JetBlue to reduce more flights, other costs with the profitability threshold of 2025 “improbable” due to lower travel demand

JetBlue Airways CEO Joanna Geraghty told the staff that the carrier implements a multitude of new cost reductions as gentle Travel request Makes the profitability threshold for operational margins this “unlikely” year.

“We hope that demand and reservations will bounce back, but even a recovery will not fully compensate for the ground that we have lost this year and our return to profitability will take more time than we hoped.

JetBlue did not immediately comment.

JetBlue will cut off the outstanding flights and cut non -profitable routes. He will also interrupt the renovation plans for four of his former Airbus A320 aircraft with new interiors and to park them, while the six aircraft planned for renovation are still on the right track for next year, Geraghty wrote.

The carrier also assesses his job plans and could combine certain leadership roles and brake travel expenses, according to the memo.

American carriers have announced plans to reduce capacity, especially in the second half of the yearas reservations for domestic travel are lower and lower than expected this year and The prices fell. The plane ticket in May fell 7.3% compared to last year, according to the American Department of Labor inflation report.

The carrier has sought ways to increase income and reduce costs after its Spirit Airlines budget acquisition was blocked by a federal judge. This stranded merger came after the judge blocked his Alliance of the northeast of the United States with American airlines In 2023. The airline published an annual profit in 2019 for the last time.

Last month, JetBlue announced a new partnership with United Airlines This will allow customers to reserve flights on the other airline and win and use frequent leaflet programs.

Geraghty, who took the reins in JetBlue February of the yeartold staff that if the carrier assesses his job plans, he will continue to call on new front -line employees and provide other positions, including a new director for the United Partnership, “given its importance for our company”.

JetBlue has invested massively in Upper class seats In an effort to win travelers wishing to make follies during their trips. The service note said that she was still planning to equip some of her planes with her first national class and build airport fairs.

“These are the constituent elements of a stronger jetblue, and they remain in motion,” said Geraghty.