JetBlue Airways Company (NASDAQ: JBLU) introduced monetary outcomes for the fourth quarter of 2024, reporting a web loss amid a year-over-year decline in revenues.
The corporate reported a web lack of $44 million or $0.13 per share for the December quarter, in comparison with a lack of $104 million or $0.31 per share in the identical interval of 2023. On an adjusted foundation, loss per share was $0.21, in comparison with a lack of $0.19 per share final yr.
At $2.28 billion, fourth-quarter income was down 2% year-over-year, reflecting a lower in passenger revenues. Throughout the quarter, capability decreased 5.1%.
“Looking ahead to 2025, we are laser-focused on executing JetForward and building on the momentum from 2024. While this year will not come without its challenges, our strategy is in place to tackle those obstacles head-on,” stated Joanna Geraghty, JetBlue’s CEO.
