Why the New JetBlue Is an East Coast Leisure Airline [Yahoo! Finance]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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Source: Yahoo! Finance
But JetBlue's path to profitability, according to its president, Marty St. George, relies on leisure travelers flying from the Northeast to South Florida, Orlando, the Caribbean and back. “The core strength of this network is leisure up and down the East Coast, and that is where we make our profits, and that is where we are taking our focus,” St. George said at the Skift Aviation Forum in Dallas Tuesday. It's all part of JetBlue's strategic plan, JetForward, which also calls for reducing capacity in airports that produce red ink and deferring aircraft deliveries. St. George was one of the longest-serving JetBlue executives until he left in 2019 and later became chief commercial officer at Latam Airlines. He returned to JetBlue in February. Asked why JetBlue reduced capacity in Los Angeles even though its Mint business class service there is profitable, St. George said: “What I like to do is build networks and make money. That was not going to happen in L.A.” He added that J
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JBLU
Earnings
- 10/29/24 - Beat
JBLU
Sec Filings
- 11/13/24 - Form 4
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- JBLU's page on the SEC website