JBLU is trading at $4.66, down 8.3%, after reporting fourth-quarter 2025 results that included an adjusted loss of 49 cents per share, missing analyst expectations.
- Operating income swung to a $100 million loss from a $17 million profit year-over-year, contributing to a net loss of $177 million.
- The JetForward cost-reduction initiative delivered $305 million in incremental EBIT in 2025, exceeding the $290 million target, though macroeconomic uncertainty weighed on profitability.
- Management expects mid-single digit aircraft groundings in 2026 due to Pratt & Whitney engine issues, adding to near-term operational headwinds.