JetBlue introduces 1st-ever premium credit card
JetBlue is the first airline to accept payments from the peer-to-peer payment app, which is owned by PayPal. Like Apple Pay, Google Pay, or PayPal itself, Venmo lets you complete a transaction without having to dig out your credit card or input your financial details into the website.
JetBlue’s fourth-quarter results beat expectations, but the outlook for a key revenue metric was below forecasts.
Are you planning a getaway? JetBlue has announced a new winter sale featuring flights out of Boston for as low as $49.
JetBlue's cost outlook disappointed investors. The company is in the middle of a cost-cutting program that includes culling unprofitable flying. The company lost two antitrust cases that blocked its planned acquisition of Spirit Airlines last year and a regional partnership with American in 2023.
"We're continually looking for ways to make it easier to book a JetBlue flight on our website and mobile app."
Shares of JetBlue tumbled Tuesday morning after the airline's downbeat outlook for the first quarter and upcoming fiscal year overshadowed a better fourth quarter than analysts had expected.
"We're continually looking for ways to make it easier to book a JetBlue flight on our website and mobile app."
JetBlue’s earnings results for the last quarter were better than analysts’ expectations to lose $0.29 per share. The company did miss its revenue target as year-over-year sales dropped by -2.1%. This marks five out of six quarters of declining revenue as JetBlue focuses on a balance sheet turnaround.
JetBlue’s unit revenue guide implied deceleration year over year despite all the changes it has been making,” offered Melius Research analyst Conor Cunningham.
Shares of JetBlue Airways ( JBLU -25.71%) fell Tuesday. The stock lost 25.7% as of market close but was down as much as 28.9% earlier in the day. The move down comes as the S&P 500 and Nasdaq composite gained 0.9% and 2%, respectively.
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The JetBlue Win(ter)-Win(ter) sale has one-way flights as low as $49 with travel dates spanning Feb. 3 to April 9. Blackout dates include Feb. 15, 17, and 22. You'll also need to avoid travel on Friday and Sunday to snag this deal that expires at 11:59 ET tonight.
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