JetBlue Airways (JBLU) Misses Q1 EPS by 5c
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JetBlue posts quarterly loss, scales back Airbus orders
May 7, 2020 7:19 AM EDTBy Tracy Rucinski
(Reuters) - JetBlue Airways Corp (NASDAQ: JBLU) on Thursday posted a $268 million quarterly loss as the coronavirus pandemic hurt air travel demand, and cut its order book with Airbus SE (NYSE: AIR) by about 34% through 2022 to save $1.1 billion in aircraft spending.
Under a delivery schedule set on May 7, JetBlue said it now plans to receive a total of 40 Airbus SE (NYSE: AIR) jets through 2022, down... More
