JetBlue Airways Company (NASDAQ: JBLU) introduced monetary outcomes for the fourth quarter of 2024, reporting a internet loss amid a year-over-year decline in revenues.
The corporate reported a internet lack of $44 million or $0.13 per share for the December quarter, in comparison with a lack of $104 million or $0.31 per share in the identical interval of 2023. On an adjusted foundation, loss per share was $0.21, in comparison with a lack of $0.19 per share final 12 months.
At $2.28 billion, fourth-quarter income was down 2% year-over-year, reflecting a lower in passenger revenues. Through the quarter, capability decreased 5.1%.
“Waiting for 2025, we’re laser-focused on executing JetForward and constructing on the momentum from 2024. Whereas this 12 months won’t come with out its challenges, our technique is in place to deal with these obstacles head-on,” mentioned Joanna Geraghty, JetBlue’s CEO.