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JetBlue Warns Of Weak Travel Demand, Pulls 2025 Outlook
Summary
JetBlue (JBLU) shares slip after mixed Q1 2025 results, with adjusted loss of $0.59 per share & $2.14B revenue, down 3.1% YoY. Capacity down 4.3%, loyalty segment strong. Q2 guidance predicts decline in ASM & RASM, growth in CASM ex-fuel & fuel price. Company evaluating ways to boost profitability & preserve cash amidst macro uncertainty.
Original Article
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Read Full ArticleArticle published on April 29, 2025 by benzinga