JetBlue, facing financial challenges, reported a $104 million loss in the fourth quarter of 2023. The airline anticipates reduced capacity for 2024 due to rising costs and falling revenues. The new CEO is focused on leading the airline independently of Spirit. Additionally, JetBlue has introduced a new seat fee in an effort to improve profitability. Meanwhile, China's major airlines are expected to incur losses for the fourth consecutive year in 2024.
JetBlue introduces new seat fee as it seeks to boost profitability https://t.co/0A2gRBYEpX
China’s big airlines set for fourth straight lossmaking year https://t.co/RYF5C3UB9P
JetBlue’s new CEO looks ahead to running the airline without Spirit https://t.co/IucmOXLcOq
JetBlue loses $104 million in fourth quarter, predicts lower capacity for 2024 https://t.co/VFfxRYUeMB
JetBlue eyes deeper cuts as costs rise and revenues fall https://t.co/YLT9VmTwo7 https://t.co/FzKLbHh1d6