JetBlue updates fourth quarter outlook after operational disruptions

Published 02/12/2025, 13:14
JetBlue updates fourth quarter outlook after operational disruptions

JetBlue Airways Corp. (NASDAQ:JBLU) provided an operational and financial update for its expected fourth quarter 2025 results Tuesday ahead of an industry conference, according to a statement based on a Securities and Exchange Commission filing.

The company reported that demand during the fourth quarter remained healthy, with bookings trending in line with expectations except for a period affected by a Federal Aviation Administration (FAA) emergency order. The FAA’s directive temporarily reduced flight operations due to a government shutdown, resulting in what JetBlue called “shutdown-related cancellations.”

Operational performance for the quarter was also impacted by Hurricane Melissa in Jamaica, in addition to the shutdown-related cancellations in early November. JetBlue stated that these events together led to an approximate one-point reduction in available seat mile (ASM) growth for the fourth quarter, due to operational cancellations and schedule reductions. The company noted that non-fuel unit cost growth was also affected by about one point as a result of the ASM reductions.

JetBlue addressed the FAA’s emergency airworthiness directive on Airbus A320-family aircraft issued November 28. The company has completed the required software updates on its A320 and A321 fleet and resumed normal operations. This event caused an additional reduction of approximately 0.25% to JetBlue’s ASM growth for the quarter. The company said it continues to evaluate any potential financial impact from this directive.

JetBlue’s common stock trades on The NASDAQ Stock Market LLC under the symbol JBLU.

The information in this article is based on a statement included in a regulatory filing with the Securities and Exchange Commission.

In other recent news, JetBlue Airways Corp reported its third-quarter 2025 earnings, revealing a narrower-than-expected loss per share. This development is part of JetBlue’s broader strategic initiatives and future outlook. In addition to its financial performance, JetBlue announced plans to introduce new daily summer seasonal flights from Boston to Milan, Italy, and Barcelona, Spain, starting in 2026. The service to Barcelona will begin on April 16, 2026, and flights to Milan will commence on May 11, 2026, with tickets available for purchase soon. Meanwhile, the Federal Aviation Administration (FAA) is experiencing staffing shortages, causing flight delays at six major airports, including Atlanta and San Francisco. Additionally, U.S. airlines, including JetBlue, are seeing a decline in passenger bookings due to the ongoing government shutdown, according to Airlines for America. Transportation Secretary Sean Duffy stated that the Trump administration would consider shutting down the aviation system if the government shutdown were deemed unsafe, although current conditions have only resulted in significant delays.

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