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-2.64200792601762E-05 -2.64200792601762E-05 -0.0039630118890357 -0.0039630118890357 -0.011889035667107 -0.0541611624834875 -0.0435931307793923 -0.0634081902245706
Stock impact report

JetBlue Provides Update Related the Coronavirus Aid, Relief and Economic Security (CARES) Act

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: Business Wire
NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today issued the following message to its 23,000 crewmembers:Dear Crewmembers –As the coronavirus crisis deepens, so too does its impact on our business. If anyone tells you that they’ve seen anything like this before – don’t believe them. We’ve shared with you in the past weeks the unprecedented decline in demand for travel, and the situation continues to deteriorate. The numbers are staggering:Just 7,000 Customers are likely to fly us each day in April and possibly May, compared to the 120,000 we would typically expect.Last year on a typical day in April, we took in about $22 million from bookings and ancillary fees. This is now just $1 million per day (and another $2 million per day is being issued in cash refunds, pushing us into negative territory). Additionally, we are still issuing $11 million per day of travel bank credits for canceled bookings.We are spending far more on running the airline than we are making in revenue an Show less Read more
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