JetBlue Q4 2025 ops update: ASM growth cut ~1 point from hurricane and FAA shutdown

JETBLUE AIRWAYS CORP

Demand healthy in Q4; bookings in-line except during FAA emergency order causing shutdown cancellations.
Hurricane Melissa and shutdown cancellations reduce ASM growth by ~1 point; non-fuel unit cost up 1 point.
FAA airworthiness directive on A320-family jets; JetBlue completed software updates, resumed normal ops.
Directive reduced Q4 ASM growth by ~0.25%; financial impact still under evaluation.

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