JetBlue Cuts Flights, Parks Some Jets As Weak Travel Demand Deepens Profit Woes
JetBlue Cuts Flights, Parks Some Jets As Weak Travel Demand Deepens Profit Woes JetBlue Airways CEO Joanna Geraghty told employees in an internal memo obtained by CNBC that the airline is implementing new cost-cutting measures as softer-than-expected travel demand makes achieving break-even margins increasingly unlikely this year. “We’re hopeful demand and bookings will rebound, but even a […]
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