The airline posted an adjusted net loss of $58 million, or 16 cents per share, beating analyst estimates of a 34-cent loss. Revenue totaled $2.36 billion, down 3% year over year, but above Wall Street’s expectation of $2.27 billion.
The company’s adjusted operating margin improved to 1.3%, marking a return to profitability after posting a negative margin in the previous quarter. On a GAAP basis, JetBlue reported a net loss of $74 million, or 21 cents per share.
Also Read: Top Wall Street Forecasters Revamp JetBlue Airways Expectations Ahead Of Q2 Earnings
CEO Joanna Geraghty said the company exited the first half of 2025 with meaningful progress on its multi-year JetForward plan, citing operational investments that improved on-time performance by three percentage points year over year and drove a double-digit increase in customer satisfaction. “Despite facing an uncertain economic backdrop, we met or exceeded our financial targets,” Geraghty said.
JetBlue’s capacity in the second quarter declined 1.5% from the year-ago period, while total operating expenses fell 0.9% to $2.4 billion.
Operating expense per available seat mile, excluding fuel (CASM ex-fuel), rose 6.0% year over year. However, due to continued cost control initiatives, it remained below the high end of ...
