JetBlue is burning through $10 million a day: CEO [MarketWatch]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.jetblue.com/investor-relations
Company Research
Source: MarketWatch
JetBlue Airways Corp. is burning through $10 million a day as it grapples with the coronavirus pandemic, company Chief Executive Robin Hayes said in a note to employees Friday. The airline is losing money because only 7,000 customers are "likely to fly us each day in April and possibly May, compared to the 120,000 we would typically expect," Hayes wrote. On a typical day in April last year, JetBlue took in about $22 million from bookings and ancillary fees. Today, it's hauling in only $1 million per day, while $2 million per day is being issued in cash refunds. On Friday, JetBlue submitted an application for payroll support funds to the Treasury Department. JetBlue shares have plunged 55% in the last year. The broader S&P 500 index is down 14% in the last year.
Show less
Read more
Impact Snapshot
Event Time:
JBLU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JBLU alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JBLU alerts
High impacting JetBlue Airways Corporation news events
Weekly update
A roundup of the hottest topics
JBLU
News
- 2 critical questions you need to ask when flight is canceled, delayed [USA TODAY]USA TODAY
- This startup UK airline is doubling down on the 4-engine Airbus jets that most carriers have abandoned [Business Insider]Business Insider
- SSP Stock Surges 11% On FY25 Earnings And European Rail Review [Forbes]Forbes
- Delta, United, American airlines set to embark on a 'supermajor super cycle' -- Citi Research [Seeking Alpha]Seeking Alpha
- Soar into Spring Break: JetBlue Expands Fort Lauderdale Service with Select Routes for Spring Break and Patriots' Day Travel [Yahoo! Finance]Yahoo! Finance
JBLU
Earnings
- 10/28/25 - Beat
JBLU
Sec Filings
- 12/2/25 - Form 8-K
- 11/12/25 - Form 144
- 11/6/25 - Form 4
- JBLU's page on the SEC website