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
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US:NASDAQ Investor Relations:
investor.jetblue.com/investor-relations
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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
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News
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- JetBlue Launches Service to 11th Florida Destination, Celebrates First Flights to Destin–Fort Walton Beach from New York and Boston [Yahoo! Finance Canada]Yahoo! Finance Canada
- JetBlue Launches Service to 11th Florida Destination, Celebrates First Flights to Destin–Fort Walton Beach from New York and BostonBusiness Wire
- JetBlue Vacations and WeatherPromise Launch Industry-First ‘Great Weather Guarantee’ for Jamaica PackagesBusiness Wire
JBLU
Earnings
- 1/27/26 - Miss
JBLU
Sec Filings
- 2/23/26 - Form 4
- 2/23/26 - Form 4
- 2/23/26 - Form 4
- JBLU's page on the SEC website