Latest news with #MartyStGeorge
Yahoo
30-07-2025
- Business
- Yahoo
Why JetBlue Stock Took Off Today
Key Points JetBlue posted a second-quarter beat thanks to strong demand, especially around the holidays. The company's cost-cutting plan is proceeding as scheduled. JetBlue still needs to answer questions about long-term growth. 10 stocks we like better than JetBlue Airways › JetBlue Airways (NASDAQ: JBLU) lost less money than expected in the second quarter and said that booking momentum has continued through the summer. Investors were climbing on board, sending JetBlue shares up 16% at the open and up 5% as of 10:15 a.m. ET. Demand fuels beat JetBlue has been flying into headwinds of late. The airline has neither the size and scale to compete with the industry's largest players, nor the cost structure to match discounters. JetBlue lost $0.16 per share in the second quarter on revenue of $2.4 billion, topping Wall Street's forecast for a $0.33-per-share loss on $2.3 billion in revenue. Revenue was up thanks to strong demand during peak periods, including Easter and Memorial Day, as well as success selling premium services like cabin upgrades. "Demand for air travel improved as the quarter progressed, resulting in significant strength for bookings within 14-days of travel, as well as for peak travel periods," company president Marty St. George said in a statement. "We are encouraged to see that momentum carry into July and we are optimistic that demand will continue to improve through the end of the year." JetBlue is also making progress setting up its new "Blue Sky" alliance with United Airlines Holdings, and said it expects to realize about $300 million of its nearly $900 million in restructuring plans by year-end. Is JetBlue a buy? JetBlue is doing better than some had feared, but the airline remains in a tough position. The company can shrink its way toward profitability for now, but for long-term focused investors there is still the question of where growth will come from. If nothing else, the results suggest that JetBlue is in no immediate danger and that management's plan to transform the business is going as scheduled. That's reason for optimism among current holders, but new investors should remain cautious when considering JetBlue. Should you buy stock in JetBlue Airways right now? Before you buy stock in JetBlue Airways, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and JetBlue Airways wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $633,452!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,083,392!* Now, it's worth noting Stock Advisor's total average return is 1,046% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Lou Whiteman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why JetBlue Stock Took Off Today was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
29-07-2025
- Business
- Yahoo
JetBlue posts smaller-than-expected loss as U.S. demand recovers
(Reuters) -JetBlue Airways on Tuesday posted an adjusted loss for the second quarter that was smaller than Wall Street expectations, helped by cost cutting measures and recovering demand for travel in the U.S. Over the past month, larger peers Delta and United have signaled that bookings are starting to stabilize, though at lower-than-expected levels, pointing to an uneven recovery. In April, JetBlue joined several major airlines in pulling its 2025 financial forecast, citing uncertainty tied to the Trump administration's sweeping tariff policies and federal spending cuts that weighed on consumer travel. "Demand for air travel improved as the quarter progressed, resulting in significant strength for bookings within 14-days of travel, as well as for peak travel periods," said Marty St. George, JetBlue's president, adding that the momentum continued into July. However, the carrier said it expects third-quarter revenue per available seat mile (RASM), an industry metric commonly known as unit revenue and a proxy for pricing power, to decline between 2% and 6%. It also renistated its 2025 unit cost forecast and expects it to rise between 5% and 7%. The carrier reported an adjusted loss of 16 cents per share for the quarter ended June 30, compared to analysts' estimate of a loss of 33 cents apiece. Operating revenue was $2.18 billion. Analysts, on average, were expecting $2.28 billion, as per data compiled by LSEG. Sign in to access your portfolio
Daily Mail
14-05-2025
- Business
- Daily Mail
JetBlue unveils Dunkin'-themed plane
JetBlue and Dunkin', America's largest coffee and donuts brand, unveiled a new Dunkin'-themed livery in honor of their longstanding partnership. The vibrant design of the freshly painted Airbus A320 aircraft, appropriately named Brewing Altitude, features Dunkin's iconic pink and orange branding, brought to life with a playful donut and coffee motif. The aircraft's new look was revealed at a celebratory event in Boston where both brands have deep roots and a loyal following. The JetBlue and Dunkin' partnership started in 2006 when JetBlue began fueling its customers with Dunkin's Original Blend coffee at 35,000 feet. In 2011, Dunkin' became the airline's exclusive onboard coffee provider. Now, the two iconic brands are taking their partnership to new heights as the aircraft makes its way across JetBlue's network. 'Dunkin' has been part of the JetBlue journey for nearly two decades, and we're proud to showcase this partnership with a livery that's as fun and bold as the brands behind it,' said Marty St. George, president, JetBlue. 'With our shared Boston heritage and focus on delighting loyal customers, this collaboration brings together two fan-favorite brands in a way only JetBlue and Dunkin' can.' 'This is about more than coffee in the sky; it's about two beloved brands coming together through a shared passion for meeting people where they are and fueling them on their journey,' said Scott Murphy, president of Dunkin'. 'From Boston to beyond, we're proud to see our iconic pink and orange take flight with JetBlue and celebrate the fans who've made Dunkin' part of their everyday ritual, even at 35,000 feet.' Monday Pick-Me-Up: Sip and Soar to Rewards To bring a little joy to the start of the week and celebrate the livery, JetBlue and Dunkin' are offering status for customers who fly on Brewing Altitude on Mondays beginning May 19 through September 1a. TrueBlue members who fly on eligible routes on the aircraft will receive Mosaic 1 status and Dunkin' Rewards members will earn Boosted status for three months. Current Mosaic members will receive 20 bonus tiles, applied to their 2025 tile tracker. Existing Boosted Status members will earn two times the number of points on top of the base points earned for all qualifying purchases for three months. With this, JetBlue and Dunkin' are rewarding loyal customers with a chance to elevate their status while fueling their Monday travel. Terms and conditions apply. For full terms and to view the routes that Brewing Altitude will fly each Monday of the promotion. Brewed in Boston, Soaring Beyond A pillar of the Boston community for 75 years, Dunkin' is the go-to coffee brand in the City of Champions, making this pairing with JetBlue a natural fit as Boston's biggest leisure airline. JetBlue proudly leads the way in both Boston and New England, boasting the most mainline service from Boston with approximately 30 percent more mainline seats than the next largest carrier. As part of JetBlue's expansive presence at Boston Logan International Airport (BOS), the airline offers the most flights from Boston and New England to California , Florida and the Caribbean than any other carrier. The new special livery underscores JetBlue's investment in New England where both brands are deeply rooted. JetBlue and Dunkin' have even more in store beyond the skies as customers can expect more special moments and promotions in the future. Want more stories like this from the Daily Mail? Visit our profile page and hit the follow button above for more of the news you need.
