JetBlue Cuts Flights, Parks Some Jets As Weak Travel Demand Deepens Profit Woes

From ZeroHedge

JetBlue Airways CEO Joanna Geraghty told employees in an internal memo obtained by CNBC that the airline is implementing new cost-cutting measures as softer-than-expected travel demand makes achieving break-even margins increasingly unlikely this year.  “We’re hopeful demand and bookings will rebound, but even a […]

Jun 17th 2025 12:40pm EDT

Source Link: https://www.zerohedge.com/markets/jetblue-cuts-flights-parks-some-jets-weak-travel-demand-deepens-profit-woes

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