. The card offers 6x points on JetBlue and Paisly purchases, 2x points on restaurants and grocery stores, and 1x points on other purchases. Additional benefits include up to $300 in annual Paisly statement credits, Global Entry/TSA PreCheck fee credits, and access to Priority Pass lounges.

The Premier Card joins JetBlue's existing credit card portfolio, which includes the JetBlue Card, JetBlue Plus Card, and JetBlue Business Card.

JetBlue Airways (NASDAQ: JBLU) reported its Q4 2024 financial results, showing a net loss of $44 million ($0.13 per share) under GAAP, and $72 million ($0.21 per share) excluding special items. The company achieved a Q4 operating margin of 0.7% and adjusted operating margin of 0.8%.

Operating revenue was $2.3 billion, down 2.1% year-over-year, with capacity decreased by 5.1%. The company's JetForward initiatives delivered $395 million in revenue benefits, exceeding their $300 million target by $95 million. Operating expenses per available seat mile decreased 0.4% year-over-year.

Looking ahead to 2025, JetBlue expects flat capacity growth, RASM growth of 3.0-6.0%, and projects achieving a positive adjusted operating margin of 0.0-1.0%. The company ended Q4 with $3.9 billion in unrestricted cash and investments.

JetBlue (NASDAQ: JBLU) has announced special -time nonstop flights to New Orleans for the upcoming big game in February 2025. The airline will operate additional flights from Newark (EWR) and New York's JFK Airport to New Orleans (MSY), catering to football fans attending the event.

The schedule includes multiple flights on February 7-8, 2025, from both airports to New Orleans, with return flights scheduled for February 10, 2025. As New York's Hometown Airline®, JetBlue is enhancing its service to accommodate the increased demand during the sporting event. Passengers will have access to seatback entertainment, free unlimited Fly-Fi, and in-flight refreshments during their journey.

JetBlue (NASDAQ:JBLU) has launched new service from Manchester-Boston Regional Airport (MHT), expanding its New England presence to its tenth airport in the region. The airline now offers daily year-round flights to Orlando International Airport (MCO), three times weekly seasonal service to Fort Myers (RSW), and starting tomorrow, four times weekly winter service to Fort Lauderdale (FLL).

The new routes will operate on JetBlue's A320 aircraft, featuring complimentary Fly-Fi, snacks, drinks, and seatback entertainment. To celebrate the launch, JetBlue is offering special $59 one-way fares for these routes, available exclusively on jetblue.com.

Manchester, New Hampshire's largest city, is located less than 20 miles from the state capital and under 50 miles from Boston, providing convenient access to various New England attractions and expanding JetBlue's Florida service options for New England travelers.

JetBlue (JBLU) has announced the launch of EvenMore, its new premium travel experience, available for booking starting January 28. The service enhances the airline's existing Even More Space offering with additional premium features including dedicated overhead bin space, complimentary alcoholic beverages, and Tiny Tate's Chocolate Chip Cookies.

EvenMore seats will be located at the front of each aircraft or behind Mint seats, offering extra legroom, priority security access, early boarding, and complimentary headphones. Current Even More Space seats in mid-aircraft and exit rows will be reclassified as 'extra legroom' seats.

For TrueBlue Mosaic members, EvenMore will be included in their 2025 Signature Perks, with varying access levels based on membership tier. Mosaic 1 members can book at check-in, while Mosaic 2, 3, and 4 members can select EvenMore at booking without additional charges.

JetBlue (JBLU) has become the first airline to accept Venmo as a payment option for flight bookings on jetblue.com, with mobile app integration coming in the following months. U.S. customers can now use their Venmo balance, linked bank accounts, debit cards, or credit cards to purchase flights directly through JetBlue's platforms.

This integration is part of JetBlue's broader initiative to enhance digital booking experience. The airline recently updated its mobile app in September 2024 with new features including boarding countdown on phone lock screens and improved gate information access.

Customers booking directly through JetBlue's platforms receive exclusive benefits including access to the lowest fares, fare sales and promotions, 2x TrueBlue points, Points Pooling, seat selection options, and 24/7 customer service access.

JetBlue (JBLU) has announced significant network expansion for summer 2025, introducing new routes and destinations as part of its JetForward strategy to build the best East Coast leisure network. The airline will add five new destinations, including its first-ever flights to Halifax, Nova Scotia and San Pedro Sula, Honduras.

From Boston Logan International Airport, JetBlue will offer 77 nonstop destinations, more than any other carrier, including new routes to Wilmington, Norfolk, Islip, Madrid, Edinburgh, Traverse City, and Halifax. The airline is also expanding its New England presence with new routes from Providence and Hartford to JFK, and year-round service to Florida destinations.

In the New York area, JetBlue is launching or resuming several routes from JFK, including services to Washington D.C., Detroit, Hartford, Pittsburgh, and Providence. Newark will see new services to Santo Domingo and Los Angeles with Mint® premium experience.

JetBlue Airways (Nasdaq: JBLU) has scheduled its fourth quarter 2024 earnings conference call for January 28th, 2025 at 10:00 a.m. ET. The company will host a live, listen-only webcast of the call through its investor relations website. For those unable to attend the live event, an archived version will be available in the 'Archived Events & Presentations' section of the investor relations website.