JetBlue Q3 net loss narrows to $60 million from $153 million; revenue up 0.5%
JetBlue reported third-quarter 2024 GAAP net loss of $60 million, or $0.17 per share, versus $153 million, or $0.46 per share, a year earlier, on operating revenue of $2.4 billion, up 0.5%. The company also guided to fourth-quarter 2024 revenue down 3.0% to 7.0% year over year and full-year 2024 revenue down 4.0% to 5.0%, so shareholders face a narrower loss alongside weaker revenue expectations for the rest of the year.
Key points
- Q3 2024 operating loss of $38 million, versus $156 million in Q3 2023; operating margin of (1.6)%
- Q3 2024 operating revenue of $2.365 billion, up 0.5%; fuel expense fell 16.8% to $584 million
- Q4 2024 revenue guided to (7.0)% to (3.0)% year over year; full-year 2024 revenue guided to (5.0)% to (4.0)%
- Company cites $2.6 billion in cash and cash equivalents at September 30, 2024, up from $1.2 billion at December 31, 2023
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.