secwatch.observer — SEC 8-K summary
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Issuer:     JETBLUE AIRWAYS CORP (JBLU)
CIK:        0001158463
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001158463-23-000021
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JetBlue Q3 net loss $153M, revenue down 8.2% YoY; FY23 guidance lowered
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- GAAP net loss $153M ($0.46/share); adjusted net loss $129M ($0.39/share).
- Q3 operating revenue $2.4B, down 8.2% YoY; system capacity up 7.1%.
- Q4 outlook: revenue down 6.5-10.5% YoY; CASM ex-fuel up 8.5-10.5%.
- FY23 adjusted EPS loss revised to ($0.65)-($0.45); fuel $3.02-$3.07/gal.
- Structural cost program on track to deliver ~$70M savings in 2023, $150-200M run-rate by 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158463/000115846323000021/0001158463-23-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158463/000115846323000021/jblu-20231031.htm
  HTML page:      https://secwatch.observer/filing/0001158463-23-000021

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