JetBlue’s fourth-quarter results beat expectations, but the outlook for a key revenue metric was below forecasts.

JetBlue is executing a cost-cut strategy of cutting unprofitable routes, deferring aircraft deliveries and pricing premium seats. It was also reported by CNBC that the airline has already offered senior pilots voluntary early retirement packages as part of the restructuring.

The president’s push against diversity programs has led many big employers to announce rollbacks, but others are defending the initiatives as good for business.

The New York-based carrier announced what it's calling the EvenMore experience, a refreshed type of extra-legroom seat located at the front of its economy cabins.

UBS analyst Thomas Wadewitz revised the price target on JetBlue Airways (NASDAQ:JBLU) shares, reducing it to $5.00 from the previous target of $5.50. Despite the adjustment, the firm continues to recommend a Sell rating for the airline's stock.

JetBlue’s unit revenue guide implied deceleration year over year despite all the changes it has been making,” offered Melius Research analyst Conor Cunningham.

Unit costs in 2025 will rise as much as 7% excluding fuel, the airline said Tuesday in a statement, outpacing analysts’ estimates on higher spending for compensation and aircraft maintenance. JetBlue shares fell as much as 18% as markets opened in New York, their biggest slump since Aug. 12.

JetBlue’s earnings results for the last quarter were better than analysts’ expectations to lose $0.29 per share. The company did miss its revenue target as year-over-year sales dropped by -2.1%. This marks five out of six quarters of declining revenue as JetBlue focuses on a balance sheet turnaround.

Airlines hope to meet the traveler demand for premium flying, whether by offering more roomier seats in economy or upgrading higher-tier classes.

Southwest's CEO Bob Jordan said "our hearts go out" to people on the American Airlines flight involved in Wednesday night’s midair collision with a helicopter in the nation’s capital.

US airlines had gone 16 years without a fatal crash until Wednesday night. But as impressive as that safety record had been, there have been warning signs in recent years of a significant risk of a collision like the one that just killed 67 people.

A downbeat outlook tarnished an otherwise strong quarter for Southwest, which topped profit estimates on robust holiday travel.