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Jetblue 2024 what’s going on

Old 04-23-2024 | 04:01 PM
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Originally Posted by MTAGA
keep hoping for a miracle. He who hesitates is lost.

He’s not wrong. People do want a miracle, which would be turning this thing around in the quarter following a major leadership change. They haven’t even stopped flying the cancelled LAX and SA routes. Maybe let their changes have a chance to make a difference?
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Old 04-23-2024 | 04:03 PM
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Originally Posted by BusBoi
To be somewhat fair, re: Latin America, I know AA dropped their NY to Colombia routes in the last couple years (first Cali and Medellin, the Bogota). They also dropped NY to Chile. So maybe Latin America is underperforming in general. But they also added NY to Mexico City and Monterrey.

Both United and Delta both cited weakness in Latam flying.
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Old 04-23-2024 | 04:37 PM
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Originally Posted by MergingTargets
No, the guidance was "near breakeven" for 2024. Now it's more like "nowhere near breakeven." And did anyone else notice the E190 is now "end of 2025" instead of summer?
I didn't see anything about the "nowhere near" part. We'll have to see how the summer plays out, but they never projected a profit this year. Look at the hole they have to dig out of. Robin put this airline in a bad spot. I have no idea how this plays out, but it's not all doom and gloom because of the 1st quarter earnings call. Now if they're still not seeing a path to profitability by the 4th quarter of this year, we're fuqed.
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Old 04-23-2024 | 04:45 PM
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Originally Posted by knewyork
He’s not wrong. People do want a miracle, which would be turning this thing around in the quarter following a major leadership change. They haven’t even stopped flying the cancelled LAX and SA routes. Maybe let their changes have a chance to make a difference?
I wasn’t saying he was right or wrong. Just pointing out that hope isn’t a strategy. A lot of people here are just hoping things work out. Good luck!
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Old 04-23-2024 | 05:02 PM
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Originally Posted by MTAGA
I wasn’t saying he was right or wrong. Just pointing out that hope isn’t a strategy. A lot of people here are just hoping things work out. Good luck!
Where did I say anything about hope being a strategy? I said this earnings call wasn't anything surprising. Give another 6 months and we'll have a better idea. You can't turn this mess around in 2 months. Joanna seems to be making moves. Time will tell, but what the fuq else you want us to do besides hope or leave lol? We move airplanes. They run the company.
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Old 04-23-2024 | 05:20 PM
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Originally Posted by gottagetout
I didn’t realize this was delayed….when did this come out?
In Ursula's email today plus on today's earnings call. I suspected it though because in the last company-wide pocket session, someone asked when in May is investor Day and Ursula replied "well investor day was planned for May 30th" then she stopped there. No elaboration on why it's a "WAS" or when is the new date.

I guess she saved that part for today. We are JB, of course it's delayed.
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Old 04-23-2024 | 05:21 PM
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Originally Posted by jetpilot87
I believe the buy is the 30th. I was going to hold through the original investor day in May, but now that it is postponed until the fall, I'm considering selling right away. Not sure how much good news is going to come our way this year until then.
Yeah, exactly my thought. I'm selling immediately and put that money somewhere else.
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Old 04-23-2024 | 05:26 PM
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Well they didn't announce furloughs... tomorrow is another day.
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Old 04-23-2024 | 05:28 PM
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Originally Posted by Roy Biggins
Where did I say anything about hope being a strategy? I said this earnings call wasn't anything surprising. Give another 6 months and we'll have a better idea. You can't turn this mess around in 2 months. Joanna seems to be making moves. Time will tell, but what the fuq else you want us to do besides hope or leave lol? We move airplanes. They run the company.
Based off of the stock markets reaction to earnings, yes it was surprising or it would’ve been baked in to the share price. Unless you know more than every Wall Street analyst.
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Old 04-23-2024 | 06:04 PM
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Originally Posted by MTAGA
Based off of the stock markets reaction to earnings, yes it was surprising or it would’ve been baked in to the share price. Unless you know more than every Wall Street analyst.
https://www.airliners.net/forum/sear...14113&sr=posts

Read the JB pertenant posts. This poster knew/knows more than the Wall Street analyst.
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