JetBlue warns December travel demand falls below expectations

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JetBlue Airways announced in a filing Tuesday that its revenue is expected to take a hit in the fourth quarter after demand during December 'materialized below expectations.'

, continues to "see a growing appetite for JetBlue’s unique customer value proposition of low fares and great service."

"Throughout the [third] quarter, strong leisure and VFR [visiting friends and relatives] demand trends carried through the peak summer and into the fall trough period. We see that continuing here in the fourth quarter, and we’re confident in the demand backdrop for the year-end holiday peaks. For the fourth quarter, we expect unit revenue to increase between 15% and 19% year over three," JetBlue said in its third quarter press release.

Operating revenues rose 60% to $6.7 billion for the nine months ended Sept. 30. The net loss widened to $386 million from $53 million year-over-year. Ground operations crew members unload baggage from a JetBlue Airways Corp. Airbus Group SE A320 aircraft on the tarmac at Long Beach Airport in Long Beach, California, U.S., on Monday, April 25, 2016.

 

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No, some of JetBlue staff is falling below expectations as in JFK staff, too young, customer service below expectations. Consistency would help. In staffing and planes. Always delayed for repairs. Send a survey, you’ll get some answers.

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