Jetblue Awys Corp Stock Price, News & Analysis

JetBlue (JBLU) has promoted Justin Thompson to vice president, IT data and analytics. Thompson, an 18-year veteran of the company, will oversee data engineering, data science, artificial intelligence/machine learning, and business intelligence initiatives.

Reporting to Chief Digital and Technology Officer Carol Clements, Thompson will focus on scaling JetBlue's data and AI capabilities as part of the airline's JetForward strategy, which aims to restore sustained profitability. Thompson previously served as managing director of IT data and analytics and has held various leadership roles across customer support, marketing, and IT since joining as a customer feedback analyst.

JetBlue (JBLU) announced its crewmembers have achieved over 1.5 million volunteer hours since 2011 through its service initiative. To celebrate this milestone on Giving Tuesday, the airline is donating 3 million TrueBlue points to its charitable partners. In 2024, crewmembers logged more than 49,000 volunteer hours, supporting over 800 organizations. Key initiatives include the 'Flights for Fifty' program, Soar with Reading in Puerto Rico, and partnership with Foster Love, where crewmembers packaged over 700 duffle bags for foster children.

JetBlue (JBLU) has launched new twice-weekly service between New York's JFK and Bonaire's Flamingo International Airport (BON), becoming the only airline offering nonstop flights on this route. Operating on Tuesdays and Saturdays using Airbus A320 aircraft, this expansion marks JetBlue's connection to all three ABC Islands. The service features complimentary amenities including Fly-Fi, snacks, drinks, and seatback entertainment. To celebrate the launch, JetBlue is offering special $99 one-way fares available exclusively on jetblue.com. This addition represents JetBlue's 34th destination in Latin America and Caribbean from JFK.

JetBlue Airways reported its Q3 2024 financial results, posting a net loss of $60 million ($0.17 loss per share). Operating revenue increased 0.5% year-over-year to $2.4 billion, while operating expenses decreased 4.2%. The airline saw a 12-point improvement in on-time performance and announced plans to enhance its Even More Space offering into EvenMore®. System capacity decreased by 3.6% year-over-year, while unit revenue increased by 4.3%. The company maintained its full-year targets and progressed on implementing its JetForward strategy, delivering ~$275 million in revenue initiatives year-to-date.

JetBlue (NASDAQ: JBLU) has launched new flight services from Long Island MacArthur Airport (ISP), expanding its New York presence with daily flights to Orlando and 4-times weekly services to West Palm Beach and Fort Lauderdale. The service operates using restyled A320 aircraft featuring complimentary amenities. To celebrate the launch, JetBlue offers promotional one-way fares of $59 to Orlando and $69 to Fort Lauderdale and West Palm Beach.

This expansion is part of JetBlue's strategy to build the best leisure network on the East Coast, complementing its existing operations across New York's metropolitan airports. By February, JetBlue will average more than 225 daily flights to Florida, increasing its Sunshine State peak daily departures by 8% compared to last year.

JetBlue (Nasdaq: JBLU) hosted its 10th annual Fly Like a Girl event in Boston on October 19, supporting over 100 local youth ages 8-14. The event, in partnership with Massport and various JetBlue teams, aims to inspire careers in aviation by offering girls direct access to learn about different roles from female crewmembers.

As the only U.S. airline led by a female CEO, JetBlue boasts over 30% female representation at officer and director levels. The event featured hands-on activities, demonstrations, and educational stations, including aircraft tours and meetings with female pilots and other professionals.

This initiative aligns with JetBlue's recent announcement to invest and grow across New England, adding 20% more seats in the region by winter. The event underscores the JetBlue Foundation's commitment to fostering early interest in aviation and breaking down barriers for underrepresented groups in STEM education.

JetBlue Airways (Nasdaq: JBLU) has announced the date and time for its third quarter 2024 earnings conference call. The call is scheduled for October 29th, 2024 at 10:00 a.m. ET. Investors and interested parties can access a live, listen-only webcast of the call through JetBlue's investor relations website at http://investor.jetblue.com.

For those unable to attend the live event, an archived version of the webcast will be made available on the same website under the 'Archived Events & Presentations' section following the conference call. This announcement provides shareholders and analysts with the opportunity to stay informed about JetBlue's financial performance for the third quarter of 2024.

JetBlue (JBLU) has launched new nonstop service between New York's John F. Kennedy International Airport (JFK) and Argyle International Airport (SVD) in St. Vincent and the Grenadines. The roundtrip service will operate on Wednesdays and Sundays, making JetBlue the first U.S. carrier to offer nonstop flights on this route.

To celebrate the launch, JetBlue is offering -time $139 one-way fares available online only on JetBlue.com. The new service is part of JetBlue's strategy to expand its East Coast leisure network and strengthen its position in Latin America and the Caribbean, where it now serves 26 countries.

The flights will be operated using Airbus A320 aircraft, featuring JetBlue's award-winning service including free Fly-Fi, complimentary snacks and drinks, and seatback entertainment. This new route is expected to boost tourism and enhance connectivity for St. Vincent and the Grenadines, known for its natural beauty and diverse attractions.

JetBlue (Nasdaq: JBLU) has announced plans to open its first-ever airport lounges at New York's John F. Kennedy International Airport (JFK) in late 2025 and Boston Logan International Airport (BOS) soon after. This move is part of JetBlue's 'JetForward' strategy to meet growing demand for premium offerings. The lounges will be a new Signature Perk for top-tier TrueBlue Mosaic members and a benefit for a new premium credit card.

Access will be primarily for loyal customers and premium cardmembers, including Mosaic 4 members, transatlantic Mint customers, and holders of the upcoming premium JetBlue credit card. The lounges will span 8,000 sq ft at JFK and 11,000 sq ft at BOS, featuring areas for play, work, and relaxation. JetBlue is also enhancing its TrueBlue loyalty program, including upgrades to the Move to Mint perk for high-tier Mosaic members.