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JetBlue announces schedule cuts, losses

Old 03-18-2020, 08:40 AM
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Default JetBlue announces schedule cuts, losses

JetBlue announces schedule cuts, calls financial losses "stunning"

From CNN’s Greg Wallace

JetBlue announced today that it will make a 40% cut to its schedule as it weathers damage to the aviation industry from the coronavirus.

The company called the financial losses “stunning."
“Last year on a typical day in March we took in about $22 million from bookings and ancillary fees. Throughout this March, our sales have fallen sharply and in the last several days we have taken in an average of less than $4 million per day while also issuing over $20 million per day of credits to customers for canceled bookings," JetBlue said.The company said some executives will take a 50% pay cut.
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Old 03-18-2020, 10:18 AM
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Originally Posted by AirBear View Post

JetBlue announces schedule cuts, calls financial losses "stunning"

From CNN’s Greg Wallace

JetBlue announced today that it will make a 40% cut to its schedule as it weathers damage to the aviation industry from the coronavirus.
.
Do you have a link to this on CNN? Couldn't find the article.
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Old 03-18-2020, 10:53 AM
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Originally Posted by HighFlight View Post
Do you have a link to this on CNN? Couldn't find the article.

Company e-mail?
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Old 03-18-2020, 10:58 AM
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Originally Posted by PSU Flyer View Post
Company e-mail?
I have no idea, that is why I asked. Haven't turned on my iPad in over a week.
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Old 03-18-2020, 05:00 PM
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Originally Posted by HighFlight View Post
I have no idea, that is why I asked. Haven't turned on my iPad in over a week.

Sounds good to say?
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Old 03-19-2020, 02:05 AM
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Originally Posted by HighFlight View Post
I have no idea, that is why I asked. Haven't turned on my iPad in over a week.
You may want to.
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