JetBlue to Reduce Flights Amid Weaker Travel Demand Concerns
JetBlue Airways is implementing cost-cutting measures due to weakened travel demand amid economic uncertainty. The airline has announced it will reduce flights, especially on Tuesdays and Wednesdays, and wind down underperforming routes. In a note to staff, CEO Joanna Geraghty stated that reaching a break-even operating margin in fiscal 2025 is “unlikely” due to the … Read more