secwatch.observer — SEC 8-K summary
======================================

Issuer:     JETBLUE AIRWAYS CORP (JBLU)
CIK:        0001158463
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001158463-23-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JetBlue Q2 net income $138M; Q3 revenue guidance down 4%-8% YoY, adjusted EPS loss up to $0.20
--------------------------------------------------------------------------------

- Q2 GAAP net income $138M ($0.41 EPS); adjusted net income $152M ($0.45 EPS).
- Q2 revenue $2.6B (+6.7% YoY), a record quarter; capacity +5.8% YoY.
- Q3 guidance: revenue -8% to -4% YoY; adjusted EPS ($0.20)-$0.00; fuel $2.75-$2.90/gal.
- Full-year 2023 adjusted EPS outlook cut to $0.05-$0.40; NEA terminated; Spirit transaction ongoing.
- Fleet modernization yielded >50% of $75M savings; pilot contract adds ~3 pts to CASM ex-fuel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158463/000115846323000013/0001158463-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158463/000115846323000013/jblu-20230801.htm
  HTML page:      https://secwatch.observer/filing/0001158463-23-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer