JetBlue posts a surprise Q2 profit and will delay new planes to cut costs and rebuild the business

Discover incredible Insider Deals that will make your life a little bit easierFILE - A JetBlue plane lands at Logan International Airport, Jan. 26, 2023, in Boston. JetBlue reports earnings on Tuesday, July 30, 2024. reported a $25 million profit for the second quarter, and executives on Tuesday described a strategy of cutting costs to rebuild the business, sending the company’s shares sharply higher.

The shares rose 18% in late-morning trading, although they remain down two-thirds from their peak in 2021. Even with the money-making second quarter, JetBlue has lost $3 billion and not posted a full-year profit since the start of 2020. Courts struck down a partnership with American Airlines in the Northeast and a bid by the previous CEO to

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

JetBlue posts a surprise Q2 profit and will delay new planes to cut costs and rebuild the businessJetBlue Airways is reporting a small but surprising profit for the second quarter.
Sumber: ksatnews - 🏆 442. / 53 Baca lebih lajut »

JetBlue shares climb 20% after Q2 earnings, revenue beatJetBlue shares climb 20% after Q2 earnings, revenue beat
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »