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Investing.com -- JetBlue Airways CEO Joanna Geraghty admitted on Wednesday that 2025 has been a challenging year so far, creating setbacks for the airline’s "JetForward" profit improvement strategy.
Speaking at a gathering of aerospace executives in Washington D.C., Geraghty discussed the difficulties the carrier has faced this year while implementing its multi-year plan designed to boost profits and deliver $800 million to $900 million in earnings before interest and taxes through 2027.
Despite the challenges, the CEO expressed confidence that JetBlue is well positioned to serve premium customers, an area that has traditionally been difficult for lower-cost airlines to penetrate successfully.
Geraghty also emphasized that JetBlue needs a level playing field with its "big five" competitors, specifically mentioning perimeter slots as an area of concern.
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