earnings
confidence high
sentiment positive
materiality 0.80
JetBlue Q4 RASM +0.2% vs guide; JetForward $305M EBIT; FY26 guides to breakeven op margin
JETBLUE AIRWAYS CORP
2025-FY EPS reported
-$1.66
revenue$9,062,000,000
- Q4 revenue $2.2B (-1.5% YoY); RASM +0.2% (guidance -4% to flat); CASM ex-fuel +6.7%.
- JetForward delivered $305M incremental EBIT in 2025, exceeding $290M target.
- FY2026 guidance: ASM +2.5-4.5%, RASM +2-5%, CASM ex-fuel +1-3%, adjusted op margin breakeven or better.
- Capex reduced ~$3B vs 2023; FY26 capex ~$900M; fuel price assumed $2.17-2.37/gal.
- Blue Sky partnership with United launched; loyalty program rated #1 by J.D. Power.