US Market News
1月前
JetBlue Arrives in Italy: New Boston-Milan Service Takes Off TodayMay 11, 2026 5:59 PM
Business Wire Daily summer-seasonal flight marks JetBlue’s first-ever service to Italy and expands Boston’s transatlantic reach to nine European destinations To celebrate the launch, limited one-way fares are available starting at $399 and €449 in core, $649 and €659 in EvenMore and €1799 and $2199 in Mint for Boston–Milan route JetBlue (NASDAQ: JBLU) today launched its new daily summer-seasonal service between Boston Logan International Airport (BOS) and Milano Malpensa Airport (MXP), marking the airline’s first-ever service to Italy. The new route expands JetBlue’s transatlantic network from Boston and reinforces the airline’s position as New England's leading leisure airline, while also strengthening convenient connections for customers traveling across JetBlue’s broader network. With the start of service to Milan, JetBlue now offers customers nine daily nonstop destinations from Boston to Europe during the summer season, complementing existing year-round service to Amsterdam, London-Heathrow and Paris, as well as seasonal flights to Barcelona, Dublin, Edinburgh, London-Gatwick and Madrid. The new route builds on JetBlue’s continued investment in Boston, coming just weeks after the airline launched new seasonal service to Barcelona, Spain, and further strengthens Boston’s role as a key connecting hub. "Launching service to Milan marks an exciting milestone for JetBlue and our continued growth in Boston,” said Marty St. George, president, JetBlue. “As our first destination in Italy, Milan brings even more reach to our transatlantic network and gives customers, both in New England and across our network, the chance to experience JetBlue’s unique service across the Atlantic. All of it is built around exceptional service, thoughtful design and everyday value.” “We are pleased and proud to welcome the new direct JetBlue connection between Boston and Milano Malpensa Airport, the airport chosen by the American carrier for its debut in Italy. This flight further strengthens the intercontinental network of our airport and reinforces Milan’s role as an international gateway for Northern Italy,” said Aldo Schmid, Head of Aviation Business Development, SEA Milan Airports. “JetBlue’s arrival at Malpensa represents an important sign of confidence in the Milan market and in the potential of tourism and business traffic between Italy and the United States. Boston, besides being a fascinating city to visit, is a strategic destination rich in economic, cultural, and academic opportunities. This new service will offer passengers greater travel options, along with a high-quality experience and efficient connections to the airline’s North American network.” “The launch of the new direct connection between Milan Malpensa and Boston marks a further step forward in strengthening Lombardy’s international outreach, particularly toward the United States. Massachusetts represents a partner of great interest for us, with whom we intend to strengthen international relations and develop new forms of collaboration,” said Raffaele Cattaneo, Undersecretary for International and European Relations, Lombardy Region. “Thanks to the presence of outstanding research centers and academic institutions such as the Massachusetts Institute of Technology and Harvard University, the state has established itself as a global point of reference in strategic sectors that are also important for Lombardy, ranging from life sciences to aerospace. The flight operated by JetBlue therefore represents a concrete opportunity to foster exchanges, attract investment, and create new opportunities for growth for our territories.” Boston and Milan: Connecting Two World-Class Cities
JetBlue continues to build Boston into a transatlantic gateway, offering customers throughout New England more ways to reach Europe with competitive fares and a high-quality onboard experience. Following the launch of service from Boston to Madrid and Edinburgh last year, and Barcelona earlier this spring, Milan now becomes the newest addition to JetBlue’s European map from Logan. The Milan route also makes it easier for customers across the U.S. to reach one of Europe’s most celebrated cities. Known globally for fashion, design and innovation, Milan offers visitors iconic attractions along with easy access to Lake Como and the Italian Alps. And for customers starting in Italy, Boston opens the door to destinations across JetBlue’s network. As a leading leisure airline in Boston, JetBlue offers extensive service from Logan to popular destinations across Florida, California and the Caribbean; or visitors can stay and experience one of America’s most historic cities. By linking these two cities, both hubs for innovation, education, sports, art and culture, JetBlue is creating new opportunities for customers on both sides of the Atlantic to discover dynamic destinations connected by global influence and local character. The JetBlue Experience
Flights to Milan operate on JetBlue’s A321 aircraft. These aircraft feature JetBlue’s Mint® premium experience, with fully lie-flat private suites and restaurant-style small plates curated by acclaimed New York City restaurants. EvenMore® customers enjoy new benefits such as dedicated overhead bin space, complimentary alcoholic beverages, a premium snack, and complimentary headphones upon request, in addition to the benefits they already know and love including extra legroom, priority security at select airports and early boarding. The airline’s award-winning core experience offers a new level of service to customers who generally fly “coach” but still want a great experience at an attractive fare. Core customers enjoy a world-class experience no matter where they sit with a free selection of brand-name snacks, soft drinks, coffee, tea, beer, wine and liquor and a high-quality complimentary meal from JetBlue’s culinary partner, Dig Inn. Customers in core, EvenMore and Mint stay connected throughout the flight with fast, free and unlimited high-speed Fly-Fi and can enjoy a robust selection of inflight entertainment on seatback screens at every seat.1 For more details on JetBlue’s transatlantic service, visit https://www.jetblue.com/flying-with-us/uk-and-europe. Book Better with JetBlue
To celebrate the launch, limited one-way introductory fares are available starting at $399 in core, $649 in EvenMore and $2199 in Mint for Boston-originating travelers, and from €449 in core, €659 in EvenMore and €1799 in Mint for Milan-originating travelers. Fares are available for a limited time on jetblue.com.2 Daily seasonal service between Boston (BOS) and Milan (MXP)
(Through October 5, 2026)
All times local BOS-MXP Flight #331 MXP-BOS Flight #332 6:25 p.m. – 8:10 a.m. 10:00 a.m. – 12:47 p.m. About JetBlue
JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando and San Juan. JetBlue carries customers to more than 100 destinations throughout the United States, Latin America, Caribbean, Canada and Europe. For more information and the best fares, visit jetblue.com. Fly-Fi® and live television are available on all JetBlue-operated flights. Availability and coverage area may vary by aircraft. Details on inflight wi-fi and entertainment: https://www.jetblue.com/flying-with-us. Boston (BOS) – Milan (MXP): One way only for U.S. point of sale only. Book by: 5/14/2026 for travel 6/28/2026 – 8/11//2026. Monday, Tuesday, Saturday and Sunday travel only.
Milan (MXP) – Boston (BOS): One way only for EU point of sale only. Book by: 5/14/2026 for travel 6/16/2026 – 7/30/2026. Tuesday, Wednesday and Thursday travel only. View source version on businesswire.com: https://www.businesswire.com/news/home/20260511890690/en/ JetBlue Corporate Communications
Tel: +1.718.709.3089
corporatecommunications@jetblue.com Original: JetBlue Arrives in Italy: New Boston-Milan Service Takes Off Today
US Market News
1月前
JetBlue Expands Fort Lauderdale Flying: 11 New Destinations, More Flights and Spirit Status MatchMay 4, 2026 10:09 AM
Business Wire
With its largest-ever schedule from FLL, JetBlue brings South Florida customers more choices, more connectivity, and its award-winning experience at attractive fares
Airline introduces new loyalty status match for Spirit Airlines Free Spirit Silver and Gold members, making it easier for travelers to switch to JetBlue
JetBlue (Nasdaq: JBLU) today announced that its expanded Fort Lauderdale-Hollywood International Airport (FLL) schedule and a new loyalty status match for eligible Spirit Airlines Free Spirit Silver and Gold members are now available at jetblue.com and on the JetBlue mobile app.1 Part of its effort to support travelers following the shutdown of Spirit Airlines, the previously announced expansion includes 11 new destinations from FLL and increased frequencies on existing JetBlue routes, giving customers more options to book the airline’s award-winning service and everyday affordable fares.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260504693909/en/11 More Cities for FLL (Credit: JetBlue).
JetBlue will launch new nonstop service between Fort Lauderdale and destinations across the U.S., Latin America and the Caribbean.
Six new JetBlue cities: Barranquilla, Colombia2; Baltimore; Cali, Colombia2; Charlotte, N.C.; Columbus, Ohio; and Indianapolis.
New nonstop service from Fort Lauderdale to existing JetBlue cities: Nashville, Tenn.; Detroit; Houston; Chicago; and Ponce, Puerto Rico.
On high-demand existing routes from Fort Lauderdale JetBlue is adding additional daily flights to Austin, Aguadilla, Puerto Rico, Dallas/Fort Worth, Raleigh-Durham, Santo Domingo, and Santiago de los Caballeros, Dominican Republic.
From its focus city in San Juan, JetBlue will also launch service to Baltimore/Washington International Thurgood Marshall Airport (BWI).
“We’re stepping up for Fort Lauderdale to ensure the availability of air service in this market,” said Marty St. George, president, JetBlue. “Our focus is simple: make it easier for customers to stay connected with the people and places that matter, while delivering the service, comfort and value they expect from JetBlue.”
The new and expanded flying, now available for booking, builds on JetBlue’s position as Fort Lauderdale’s largest airline and reflects the carrier’s long-term commitment to South Florida, which has been a cornerstone of the JetBlue network since its first flight. With this growth, JetBlue expects to operate nearly 130 daily departures from Fort Lauderdale this summer, marking the largest operation in the airline’s history from the airport and more than 75% more daily flights than in 2025.
The new routes give South Florida customers continued nonstop options for leisure, business and visiting friends and family, while also ensuring convenient access to Fort Lauderdale’s beaches, cruise port and the broader South Florida region. The additional flying leverages JetBlue’s existing scale, crews and infrastructure in South Florida, where the airline continues to grow its focus city.
New Loyalty Status Match for Spirit Airlines Free Spirit Members
As JetBlue expands in Fort Lauderdale, the airline is also making it easier for eligible Spirit Airlines loyalty members to continue receiving recognition and perks. For a limited time, Spirit Airlines Free Spirit Silver and Gold members can request a status match to JetBlue’s TrueBlue Mosaic program, giving travelers access to many of the benefits that make the JetBlue experience stand out.
“We know many Spirit customers are feeling the loss of the loyalty they built over time,” said St. George. “Our status match is designed to recognize that commitment and give them a seamless path forward with JetBlue—particularly in Fort Lauderdale, where we’re expanding service and offering more ways to travel with us.”
Through the new offer, eligible Free Spirit Silver and Gold members can match to Mosaic 1 and Mosaic 2 status and begin enjoying benefits designed to make travel more rewarding, seamless and comfortable. JetBlue’s TrueBlue program gives members more value and flexibility, with opportunities to earn points, unlock perks, and access benefits across JetBlue’s growing network, including its expanded schedule from Fort Lauderdale.
Customers can learn more about the status match offer, including eligibility requirements, required documentation, terms and conditions, and how to submit a request, at https://www.jetblue.com/trueblue/mosaic/match-to-mosaic.
New JetBlue cities with nonstop service to Fort Lauderdale:
To/From Fort Lauderdale (FLL)
Flights per day
Start date
Barranquilla, Colombia (BAQ)2
1x daily
Oct. 1, 2026
Baltimore (BWI)
3x daily
July 9, 2026
Cali, Colombia (CLO)2
1x daily
Oct. 15, 2026
Charlotte, N.C. (CLT)
3x daily
July 9, 2026
Columbus, Ohio (CMH)
1x daily
Nov. 2, 2026
Indianapolis (IND)
1x daily
Nov. 2, 2026
New nonstop service from existing JetBlue cities to Fort Lauderdale:
To/From Fort Lauderdale (FLL)
Flights per day
Start date
Nashville, Tenn. (BNA)
3x daily
July 9, 2026
Detroit (DTW)
2x daily
July 9, 2026
Houston (IAH)
3x daily
July 9, 2026
Chicago (ORD)
2x daily
July 9, 2026
Ponce, Puerto Rico (PSE)
1x daily
July 9, 2026
New nonstop service from San Juan:
To/From San Juan (SJU)
Flights per day
Start date
Baltimore (BWI)
1x daily
Nov. 2, 2026
More Choice, More Comfort, More JetBlue
All customers traveling on JetBlue enjoy the airline’s award-winning service, including fast, free, unlimited Fly-Fi®, seatback entertainment at every seat and complimentary snacks and drinks.3 JetBlue continues to bring South Florida travelers a differentiated experience that combines comfort, caring service and attractive fares; a combination that continues to make the airline a leading choice in Fort Lauderdale.
Book Better with JetBlue
Customers who book directly through jetblue.com are guaranteed to find JetBlue’s lowest fares, and can enjoy additional benefits including access to all of the airline’s fare options, as well as fare sales and promotions, some of which may not be available through other third parties; the ability to earn 2x TrueBlue points and participate in Points Pooling; seamless seat selections and upgrades to EvenMore® ; 24/7 direct access to JetBlue’s customer service channels; and more.
About JetBlue
JetBlue is New York's Hometown Airline® and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan. The airline carries customers to more than 100 destinations throughout the United States, Latin America, the Caribbean, Canada, and Europe. For more information and the best fares, visit jetblue.com.
Terms and conditions apply. See https://www.jetblue.com/trueblue/mosaic/match-to-mosaic for details, program rules and eligibility requirements.
Subject to receipt of government authority.
Fly-Fi ® and live television are available on all JetBlue-operated flights. Availability and coverage area may vary by aircraft. Details on inflight wi-fi and entertainment: https://www.jetblue.com/flying-with-us.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260504693909/en/
JetBlue Corporate Communications
Tel: +1.718.709.3089
corpcomm@jetblue.com
Original: JetBlue Expands Fort Lauderdale Flying: 11 New Destinations, More Flights and Spirit Status Match
US Market News
1月前
JetBlue Steps in to Help Stranded Spirit Customers with $99 Rescue Fares, Announces Plans to Add 11 Destinations From Fort LauderdaleMay 2, 2026 6:02 AM
Business Wire
Plan reflects JetBlue’s long-term commitment to South Florida and ensures continued connectivity for customers
JetBlue (Nasdaq: JBLU) today announced it is stepping in to support Spirit customers and team members affected by the airline’s shutdown.
JetBlue is offering $99 rescue fares to assist stranded travelers with immediate travel planned
JetBlue will cap fares to ensure affordable rebooking options remain available as more travelers look to rebook and demand increases.
JetBlue will significantly expand its presence at Fort Lauderdale-Hollywood International Airport (FLL) with 11 new cities to help backfill critical service and allow customers to continue to see a strong selection of flights and destinations.
JetBlue will extend its jumpseat agreement for Spirit pilots and flight attendants trying to get home and offer interview opportunities for open roles at JetBlue.
“This is really tough news for the thousands of Spirit team members affected, as well as the customers who were planning trips on Spirit,” said Joanna Geraghty, chief executive officer, JetBlue. “We got to know many of their crewmembers during our acquisition talks, and we’re thinking about everyone whose lives are being disrupted. We want to help fill the void created by this loss.”
$99 Rescue Fares to Help Stranded Travelers Get Home
To assist stranded Spirit customers with imminent travel, JetBlue is offering $99 one-way fares to individuals with proof of a valid Spirit itinerary for the same route (or co-located airport) for travel through Wednesday, May 6¹. These customers should call 1-800-JETBLUE to discuss their situation.
“With major operations in Fort Lauderdale and San Juan, we’re in a unique position to help Spirit customers get where they need to go and ensure flights remain affordable despite greater demand,” said Geraghty. “We understand how unsettling it may be for travelers who are suddenly unsure of what to do next.”
Beginning May 1, 2026, JetBlue will also cap all Blue Basic fares at $299 on JetBlue-operated nonstop routes to and from Fort Lauderdale-Hollywood International Airport (FLL) and San Juan, Puerto Rico’s Luis Muñoz Marín International Airport (SJU) that were also operated by Spirit as of April.¹ The fare caps will apply to new itinerary purchases made through May 8, 2026, for travel between May 2, 2026 and May 8, 2026.
“While JetBlue always offers a great experience at an everyday low fare, the fare cap is designed to help customers avoid higher last-minute prices as more people book alternative travel.”
Fort Lauderdale and San Juan are both JetBlue focus cities, and JetBlue is the largest airline in both cities, offering an extensive route network. These two cities have also been among Spirit’s busiest markets, meaning travelers there may experience significant disruption from the sudden loss of service. JetBlue is stepping in where the need is greatest and where the airline has the scale and reach to provide meaningful support.
JetBlue will continue to monitor demand and operational capacity and may adjust based on customer needs.
Taking Care of Spirit Team Members
JetBlue also recognizes that some Spirit pilots and flight attendants may be stranded following the airline’s shutdown. To support crewmembers during this challenging time, JetBlue will extend its jumpseat agreement for the next two weeks, subject to space availability and limited to cabin seating. In addition, the airline plans to offer interview opportunities to qualified Spirit team members impacted by the shutdown.
Stepping Up Service in Fort Lauderdale
In addition to capping fares, JetBlue is adding new service to further expand options for customers in Fort Lauderdale. The additional flying builds on JetBlue’s role as Fort Lauderdale’s largest airline and reflects the carrier’s commitment to providing its award-winning service and competitive fares for South Florida travelers during a period of meaningful change in the market.
With this expansion, JetBlue is offering its largest ever schedule from Fort Lauderdale, ensuring customers continue to have access to the destinations they rely on, whether traveling for leisure, business, or visiting friends and family.
JetBlue expects to operate nearly 130 daily departures from Fort Lauderdale this summer, marking the largest operation in the airline’s history from the airport - over 75% more daily flights than 2025.
“South Florida is a key market for JetBlue, and we recognize this is a challenging moment for many travelers,” said Geraghty. “Our focus is on stepping up in the near term by adding service, maintaining connectivity, and keeping fares competitive, so customers can continue to travel with confidence.”
With this announcement, the airline will launch the following new JetBlue cities with nonstop service to Fort Lauderdale:
New City
Flights per day:
Start Date
Barranquilla, Colombia (BAQ)2
1x Daily
October 1, 2026
Baltimore (BWI)
3x Daily
July 9, 2026
Cali, Colombia (CLO)2
1x Daily
October 15, 2026
Charlotte, N.C. (CLT)
3x Daily
July 9, 2026
Columbus, Ohio (CMH)
1x Daily
November 2, 2026
Indianapolis (IND)
1x Daily
November 2, 2026
In addition to the new cities, JetBlue will add new nonstop service from the following JetBlue cities to Fort Lauderdale:
New City
Flights per day:
Start Date
Nashville, Tenn. (BNA)
3x Daily
July 9, 2026
Detroit (DTW)
2x Daily
July 9, 2026
Houston (IAH)
3x Daily
July 9, 2026
Chicago (ORD)
2x Daily
July 9, 2026
Ponce, Puerto Rico (PSE)
1x Daily
July 9, 2026
JetBlue is also adding additional flights on existing routes from Fort Lauderdale, including to Austin, Aguadilla, Puerto Rico, Dallas/Fort Worth, Raleigh-Durham, Santo Domingo, and Santiago de los Caballeros, Dominican Republic and will launch service on November 2, 2026 between Baltimore/Washington International Thurgood Marshall Airport (BWI) and Luis Munoz Marin International Airport (SJU).
Fort Lauderdale was JetBlue’s first destination, and today the airline already offers an extensive domestic and international network from FLL, serving destinations across the U.S., Latin America, and the Caribbean. The addition of 27 flights represents a meaningful increase in flying that leverages JetBlue’s existing scale, crews, and infrastructure in South Florida.
The growth reflects JetBlue’s broader network strategy and its ability to responsibly add flying where demand exists and where the airline can operate reliably. The expanded schedule also supports JetBlue’s JetForward strategy, which centers on building the best East Coast leisure network with Fort Lauderdale as a key gateway.
Capped fares are available starting May 1, 2026. The new routes and frequencies announced today will be available to book starting Monday evening, May 4, 2026, at jetblue.com and the JetBlue mobile app.
About JetBlue
JetBlue is New York's Hometown Airline® and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan. The airline carries customers to more than 100 destinations throughout the United States, Latin America, the Caribbean, Canada, and Europe. For more information and the best fares, visit jetblue.com.
Plus government-imposed taxes and fees, where applicable
Subject to receipt of government authority.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260501368797/en/
JetBlue Corporate Communications
Tel: +1.718.709.3089
corpcomm@jetblue.com
Original: JetBlue Steps in to Help Stranded Spirit Customers with $99 Rescue Fares, Announces Plans to Add 11 Destinations From Fort Lauderdale
US Market News
2月前
JetBlue Vacations Partners with Flex Pay to Launch Monthly Payment OptionApril 20, 2026 12:03 PM
Business Wire
New offering gives customers more flexibility to plan and pay for vacations over time
JetBlue Vacations (Nasdaq: JBLU) today announced a new partnership with Flex Pay, a Buy Now, Pay Later solution from Upgrade, Inc., to introduce monthly payment options for customers booking flight + hotel vacation packages, giving them more flexibility in how they plan and pay for their trips.
The new payment option allows customers to spread the cost of their vacation over time with simple monthly payments. The option is fully integrated across the JetBlue Vacations flight + hotel mobile and desktop booking flows, as well as the JetBlue Vacations call center, giving their "Helpful Humans" the tools to offer flexible financing to customers booking over the phone.
“JetBlue Vacations continues to focus on making travel easier to plan and more accessible,” said Jamie Perry, President, Paisly, the company that powers JetBlue Vacations. “With monthly payment options through our trusted partner Flex Pay, customers have more flexibility and control in how they book and pay for their trips, helping make more travel options within reach.”
To celebrate the launch, JetBlue Vacations is offering a limited-time 0% APR* promotion on eligible flight + hotel packages, available today through April 23, 2026. The offer applies to bookings with no minimum purchase required, for travel through December 31, 2026.
Customers can choose from flexible payment schedules, allowing them to break up the cost of their trip into more manageable monthly payments. The application process is quick and easy, taking just a few minutes during checkout. Once approved, customers can select the plan that best fits their needs, with no late fees or prepayment penalties.
Throughout the booking experience, customers will see estimated monthly payment amounts as they browse flight and hotel options, helping them understand how different selections may impact the total cost. At checkout, customers can choose to pay in full, pay a deposit, or select this monthly payment option.
Unlike traditional deposit options, which often require a larger balance closer to departure, monthly payment options allow customers to plan ahead and pay over time, making vacations more accessible to more customers.
“We’re excited to partner with JetBlue Vacations to bring Flex Pay to their customers,” said Tom Botts, President, Flex Pay. “With flexible monthly installments, we help partners expand access to travel and give customers more ways to plan and pay for their trips.”
For more information or to start planning a trip, visit jetbluevacations.com.
*0% APR offer available on 12 month terms from April 20, 2026 to April 23, 2026 for travel between April 23, 2026 to December 31, 2026, for well-qualified applicants. 0% APR is available only for the promotion. Actual terms may vary for other offers. Based on a purchase price of $1000 you could pay a down payment of just $90.26 today, followed by 11 monthly payments of $90.26 at 15% APR. Minimum $150 purchase required. Actual terms are based on your credit score and other factors, and may vary. APRs range from 0% to 36%. Not everyone is eligible. Loans made through Flex Pay by Upgrade are offered by these lending partners. Privacy Policy. Terms of Use. Upgrade, Inc. (NMLS #1548935) holds the following state licenses and does business under the following DBAs. 275 Battery St 23rd floor, San Francisco, CA 94111.
About JetBlue Vacations
JetBlue Vacations, powered by Paisly, offers flexible travel packages including JetBlue flight + hotel, JetBlue flight + cruise, hotel + points and standalone cruise bookings. Customers get access to the lowest available JetBlue airfare when they book as part of a package, delivering exceptional value for money. Each trip can be customized with add-ons like cars, transfers, and activities. Vacation packages also earn TrueBlue points and tiles, helping customers get closer to Perks You Pick® & Mosaic status. Select JetBlue Vacations packages include exclusive benefits through the Very Important Perks (VIP) and Insider Experience programs (available in select destinations), bringing JetBlue’s signature customer service into every step of the travel journey.
About JetBlue
JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando and San Juan. JetBlue carries customers to more than 100 destinations throughout the United States, Latin America, the Caribbean, Canada and Europe. For more information and the best fares, visit jetblue.com.
About Flex Pay
Flex Pay is a Buy Now, Pay Later solution offered by Upgrade, Inc. Upgrade is a financial technology company that offers affordable and responsible credit, mobile banking, and payment products to mainstream consumers. Since its inception in 2017, Upgrade has delivered over $47 billion in credit to over 7.8 million customers. Upgrade’s core products include: Personal Loans, Mobile Banking, Cards, BNPL, Auto Financing, and Home Improvement Financing.
Upgrade is headquartered in San Francisco, California, with an operations center in Phoenix, Arizona, a technology center in Montreal, Canada, and regional offices in Atlanta, Georgia, New York City, New York, and Irvine, California. More information is available at: https://www.upgrade.com and https://www.upgrade.com/en-ca/flex-pay/
Loans made through Flex Pay by Upgrade are offered by these lending partners: upgrade.com/flex-pay/lendersupgrade.com/flex-pay/privacyupgrade.com/flex-pay/terms
View source version on businesswire.com: https://www.businesswire.com/news/home/20260420200872/en/
JetBlue Corporate Communications
Tel: +1.718.709.3089
corpcomm@jetblue.com
Original: JetBlue Vacations Partners with Flex Pay to Launch Monthly Payment Option
US Market News
2月前
JetBlue Expands Transatlantic Service from Boston with New Flights to Barcelona Starting TodayApril 16, 2026 8:29 PM
Business Wire
New summer seasonal service strengthens JetBlue’s transatlantic network from Boston and connects New England with Barcelona
To celebrate the launch, limited one-way fares are available starting at $349 and €399 in Core and €1,699 and $1,799 in Mint for Boston–Barcelona route
JetBlue (Nasdaq: JBLU), New England’s leading leisure airline, today launched new summer seasonal service between Boston Logan International Airport (BOS) and Josep Tarradellas Barcelona–El Prat Airport (BCN). The route expands JetBlue’s transatlantic flying and further positions Boston as an important European gateway and focus city, while showcasing the cultural and gastronomic richness of Barcelona, a region with its own distinct identity.
Known for its award-winning Mint® experience and elevated onboard service, JetBlue continues to redefine accessible premium travel across the Atlantic. The Boston–Barcelona route supports growing demand for leisure, business, and academic travel, strengthens ties between New England and Spain’s Catalonia region, and complements JetBlue’s broader European network. The airline will also launch seasonal service between Boston and Milan on May 11. Through Boston, customers can connect to JetBlue’s extensive network across the U.S., Latin America, and the Caribbean.
“The launch of service between Boston and Barcelona marks another exciting step in JetBlue’s transatlantic service,” said Marty St. George, president, JetBlue. “We’re excited to introduce our first service to Spain’s Catalonia region, connecting two dynamic global hubs and expanding our international reach. This route builds on our existing transatlantic presence from Boston and gives customers more choice and value when traveling between the U.S. and Europe.”
“From the Barcelona Air Route Development Committee (BARDC), formed by Aena, the Government of Catalonia, Barcelona City Council, and the Barcelona Chamber of Commerce, we have supported the launch of the Boston–Barcelona route. JetBlue’s arrival in the city marks an important milestone, connecting two global hubs and enhancing international connectivity,” said Vanessa Requena, Head of Management Office of JT Barcelona-El Prat Airport. “This new route strengthens economic, academic, and cultural ties between the two cities and responds to strong demand, with more than 1.5 million indirect passengers traveling between the U.S. and Barcelona, including over 59,000 between Boston and Barcelona in 2025.”
Connecting Communities Across the Atlantic: Boston and Barcelona
Barcelona becomes JetBlue’s second destination in Spain, following the launch of service to Madrid last year, and marks the airline’s seventh city served in Europe. Renowned for its art, iconic architecture, and coastal appeal, Barcelona will come alive this summer with a vibrant lineup of cultural events, concerts, and major sporting moments—further cementing its status as one of Europe’s premier destinations.
This new service strengthens access between Boston and Barcelona, building on long-standing cultural, academic, and business ties. Both cities are global hubs for innovation, life sciences, higher education, and the arts, and the route supports deeper collaboration between these two dynamic regions.
With the addition of Barcelona and upcoming service to Milan, JetBlue will operate up to nine daily nonstop flights between Boston and Europe this summer, highlighting its continued investment in building the East Coast’s leading leisure network as part of its JetForward strategy. From Boston, the airline offers more than 130 daily departures to over 65 destinations.
Daily seasonal service between Boston (BOS) and Barcelona (BCN)
(Through October 25, 2026)
All times local
BOS-BCN Flight #345
BCN-BOS Flight #346
8:04 p.m. – 09:45 a.m.
12:50 p.m. – 3:38 p.m.
Book Better
To celebrate the launch, limited one-way introductory fares are available starting at $349 in Core and $1,799 in Mint for Boston-originating travelers, and from €399 in Core and €1,699 in Mint for Barcelona-originating travelers. Fares are available for a limited time on jetblue.com.1
The JetBlue Experience
Flights to Barcelona will operate on JetBlue’s A321 aircraft with Mint, featuring fully lie-flat private suites and artisan dining curated by acclaimed NYC local restaurants. Combined with JetBlue’s signature Core experience, which includes free Fly-Fi, seatback entertainment, and complimentary snacks and drinks, the airline offers all customers an elevated experience at a competitive price.
JetBlue’s award-winning core experience also raises the bar for travelers who typically fly “coach,” but still want a great experience at an attractive fare with complimentary meals from culinary partner Dig Inn, a wide selection of brand-name snacks and beverages, including beer, wine, and liquor, and seatback screens at every seat.2 Customers in both Mint and Core stay connected with fast, free, and unlimited Fly-Fi, and enjoy a multi-screen experience onboard—just like they do at home. Together, JetBlue’s transatlantic service is redefining affordable premium travel while contributing positively to the destinations it serves.
For more details on JetBlue’s transatlantic service, visit: https://www.jetblue.com/flying-with-us/uk-and-europe.
Boston’s Transatlantic 2026 Service:
Destination
Frequency
Starting Date
Amsterdam (AMS)
1x daily
Year-round service
Barcelona (BCN)*
1x daily
Launches April 16, 2026, seasonal
Dublin (DUB)
1x daily
Resumes April 16, 2026, seasonal
Edinburgh (EDI)
1x daily
Resumes April 16, 2026, seasonal
London-Gatwick (LGW)
1x daily
Resumes May 21, 2026, seasonal
London-Heathrow (LHR)
1x daily
Year-round service
Madrid (MAD)
1x daily
Resumes April 16, 2026, seasonal
Milan (MXP)*
1x daily
Launches May 11, 2026, seasonal
Paris (CDG)
1x daily
Year-round service
*New JetBlue destination for 2026 summer travel season.
New York-JFK Transatlantic 2026 Service:
Destination
Frequency
Starting Date
Dublin (DUB)
1x daily
Resumes April 29, 2026, seasonal
Edinburgh (EDI)
1x daily
Resumes April 29, 2026, seasonal
London-Heathrow (LHR)
2x daily
Year-round service
Paris (CDG)
1x daily
Year-round service
About JetBlue
JetBlue is New York's Hometown Airline® and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan. JetBlue carries customers to more than 100 destinations throughout the United States, Latin America, the Caribbean, Canada, and Europe. For more information and the best fares, visit jetblue.com.
Boston (BOS) – Barcelona (BCN): One way only for U.S. point of sale only. Book by: 4/18/2026 for travel 5/31/2026 – 7/13/2026. Saturday, Sunday and Monday travel only.
Barcelona (BCN) – Boston (BOS): One way only for EU point of sale only. Book by: 4/18/2026 for travel 6/10/2026 – 7/15/2026. Tuesday and Wednesday travel only.
Fly-Fi® and live television are available on all JetBlue-operated flights. Availability and coverage area may vary by aircraft. Details on inflight wi-fi and entertainment: https://www.jetblue.com/flying-with-us.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260416677191/en/
JetBlue Corporate Communications Team
Tel: +1.718.709.3089
corpcomm@jetblue.com
Original: JetBlue Expands Transatlantic Service from Boston with New Flights to Barcelona Starting Today
US Market News
2月前
JetBlue and Barclays Enhance Airline’s Popular Premier Card with New Benefits and Expanded RewardsApril 6, 2026 12:00 PM
Business Wire
New benefits provide cardmembers an accelerated path to Mosaic® status and elevated travel experiences
Enhancements arrive this spring ahead of JetBlue’s next BlueHouse™ lounge opening in Boston, further extending marquee benefits for Premier cardmembers
JetBlue (Nasdaq: JBLU) today announced new and enhanced benefits, including statement credits for companion passes and TrueBlue Travel, for the JetBlue Premier World Elite Mastercard®, issued by Barclays US Consumer Bank – delivering more value and flexibility for cardmembers coming this spring, all with no increase to the card’s annual fee.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260406556708/en/The JetBlue Premier Card. Photo courtesy of JetBlue.
“As we continue to engage with our cardmembers, JetBlue is focused on evolving our co-branded credit card benefits in ways that are both meaningful and relevant to how they travel and spend their time,” said Ed Pouthier, vice president of loyalty and personalization, JetBlue. “These Premier Card enhancements, from companion passes to new lifestyle partnerships to more generous travel rewards, build on our commitment to listen to customers and give them even more value with their card during travel and in everyday life.”
“We’re proud to keep raising the bar with JetBlue for Premier cardmembers,” said Doug Villone, head of cards and partnerships at Barclays US Consumer Bank. “These enhancements add more ways to get value – through companion pass statement credits, TrueBlue Travel statement credits, and a points redemption bonus – while helping customers progress toward Mosaic status. It’s another great example of our long-standing partnership with JetBlue and our shared focus on delivering premium experiences, both in the air and on the ground.”
New & Expanded Benefits
The JetBlue Premier Card, which launched last year, now introduces additional and enhanced benefits designed to deliver more utility, accelerate earnings and increase redemption value:
JetBlue Premier Companion Pass Statement Credits: Travel is better together. Cardmembers can earn a companion pass (up to $500 value) after spending $15,000 in a calendar year and unlock an additional companion pass (up to $1,500 value) after $75,000 in annual spend. Simply book and pay for your companion's trip on your reservation, apply the pass, and receive a statement credit after you both travel.
25-Tile Bonus: Get a head start on status. Cardmembers will receive a 25-tile bonus after the beginning of each calendar year, putting them halfway to Mosaic 1 and the premium perks that come with it.
TrueBlue Travel™ Statement Credits: Make more of every trip, beyond the flight. Cardmembers can earn up to $300 in annual statement credits when using the card for hotels, car rentals, cruises and more with TrueBlue Travel.
15% Redemption Rebate: Make your points go further. Cardmembers will receive 15% redemption rebate of their TrueBlue® points back on award flight redemptions, whether flying JetBlue or its partner airlines.
Benefits Cardmembers Know & Love
Premier cardmembers will continue to enjoy the benefits that already define JetBlue’s premium card, including enhanced airport experiences, global lounge access, a free first checked bag, anniversary bonus TrueBlue points and more.
Premier cardmembers with eligible fares also receive complimentary access for themselves and a guest to BlueHouse, JetBlue’s signature lounge experience designed to feel like a home away from home. Now open at John F. Kennedy International Airport (JFK) Terminal 5, BlueHouse reimagines the traditional lounge with a warm, residential-inspired design rooted in the energy of New York City. With distinct spaces to work, relax and lounge, the space blends the comfort of a thoughtfully designed city apartment with JetBlue’s signature hospitality.
JetBlue will continue expanding BlueHouse with a second location opening this summer at Boston Logan International Airport (BOS) Terminal C. BlueHouse Boston will reflect a similar residential approach, thoughtfully designed to capture the character of Boston, while bringing its elevated airport experience to one of JetBlue’s most important focus cities with a strong base of loyal customers and Premier cardmembers.
Additional Benefits Available
Through a new relationship with ClassPass, JetBlue is offering ClassPass credits coming later this spring. Premier cardmembers can enroll to receive up to 14 monthly credits to use on fitness classes and wellness experiences at studios, spas, salons, gyms and more nationwide.
Card Benefits Designed with Blue in Mind
The JetBlue Premier Card has an annual fee of $499 (and $150 for each authorized user), unchanged with the introduction of these upcoming benefits. Together, these updates underscore JetBlue’s ongoing investment in a co-branded credit card portfolio designed to meet the needs of all customers with a range of travel preferences and everyday lifestyles as they earn their way to Mosaic status.
Cardmembers will receive the new benefits, and have access to updated reward rules, upon launch later this spring. To apply for the JetBlue Premier Card and explore complete pricing and a full list of current benefits — including Priority Pass™ Select membership access to more than 1,800 airport lounges worldwide, Global Entry or TSA PreCheck® application fee statement credit, Group A boarding and more — please visit JetBluePremierCard.com.
About JetBlue
JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan. JetBlue carries customers to more than 100 destinations throughout the United States, Latin America, the Caribbean, Canada and Europe. For more information and the best fares, visit jetblue.com.
About Barclays
Barclays US Consumer Bank is a leading digital banking partner that provides award-winning credit card, personal loan and savings products to more than 25 million consumers. As one of the fastest-growing U.S. credit card issuers, the bank creates highly customized programs that drive customer loyalty for some of America's best travel, retail and affinity brands. Member FDIC. For more information, please visit www.BarclaysUS.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260406556708/en/
JetBlue Corporate Communications
Tel: +1.718.709.3089
corpcomm@jetblue.com
Original: JetBlue and Barclays Enhance Airline’s Popular Premier Card with New Benefits and Expanded Rewards
US Market News
3月前
JetBlue Launches Service to 11th Florida Destination, Celebrates First Flights to Destin–Fort Walton Beach from New York and BostonMarch 5, 2026 7:43 AM
Business Wire
Introductory fares available from $69 one-way as airline strengthens Northeast–Florida connections
JetBlue (NASDAQ: JBLU) today celebrated inaugural service to Destin–Fort Walton Beach Airport (VPS) with its first flight from New York’s John F. Kennedy International Airport (JFK), marking a major milestone for the Emerald Coast and expanding the airline’s growing Florida network. The airline also will launch new nonstop service between VPS and Boston Logan International Airport (BOS) today, further connecting the Florida panhandle with the Northeast. To celebrate the launch, JetBlue is offering limited-time introductory fares starting at $69 one-way, available now on jetblue.com.1
“Today’s first flight from New York marks an exciting new chapter for the Emerald Coast,” said Dave Jehn, JetBlue’s vice president, network planning and airline partnerships. “With nonstop access to both JFK and Boston, we’re making it easier than ever for customers to travel between the Northeast and one of Florida’s most sought-after beach destinations, while also giving local residents convenient connections to JetBlue’s broader network.”
“This is an incredible addition to our passenger service at Destin-Fort Walton Beach Airport,” said Okaloosa County Board Chairman Trey Goodwin. “The success of our airport relies on the success of our partners and we are excited to welcome JetBlue to the VPS family.”
Located along Florida’s Panhandle, Destin–Fort Walton Beach is known for its white sand and emerald-colored water. With world-class fishing and a relaxed coastal charm, the region appeals to many leisure travelers, including Spring Break vacationers. From April 17 to April 26 this year, JetBlue will operate two daily nonstop flights between Boston and Destin-Fort Walton Beach on Fridays, Saturdays and Sundays to bring even more Spring Break travelers to the area.
The new flights not only provide direct access for customers in the Northeast seeking a warm-weather escape, but also open new opportunities for Emerald Coast residents traveling to New York, Boston or beyond with connections possible from JetBlue’s focus cities to destinations across the United States, Canada, Latin American, the Caribbean and Europe.
These new routes build on JetBlue’s continued growth across Florida, where the airline now serves 11 destinations and is a leading carrier between the Northeast and the Sunshine State. Customers traveling on the new routes will enjoy JetBlue’s award-winning service, including fast, free and unlimited Fly-Fi®, seatback entertainment at every seat, and complimentary name-brand snacks and drinks.2
Schedule between New York (JFK) and Destin–Fort Walton Beach (VPS)
Operating Mondays, Thursdays, Fridays, Saturdays and Sundays beginning March 5, 2026 3
JFK – VPS Flight #2011
VPS – JFK Flight #2012
7:00 AM – 9:08 AM
10:00 AM – 1:38 PM
Schedule between Boston (BOS) and Destin–Fort Walton Beach (VPS)
Operating Mondays, Thursdays, Fridays, Saturdays and Sundays beginning March 5, 2026 3
BOS – VPS Flight #1781
VPS – BOS Flight #1782
12:40 PM – 3:00 PM
3:55 PM – 7:51 PM
Book Better with JetBlue
Customers who book directly through jetblue.com are guaranteed to find JetBlue’s lowest fares, and can enjoy additional benefits including access to all of the airline’s fare options, as well as fare sales and promotions, some of which may not be available through other third parties; the ability to earn 2x TrueBlue points and participate in Points Pooling; seamless seat selections and upgrades to EvenMore®; 24/7 direct access to JetBlue’s customer service channels; and more.
About JetBlue
JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan. JetBlue carries customers to more than 100 destinations throughout the United States, Latin America, the Caribbean, Canada, and Europe. For more information and the best fares, visit jetblue.com.
Destin–Fort Walton Beach (VPS) to/from New York (JFK): One-way only. Subject to availability. Book by March 8, 2026 for travel March 9, 2026 – June 15, 2026. Monday, Thursday, Saturday travel only. Blackout dates March 13, 2026 – April 26, 2026 and May 21, 2026 – May 25, 2026. Fares include government taxes and fees. Additional baggage fees and other optional service charges may apply. Fare rules, including change/cancellation policies, may also apply. See jetblue.com for details.
Destin–Fort Walton Beach (VPS) to/from Boston (BOS): One-way only. Subject to availability. Book by March 8, 2026 for travel March 9, 2026 – June 15, 2026. Monday, Thursday, Saturday travel only. Blackout dates April 16, 2026 – May 2, 2026 and May 21, 2026 – May 25, 2026. Fares include government taxes and fees. Additional baggage fees and other optional service charges may apply. Fare rules, including change/cancellation policies, may also apply. See jetblue.com for details.
Fly-Fi® and live television are available on all JetBlue-operated flights. Availability and coverage area may vary by aircraft. Details on inflight wi-fi and entertainment: https://www.jetblue.com/flying-with-us.
Schedules and routes are subject to change.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260305839758/en/
JetBlue Corporate Communications
Tel: +1.718.709.3089
corporatecommunications@jetblue.com
Original: JetBlue Launches Service to 11th Florida Destination, Celebrates First Flights to Destin–Fort Walton Beach from New York and Boston
US Market News
4月前
‘Blue Sky’ Reaches New Altitude: JetBlue and United Begin Offering Sales Across Both AirlinesFebruary 10, 2026 2:00 PM
Business Wire
Starting this week, customers can book Blue Sky itineraries with cash or points and miles directly through JetBlue or United—unlocking broader access and a more seamless booking experience across both airlines.
JetBlue (Nasdaq: JBLU) and United Airlines (Nasdaq: UAL) today announced the roll out of the next major customer benefit from their Blue Sky collaboration: beginning this week, travelers can start to purchase eligible itineraries operated by either airline directly on JetBlue.com, United.com and each airline’s mobile app.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260210620738/en/Photo courtesy of JetBlue and United.
For the first time, customers will be able to book flights on either airline using cash, points, or miles, giving travelers more freedom to shop and pay the way they prefer while accessing the strengths of either network. When searching for flights on either airline’s website or mobile app, customers will start to see more options from both carriers, making it easier to plan and book travel using the booking method of their choice. The airlines expect to later add the ability to book a single itinerary that includes flights operated by both JetBlue and United in the future.
This offering follows the successful introduction of reciprocal loyalty earning and redemption in 2025, which enabled TrueBlue® and MileagePlus® members to earn and redeem rewards across both carriers1. With revenue booking going live, JetBlue and United are delivering on their commitment to create a more connected, flexible, and seamless travel experience.
More Ways to Book, More Places to Go
With Blue Sky, customers can:
Purchase flights or redeem loyalty currency — TrueBlue points on JetBlue channels or MileagePlus miles on United channels — for eligible itineraries.
Easily book more flights in one place, taking advantage of JetBlue’s leading leisure markets and United’s extensive domestic and global footprint, including United Express®.
Plan travel more easily, with integrated shopping, clearer options, and more transparency around loyalty value.
Access more destinations through JetBlue Vacations, with United flights now available as part of Flight + Hotel packages (with cruise packages coming soon), unlocking bucket-list travel including Japan, Brazil, Italy, Greece and more for JetBlue Vacations customers.
"With cash bookings now available, Blue Sky is making it even easier for customers to plan and purchase travel across two leading networks,” Andrew Nocella, EVP and Chief Commercial Officer at United. “This milestone is another proof point of the value Blue Sky is bringing customers – in giving them the ability to book with cash, miles or points on either network, customers now have more choice, flexibility and a better overall booking experience when traveling to their favorite destinations.”
“This is an important step forward in our Blue Sky collaboration, expanding the choice and flexibility we offer customers when they travel,” said Marty St. George, president of JetBlue. “This move gives our members even more ability to earn and redeem points to exciting destinations around the world, while United customers gain access to JetBlue’s network across the Americas and Europe. Throughout the year, we will enhance the Blue Sky collaboration by introducing reciprocal loyalty perks on flights and expanding Paisly-powered vacation offerings, including United-supported products such as hotels, cruises, rental cars and travel insurance.”
More Enhancements on the Horizon
The airlines emphasized that revenue bookings mark another important milestone—but more customer benefits remain on the horizon as the collaboration continues rolling out in phases:
Reciprocal perks and benefits – arriving later this spring – including priority boarding, preferred and extra legroom seating, and same-day changes and standby.
United’s MileagePlus Travel transitioning to Paisly, LLC – arriving later in 2026 – expanding booking capabilities for MileagePlus members to add hotels, vacation packages, rental cars, cruises and travel insurance through Paisly’s travel services platform.
United’s planned growth for JFK– with JetBlue providing United access to slots for up to seven daily roundtrips at JFK’s new Terminal 6 as early as 2027.
Terms, conditions, and exclusions apply; taxes and fees may apply to award travel. More information for JetBlue customers is available at jetblue.com/jetblue-united, and for United MileagePlus members at united.com/bluesky.
JetBlue’s Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements other than statements of historical facts are forward-looking statements. Forward-looking statements involve risks, uncertainties and assumptions, and are based on information currently available to us. These include, without limitation, risks associated with the implementation of the Blue Sky collaboration and our plans for future operations. Given the risks and uncertainties surrounding forward-looking statements, you should not place undue reliance on these statements. You should understand that many important factors, in addition to those discussed or incorporated by reference in this press release, could cause our results to differ materially from those expressed in the forward-looking statements. Further information concerning these and other factors is contained in JetBlue's filings with the U.S. Securities and Exchange Commission (the “SEC”), including but not limited to in our Annual Report on Form 10-K for the year ended December 31, 2024, as may be updated by our other SEC filings. In light of these risks and uncertainties, the forward-looking events discussed in this press release might not occur. Our forward-looking statements speak only as of the date of this press release. Other than as required by law, we undertake no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise.
United's Forward-Looking Statements and Other Important Information
This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that are not statements of historical facts are, or may be deemed to be, forward-looking statements. Such forward-looking statements are based on historical performance and current expectations, estimates, forecasts and projections about our future financial results, goals, plans, commitments, strategies and objectives and involve inherent risks, assumptions and uncertainties, known or unknown, including internal or external factors that could delay, divert or change any of them, that are difficult to predict, may be beyond our control and could cause our future financial results, goals, plans and objectives to differ materially from those expressed in, or implied by, the statements. These risks, assumptions, uncertainties and other factors include, among others, the parties' ability to satisfy certain closing conditions, that the proposed transaction will close on the terms or within the time frame described in this document and any delay or inability of United Airlines to realize the expected benefits of the collaboration. No forward-looking statement can be guaranteed. Forward-looking statements in this press release should be evaluated together with the many risks and uncertainties that affect United's business and market, particularly those identified in the “Management's Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections in United's Annual Report on Form 10-K for the year ended December 31, 2024, as updated by our subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the Securities and Exchange Commission. The forward-looking statements included in this document are made only as of the date of this document and except as otherwise required by applicable law or regulation, United undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise.
About JetBlue
JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan. JetBlue carries customers to more than 100 cities throughout the United States, Latin America, the Caribbean, Canada and Europe. For more information and the best fares, visit jetblue.com.
About United
At United, Good Leads The Way. With U.S. hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C., United operates the most comprehensive global route network among North American carriers and is now the largest airline in the world as measured by available seat miles. For more about how to join the United team, please visit www.united.com/careers and more information about the company is at www.united.com. United Airlines Holdings, Inc., the parent company of United Airlines, Inc., is traded on the Nasdaq under the symbol “UAL”.
Some select JetBlue routes are not eligible for booking through United.com or MileagePlus accrual and redemption. Available redemption flights will appear on each airline’s booking channels. Redemption seats are capacity-controlled, with limited availability on high demand flights.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260210620738/en/
Media Contacts
JetBlue Corporate Communications
corporatecommunications@jetblue.com
United Airlines Media Relations
media@united.com
Original: ‘Blue Sky’ Reaches New Altitude: JetBlue and United Begin Offering Sales Across Both Airlines
US Market News
5月前
JetBlue Announces Fourth Quarter 2025 ResultsJanuary 27, 2026 11:30 AM
Business Wire
Progress on JetForward Delivered $305M of Incremental EBIT (1) in 2025
Operational Reliability and Customer Satisfaction Improved for Second Consecutive Year
Positioned for Significant Margin Improvement in 2026
JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for the fourth quarter of 2025.
"2025 marked a meaningful step forward for JetBlue," said Joanna Geraghty, JetBlue’s chief executive officer. "In the first full year of JetForward, we made measurable progress improving reliability, strengthening customer satisfaction, and advancing our strategic priorities, even amid a challenging operating environment. While macroeconomic uncertainty impeded our return to profitability in 2025, we have proof points JetForward is working and positioning us for improved financial performance in 2026. I want to thank our 23,000 crewmembers, your commitment to caring for our customers and each other, despite many unexpected challenges we faced throughout the year, is truly inspiring."
"We saw strong underlying demand during the quarter and I’m very encouraged this momentum has carried forward into early 2026. Additionally, I am optimistic the constructive macroeconomic environment and industry capacity backdrop entering the year will support continued improvement," said Marty St. George, JetBlue’s president. "We have many exciting initiatives rolling out this year, including executing critical implementation milestones for our Blue Sky collaboration with United, opening our Boston lounge and rolling out domestic first class."
JetForward Continues Driving Results, On-Track to Deliver $850 - $950 Million Target for 2027
JetForward delivered $305 million of incremental EBIT contribution in 2025, exceeding expectations for $290 million of incremental EBIT during the first full calendar year of the program. Performance across all four priority moves continues to drive results:
Reliable & Caring Service
Improved all key reliability metrics year-over-year for the second consecutive year, with on-time departures improving nearly two points.
Net Promoter Score increased eight points year-over-year and 17 points over the past two years.
Best East Coast Leisure Network
Continued progress executing and ramping capacity redeployments.
Strategic capacity additions in Fort Lauderdale performed better than expected, as we regained our position as the airport’s largest airline.
Products & Perks Customers Value
Preferred seating and EvenMore® continued to outperform expectations.
Premium co-branded credit card sign-ups exceeded year one targets.
Opened JetBlue's first airport lounge, BlueHouse, at JFK's Terminal 5.
A Secure Financial Future
Improved tools and utilization of AI to optimize planning, better manage disruptions and enable greater self-service.
Strengthened efficiencies on support center fixed costs.
Modernizing fuel processes, unlocking cost savings through technology, process and operational initiatives.
Strategically reduced 2026-2029 capital expenditures by ~$3 billion since 2023.
JetForward is targeting $310 million of additional incremental EBIT in 2026, which will keep JetBlue on track to deliver $850 to $950 million of incremental EBIT for 2027.
Fourth Quarter 2025 Financial Results and Highlights
Capacity decreased by 1.6% year-over-year.
Operating revenue of $2.2 billion for the fourth quarter of 2025, down 1.5% year-over-year.
Operating revenue per available seat mile ("RASM") increased 0.2% year-over-year, better than guidance range of a decrease of 4.0% to flat, driven by underlying demand strength, coupled with loyalty, ancillaries, and other revenue exceeding expectations.
Operating expense per available seat mile ("CASM") for the fourth quarter of 2025 increased 5.4% year-over-year.
Operating expense per available seat mile, excluding fuel, other non-airline operating expenses, and special items ("CASM ex-Fuel") (2) for the fourth quarter of 2025 increased 6.7% year-over-year.
Average fuel price in the fourth quarter of 2025 of $2.51 per gallon.
Capital expenditures, including predelivery deposits, in the fourth quarter totaled $345 million.
Ended the quarter with $2.5 billion of liquidity, or ~27% of trailing twelve-month revenue, excluding our $600 million revolving credit facility.
Full Year 2025 Financial Results
Capacity decreased by 1.6% year-over-year.
Operating revenue of $9.1 billion in 2025, down 2.3% year-over-year.
Operating revenue per available seat mile ("RASM") decreased 0.7% year-over-year.
Operating expense per available seat mile ("CASM") for 2025 decreased 3.8% year-over-year.
Operating expense per available seat mile, excluding fuel, other non-airline operating expenses, and special items ("CASM ex-Fuel") (2) for 2025 increased 6.2% year-over-year versus our initial range from January 2025 of up 5 to 7%.
Average fuel price in 2025 of $2.49 per gallon.
Capital expenditures, including predelivery deposits, for the full year 2025 totaled $1.1 billion.
Full Year 2025 Commercial Highlights
Announced Blue Sky collaboration with United Airlines, designed to accelerate JetForward.
As part of Blue Sky, launched reciprocal loyalty accrual and redemption with United to increase the value of TrueBlue® points and bring more value to our TrueBlue® members.
According to third-party business partner data, JetBlue's TrueBlue® program was the highest ranked airline loyalty program for customer satisfaction.
Recognized as the top airline for first/business class customer satisfaction according to J.D. Power (3).
Executed definitive agreements to sell our remaining Embraer E190 fleet as well as two Airbus A321neo XLR deliveries, a meaningful step in our fleet modernization and simplification plan.
Announced our agreement with Amazon Leo to provide faster and more reliable connectivity to our on-board Wi-Fi, furthering our leadership in onboard connectivity. The roll-out is expected to begin in 2027.
Sold assets from our JetBlue Technology Ventures subsidiary to SKY Leasing – a unique transaction that allows us to retain the up-side of the investment portfolio and other benefits, including continued access to cutting-edge companies, with greatly reduced costs.
Outlook
"In 2025, our team stayed focused on what we could control, adjusting capacity, managing costs, and continuing to execute JetForward despite a challenging backdrop,” said Ursula Hurley, JetBlue’s chief financial officer. "Delivering meaningful incremental JetForward EBIT while holding unit costs within our original expectations demonstrates the discipline we are building across the business."
First Quarter and Full Year 2026 Outlook
Estimated 1Q 2026
Estimated FY 2026
Available Seat Miles ("ASMs") Year-Over-Year
0.5% - 3.5%
2.5% - 4.5%
RASM Year-Over-Year
0.0% - 4.0%
2.0% - 5.0%
CASM Ex-Fuel (2) Year-Over-Year
3.5% - 5.5%
1.0% - 3.0%
Fuel Price per Gallon (4), (5)
$2.27 - $2.42
$2.17 - $2.37
Adjusted Operating Margin (2)
-
Breakeven or better
Interest Expense
-
~$580 million
Capital Expenditures (6)
~$200 million
~$900 million
Note: FY 2026 guidance assumes mid-single digit average aircraft on ground due to GTF engine issues. Guidance excludes the impact of Winter Storm Fern.
"As we look ahead, we are focused on translating this progress into improved profitability. We are returning to growth, our JetForward initiatives are ramping with more to come this year, and our cost growth is low - all supporting a path to breakeven or better operating profitability," said Ursula Hurley.
Earnings Call Details
JetBlue will conduct a conference call to discuss its quarterly earnings today, January 27, 2026 at 10:00 a.m. Eastern Time. A live broadcast of the conference call will also be available via the internet at http://investor.jetblue.com. The webcast replay and presentation materials will be archived on the company’s website.
For further details, see the fourth quarter 2025 Earnings Presentation available via the internet at http://investor.jetblue.com.
About JetBlue
JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando and San Juan. JetBlue, known for its low fares and great service, carries customers to more than 110 destinations throughout the United States, Latin America, the Caribbean, Canada and Europe. For more information and the best fares, visit jetblue.com.
Notes
(1)
Management reviews the estimated amount of earnings before interest and taxes attributable to JetForward initiatives within a given period to evaluate progress against our financial and operational targets. Incremental EBIT reflects the estimated impact of strategic initiatives on profitability, such as partnerships, fleet optimization, network changes, and cost reduction programs.
(2)
Non-GAAP financial measure; Note A provides a reconciliation of each non-GAAP financial measure used in this release to the most directly comparable GAAP financial measure and explains the reasons management believes that presentation of these non-GAAP financial measures provides useful information to investors regarding JetBlue's financial condition and results of operations. In addition, refer to Note A for further details on non-GAAP forward-looking information.
(3)
J.D. Power 2025 North America Airline Satisfaction Study.
(4)
Includes fuel taxes and other fuel fees.
(5)
As of January 9, 2026, the first quarter fuel price estimate utilizes the forward Brent crude curve and the forward Brent crude to jet crack spread to calculate fuel price. The full year fuel price estimate utilizes the same methodology for the jet crack spread, and for crude utilizes a weighted combination of the forward Brent crude curve and consensus estimates.
(6)
Capital expenditures exclude one Airbus A321neo XLR, which JetBlue has entered into an agreement to sell.
Forward-Looking Information
This Earnings Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements other than statements of historical facts contained in this Release are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "expects," "plans," "intends," "anticipates," "indicates," "remains," "believes," "estimates," "forecast," "guidance," "outlook," "may," "will," "should," "seeks," "goals," "targets" or the negative of these terms or other similar expressions. Additionally, forward-looking statements include statements that do not relate solely to historical facts, such as statements which identify uncertainties or trends, discuss the possible future effects of current known trends or uncertainties, or which indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed, or assured. Forward-looking statements contained in this Earnings Release include, without limitation, statements regarding our outlook and future results of operations and financial position, including our expected return to profitability, any expected headwinds, our use of artificial intelligence, our aircraft fleet, our product offerings and loyalty initiatives, and our business strategy and plans and objectives for future operations, such as our JetForward initiatives and its Blue Sky component. Forward-looking statements involve risks, uncertainties and assumptions, and are based on information currently available to us. Actual results may differ materially from those expressed in the forward-looking statements due to many factors, including, without limitation, our extremely competitive industry; the risk associated with the execution of our strategic operating plans in the near-term and long-term; risks related to the long-term nature of our fleet order book; volatility in fuel prices and availability of fuel; increased maintenance costs associated with fleet age; costs associated with salaries, wages and benefits; risks associated with a potential material reduction in the rate of interchange reimbursement fees; risks associated with doing business internationally; our reliance on high daily aircraft utilization; our dependence on the New York metropolitan market; risks associated with extended interruptions or disruptions in service at our focus cities; risks associated with airport expenses; risks associated with seasonality and weather; our reliance on a limited number of suppliers for our aircraft, engines, and our Fly-Fi® product; risks related to new or increased tariffs, including those that impact commercial aircraft and related parts imported from outside the United States; the outcome of current or future legal proceedings or regulatory actions; risks associated with stockholder activism; risks associated with cybersecurity and privacy, including potential disruptions to our information technology systems or information security breaches; heightened regulatory requirements concerning data security compliance; risks associated with reliance on, and potential failure of, automated systems to operate our business; our inability to attract and retain qualified crewmembers; our being subject to potential unionization, work stoppages, slowdowns or increased labor costs; reputational and business risk from an accident or incident involving our aircraft; risks associated with damage to our reputation and the JetBlue brand name; our significant amount of fixed obligations and the ability to service such obligations; possible failure to comply with financial and other debt covenants included in the agreements governing our debt; financial risks associated with credit card processors; risks associated with seeking short-term additional financing liquidity; failure to realize the full value of intangible or long-lived assets, causing us to record impairments; limits on our ability to use certain tax attributes; risks associated with our development and use of AI-powered solutions; risks associated with disease outbreaks or environmental disasters affecting travel behavior; compliance with environmental laws and regulations, which may cause us to incur substantial costs; the impacts of federal budget constraints or federally imposed furloughs; impact of global climate change and legal, regulatory or market response to such change; increasing scrutiny of, and evolving expectations regarding, environmental matters; changes in government regulations in our industry; acts of war or terrorism; and changes in global economic conditions or an economic downturn leading to a continuing or accelerated decrease in demand for air travel. It is routine for our internal projections and expectations to change as the year or each quarter in the year progresses, and therefore it should be clearly understood that the internal projections, beliefs, and assumptions upon which we base our expectations may change prior to the end of each quarter or year.
Given the risks and uncertainties surrounding forward-looking statements, you should not place undue reliance on these statements. You should understand that many important factors, in addition to those discussed or incorporated by reference in this Earnings Release, could cause our results to differ materially from those expressed in the forward- looking statements. Further information concerning these and other factors is contained in JetBlue's filings with the U.S. Securities and Exchange Commission (the "SEC"), including but not limited to in our Annual Report on Form 10-K for the year ended December 31, 2024, as may be updated by our other SEC filings, including our Annual Report on Form 10-K for the year ended December 31, 2025, to be filed with the SEC. In light of these risks and uncertainties, the forward-looking events discussed in this Earnings Release might not occur. Our forward-looking statements speak only as of the date of this Earnings Release. Other than as required by law, we undertake no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise.
JETBLUE AIRWAYS CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(in millions, except per share amounts)
(unaudited)
Three Months Ended
December 31,
Twelve Months Ended
December 31,
(percent changes based on unrounded numbers)
2025
2024
Percent Change
2025
2024
Percent Change
OPERATING REVENUES
Passenger
$
2,053
$
2,100
(2.2
)
$
8,336
$
8,617
(3.3
)
Other
191
177
7.6
726
662
9.6
Total operating revenues
2,244
2,277
(1.5
)
9,062
9,279
(2.3
)
OPERATING EXPENSES
Aircraft fuel
503
509
(1.1
)
2,057
2,343
(12.2
)
Salaries, wages and benefits
874
828
5.5
3,453
3,263
5.8
Landing fees and other rents
149
141
5.4
658
659
(0.1
)
Depreciation and amortization
176
168
4.4
688
655
5.0
Aircraft rent
14
19
(22.9
)
74
92
(19.1
)
Sales and marketing
80
83
(3.2
)
305
328
(7.0
)
Maintenance, materials and repairs
193
185
4.1
791
628
26.0
Special items
1
1
44.8
30
591
(94.9
)
Other operating expenses
354
326
8.6
1,374
1,404
(2.2
)
Total operating expenses
2,344
2,260
3.7
9,430
9,963
(5.3
)
OPERATING INCOME (LOSS)
(100
)
17
NM(1)
(368
)
(684
)
(46.2
)
Operating margin
(4.5
)%
0.7
%
(5.2
)
pts.
(4.1
)%
(7.4
)%
3.3
pts.
OTHER INCOME (EXPENSE)
Interest expense
(147
)
(150
)
(2.5
)
(588
)
(365
)
60.8
Interest income
26
44
(41.8
)
127
111
14.4
Capitalized interest
1
3
(61.0
)
9
15
(42.2
)
Gain (loss) on investments, net
6
(1
)
NM
18
(27
)
NM
Gain on debt extinguishments
—
—
—
—
22
NM
Other
1
5
(78.7
)
28
31
(8.2
)
Total other expense
(113
)
(99
)
13.7
(406
)
(213
)
90.8
LOSS BEFORE INCOME TAXES
(213
)
(82
)
NM
(774
)
(897
)
(13.7
)
Pre-tax margin
(9.5
)%
(3.6
)%
(5.9
)
pts.
(8.5
)%
(9.7
)%
1.2
pts.
Income tax benefit
36
38
(4.3
)
172
102
69.6
NET LOSS
$
(177
)
$
(44
)
NM
$
(602
)
$
(795
)
(24.3
)
LOSS PER COMMON SHARE:
Basic
$
(0.48
)
$
(0.13
)
$
(1.66
)
$
(2.30
)
Diluted
$
(0.48
)
$
(0.13
)
$
(1.66
)
$
(2.30
)
WEIGHTED AVERAGE SHARES OUTSTANDING:
Basic
368.5
351.4
362.1
346.0
Diluted
368.5
351.4
362.1
346.0
(1) Not meaningful or greater than 100% change.
JETBLUE AIRWAYS CORPORATION
COMPARATIVE OPERATING STATISTICS
(unaudited)
Three Months Ended
December 31,
Twelve Months Ended
December 31,
(percent changes based on unrounded numbers)
2025
2024
Percent
Change
2025
2024
Percent
Change
Revenue passengers (thousands)
9,718
9,942
(2.2
)
39,336
40,498
(2.9
)
Revenue passenger miles (RPMs) (millions)
12,935
13,273
(2.5
)
53,535
54,958
(2.6
)
Available seat miles (ASMs) (millions)
15,881
16,142
(1.6
)
65,007
66,082
(1.6
)
Load factor
81.5
%
82.2
%
(0.7
)
pts.
82.4
%
83.2
%
(0.8
)
pts.
Aircraft utilization (hours per day) (1)
9.7
9.8
(1.0
)
9.9
10.1
(2.0
)
Average fare
$
211.23
$
211.18
—
$
211.93
$
212.78
(0.4
)
Yield per passenger mile (cents)
15.87
15.82
0.3
15.57
15.68
(0.7
)
Passenger revenue per ASM (cents)
12.93
13.01
(0.6
)
12.82
13.04
(1.7
)
Operating revenue per ASM (cents) (RASM)
14.13
14.11
0.2
13.94
14.04
(0.7
)
Operating expense per ASM (cents)
14.76
14.00
5.4
14.51
15.08
(3.8
)
Operating expense per ASM, excluding fuel (cents) (2)
11.49
10.76
6.7
11.20
10.55
6.2
Departures
76,407
78,826
(3.1
)
308,985
319,987
(3.4
)
Average stage length (miles)
1,282
1,278
0.3
1,301
1,287
1.1
Average number of operating aircraft during period (1)
285
288
(1.0
)
287
286
0.3
Average fuel cost per gallon
$
2.51
$
2.47
1.6
$
2.49
$
2.75
(9.3
)
Fuel gallons consumed (millions)
201
206
(2.6
)
826
853
(3.2
)
Fuel efficiency (ASMs per fuel gallon)
79
78
1.0
79
77
1.6
Average number of full-time equivalent crewmembers
19,412
19,179
1.2
19,259
19,822
(2.8
)
(1) Includes aircraft temporarily removed from service, including aircraft impacted by the Pratt & Whitney engine groundings and lack of engine availability.
(2) Refer to Note A at the end of our Earnings Release for more information on this non-GAAP financial measure.
JETBLUE AIRWAYS CORPORATION
SELECTED CONSOLIDATED BALANCE SHEET DATA
(in millions)
December 31, 2025
December 31, 2024
(unaudited)
Cash and cash equivalents
$
1,946
$
1,921
Total investment securities
531
2,025
Total assets
16,570
16,841
Total debt
8,498
8,539
Stockholders' equity
2,120
2,641
JETBLUE AIRWAYS CORPORATION
SELECTED CONSOLIDATED CASH FLOWS DATA
(in millions)
December 31,
2025
2024
(unaudited)
Capital expenditures and pre-delivery deposits for flight equipment
$
(1,122
)
(1)
$
(1,619
)
(1) Capital expenditures and pre-delivery deposits for 2025 consisted of $187 million in Q1 2025, $309 million in Q2 2025, $281 million in Q3 2025, and $345 million in Q4 2025, totaling $1.1 billion year-to-date. 2025 Capital expenditures include charges related to one Airbus A321 neo XLR which JetBlue has entered into an agreement to sell. Q4 guidance of $300 million and full year guidance of $1.1 billion as of October 28, 2025 excluded this Airbus A321neo XLR.
Note A - Non-GAAP Financial Measures
We report our financial results in accordance with GAAP; however, we present certain non-GAAP financial measures in this Earnings Release. Non-GAAP financial measures are financial measures that are derived from the consolidated financial statements, but that are not presented in accordance with GAAP. We present these non-GAAP financial measures because we believe they provide useful supplemental information that enables a meaningful comparison of our results to others in the airline industry and our prior year results. Investors should consider these non-GAAP financial measures in addition to, and not as a substitute for, our financial performance measures prepared in accordance with GAAP. Further, our non-GAAP information may be different from the non-GAAP information provided by other companies. The information below provides an explanation of each non-GAAP financial measure used in this Earnings Release and shows a reconciliation of certain non-GAAP financial measures used in this Earnings Release to the most directly comparable GAAP financial measures.
With respect to JetBlue’s CASM Ex-Fuel (1) and Adjusted Operating Margin (2) Guidance, JetBlue is not able to provide a reconciliation of forward-looking measures where the quantification of certain excluded items reflected in the measure cannot be calculated or predicted at this time without unreasonable efforts. In these cases, the reconciling information that is unavailable includes a forward-looking range of financial performance measures beyond our control, such as fuel costs, which are subject to many economic and political factors beyond our control. For the same reasons, we are unable to address the probable significance of the unavailable information, which could have a potentially unpredictable and potentially significant impact on our future GAAP financial results.
(1) CASM Ex-Fuel is a non-GAAP measure that excludes fuel, other non-airline operating expenses, and special items.
(2) Adjusted Operating Margin is a non-GAAP measure that excludes special items.
Operating expense per available seat mile, excluding fuel, other non-airline operating expenses, and special items ("CASM ex-fuel")
Our CASM for the relevant periods are summarized in the table below. We exclude aircraft fuel, operating expenses related to other non-airline businesses, such as Paisly (f/k/a JetBlue Travel Products) and JetBlue Technology Ventures (JBV), and special items from total operating expenses to determine Operating Expenses ex-fuel, which is a non-GAAP financial measure, and we exclude the same items from CASM to determine CASM ex-fuel, which is also a non-GAAP financial measure. We believe the impact of these special items distorts our overall trends and that our metrics are more comparable with the presentation of our results excluding such impact.
We believe Operating Expenses ex-fuel and CASM ex-fuel are useful for investors because they provide investors the ability to measure our financial performance excluding items that are beyond our control, such as fuel costs, which are subject to many economic and political factors, as well as items that are not related to the generation of an available seat mile, such as operating expense related to certain non-airline businesses and special items. We believe these non-GAAP measures are more indicative of our ability to manage airline costs and are more comparable to measures reported by other major airlines.
Special items for 2025 include severance expenses and other special items.
Special items for 2024 included Spirit-related costs, union contract costs, severance expenses, Embraer E190 fleet transition costs, and other special items.
The table below provides a reconciliation of our total operating expenses ("GAAP measure") to Operating Expenses ex-fuel, and our CASM to CASM ex-fuel for the periods presented.
NON-GAAP FINANCIAL MEASURE
RECONCILIATION OF OPERATING EXPENSE AND OPERATING EXPENSE PER ASM (CASM), EXCLUDING FUEL
(unaudited)
Three Months Ended December 31,
$
Cents per ASM
($ in millions; per ASM data in cents; percent changes based on unrounded numbers)
2025
2024
Percent
Change
2025
2024
Percent
Change
Total operating expenses
$
2,344
$
2,260
3.7
14.76
14.00
5.4
Less:
Aircraft fuel
503
509
(1.1
)
3.17
3.15
0.6
Other non-airline expenses
15
13
16.0
0.09
0.08
17.9
Special items
1
1
44.8
0.01
0.01
47.2
Operating expenses, excluding fuel
$
1,825
$
1,737
5.0
11.49
10.76
6.7
Twelve Months Ended December 31,
$
Cents per ASM
($ in millions; per ASM data in cents; percent changes based on unrounded numbers)
2025
2024
Percent
Change
2025
2024
Percent
Change
Total operating expenses
$
9,430
$
9,963
(5.3
)
14.51
15.08
(3.8
)
Less:
Aircraft fuel
2,057
2,343
(12.2
)
3.16
3.55
(10.8
)
Other non-airline expenses
65
60
8.9
0.10
0.09
10.7
Special items
30
591
(94.9
)
0.05
0.89
(94.9
)
Operating expenses, excluding fuel
$
7,278
$
6,969
4.4
11.20
10.55
6.2
Operating Expense, Operating Income (Loss), Operating Margin, Pre-tax Loss, Pre-tax Margin, Net Loss and Loss per Share, excluding Special Items, Gain (Loss) on Investments and Gain on Debt Extinguishments
Our GAAP results in the applicable periods were impacted by charges that were deemed special items.
Special items for 2025 include severance expenses and other special items.
Special items for 2024 included Spirit-related costs, union contract costs, severance expenses, Embraer E190 fleet transition costs, and other special items.
Certain gains and losses on our investments, net were also excluded from our 2025 and 2024 GAAP results. Additionally, the gain on debt extinguishments was also excluded from our 2024 GAAP results.
We believe the impact of these items distort our overall trends and that our metrics are more comparable with the presentation of our results excluding the impact of these items. The table below provides a reconciliation of our GAAP reported amounts to the non-GAAP amounts excluding the impact of these items for the periods presented.
NON-GAAP FINANCIAL MEASURE
RECONCILIATION OF OPERATING EXPENSE, OPERATING INCOME (LOSS), OPERATING MARGIN, PRE-TAX LOSS, PRE-TAX MARGIN, NET LOSS, LOSS PER SHARE, EXCLUDING SPECIAL ITEMS, GAIN (LOSS) ON INVESTMENTS AND GAIN ON DEBT EXTINGUISHMENTS
(unaudited, in millions)
Three Months Ended December 31,
Twelve Months Ended December 31,
2025
2024
2025
2024
Total operating revenues
$
2,244
$
2,277
$
9,062
$
9,279
RECONCILIATION OF OPERATING EXPENSE
Total operating expenses
$
2,344
$
2,260
$
9,430
$
9,963
Less: Special items
1
1
30
591
Total operating expenses excluding special items
$
2,343
$
2,259
$
9,400
$
9,372
RECONCILIATION OF OPERATING INCOME (LOSS)
Operating income (loss)
$
(100
)
$
17
$
(368
)
$
(684
)
Add back: Special items
1
1
30
591
Operating income (loss) excluding special items
$
(99
)
$
18
$
(338
)
$
(93
)
RECONCILIATION OF OPERATING MARGIN
Operating margin
(4.5
)%
0.7
%
(4.1
)%
(7.4
)%
Operating income (loss) excluding special items
$
(99
)
$
18
$
(338
)
$
(93
)
Total operating revenues
2,244
2,277
9,062
9,279
Adjusted operating margin
(4.4
)%
0.8
%
(3.7
)%
(1.0
)%
RECONCILIATION OF PRE-TAX LOSS
Loss before income taxes
$
(213
)
$
(82
)
$
(774
)
$
(897
)
Add back: Special items
1
1
30
591
Less: Gain (loss) on investments, net
6
(1
)
18
(27
)
Less: Gain on debt extinguishments
—
—
—
22
Loss before income taxes excluding special items, gain (loss) on investments and gain on debt extinguishments
$
(218
)
$
(80
)
$
(762
)
$
(301
)
RECONCILIATION OF PRE-TAX MARGIN
Pre-tax margin
(9.5
)%
(3.6
)%
(8.5
)%
(9.7
)%
Loss before income taxes excluding special items
$
(218
)
$
(80
)
$
(762
)
$
(301
)
Total operating revenues
2,244
2,277
9,062
9,279
Adjusted pre-tax margin
(9.7
)%
(3.5
)%
(8.4
)%
(3.2
)%
RECONCILIATION OF NET LOSS
Net loss
$
(177
)
$
(44
)
$
(602
)
$
(795
)
Add back: Special items
1
1
30
591
Less: Income tax benefit related to special items (1)
—
30
7
45
Less: Gain (loss) on investments, net
6
(1
)
18
(27
)
Less: Income tax benefit (expense) related to gain (loss) on investments, net
(1
)
—
(4
)
6
Less: Gain on debt extinguishments
—
—
—
22
Less: Income tax expense related to gain on debt extinguishments
—
—
—
(5
)
Net loss excluding special items, gain (loss) on investments and gain on debt extinguishments
$
(181
)
$
(72
)
$
(593
)
$
(245
)
(1) Fourth quarter 2024 income tax benefit relates to a reassessment of the valuation allowance related to the tax impact of the Spirit transaction costs originally recorded in March 2024 due to the termination of the Merger Agreement.
NON-GAAP FINANCIAL MEASURE
RECONCILIATION OF OPERATING EXPENSE, OPERATING INCOME (LOSS), OPERATING MARGIN, PRE-TAX LOSS, PRE-TAX MARGIN, NET LOSS, LOSS PER SHARE, EXCLUDING SPECIAL ITEMS, GAIN (LOSS) ON INVESTMENTS AND GAIN ON DEBT EXTINGUISHMENTS (CONTINUED)
(unaudited)
Three Months Ended December 31,
Twelve months ended December 31,
CALCULATION OF LOSS PER SHARE
2025
2024
2025
2024
Loss per common share
Basic
$
(0.48
)
$
(0.13
)
$
(1.66
)
$
(2.30
)
Add back: Special items
—
—
0.08
1.71
Less: Income tax benefit related to special items (1)
—
0.08
0.02
0.13
Less: Gain (loss) on investments, net
0.01
—
0.05
(0.08
)
Less: Income tax benefit (expense) related to gain (loss) on investments, net
—
—
(0.01
)
0.02
Less: Gain on debt extinguishments
—
—
—
0.06
Less: Income tax expense related to gain on debt extinguishments
—
—
—
(0.01
)
Basic excluding special items, gain (loss) on investments and gain on debt extinguishments
$
(0.49
)
$
(0.21
)
$
(1.64
)
$
(0.71
)
Loss per common share
Diluted
$
(0.48
)
$
(0.13
)
$
(1.66
)
$
(2.30
)
Add back: Special items
—
—
0.08
1.71
Less: Income tax benefit related to special items (1)
—
0.08
0.02
0.13
Less: Gain (loss) on investments, net
0.01
—
0.05
(0.08
)
Less: Income tax benefit (expense) related to gain (loss) on investments, net
—
—
(0.01
)
0.02
Less: Gain on debt extinguishments
—
—
—
0.06
Less: Income tax expense related to gain on debt extinguishments
—
—
—
(0.01
)
Diluted excluding special items, gain (loss) on investments and gain on debt extinguishments
$
(0.49
)
$
(0.21
)
$
(1.64
)
$
(0.71
)
(1) Fourth quarter 2024 income tax benefit relates to a reassessment of the valuation allowance related to the tax impact of the Spirit transaction costs originally recorded in March 2024 due to the termination of the Merger Agreement.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260127623494/en/
JetBlue Investor Relations
Tel: +1 718 709 2202
ir@jetblue.com
JetBlue Corporate Communications
Tel: +1 718 709 3089
corpcomm@jetblue.com
Original: JetBlue Announces Fourth Quarter 2025 Results