JetBlue Airways CEO Joanna Geraghty told staff the carrier is further cutting costs as softer travel demand makes break-even operating margins in 2025 unlikely.

The Department of Justice (DOJ) blocked Spirit Airlines' merger with JetBlue in order to preserve competition in the domestic airline industry. Now, it looks like Spirit may go under. In July 2022, ...

Low-cost carrier Spirit Airlines expresses substantial doubt about continuing operations within 12 months after debt ...

This budget airline's financial struggles, which have only increased in recent years, started several years ago shortly after ...

Spirit Airlines, JetBlue Airways and Frontier Airlines last posted annual profits in 2019, while larger carriers have returned to profitability.

JetBlue Airways is estimating it will save about $3 billion by deferring 44 Airbus A321 airplanes through 2029, opting to extend some aircraft leases. The New York carrier posted a surprise profit ...