JBLU · Jetblue Airways Corp
Price & Indicators
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted operating margin non-GAAP | -5.2% | Three Months Ended June 30, 2026 | — |
| Adjusted pre-tax margin non-GAAP | -10.1% | Three Months Ended June 30, 2026 | — |
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| Airbus A220 aircraft | 65 | As of June 30, 2026 | — |
| Airbus A320 aircraft | 129 | As of June 30, 2026 | — |
| Airbus A321 aircraft | 102 | As of June 30, 2026 | — |
| Average fuel price | $4.23 | second quarter of 2026 | — |
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| Basic excluding special items and gain on investments non-GAAP | -$0.66 | Three Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Basic -$0.66
+$0 Special items
+$0 Income tax benefit related to special items
+$0 Gain on investments, net
+$0 Income tax expense related to gain on investments, net
= Basic excluding special items and gain on investments -$0.66
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| Capital Expenditures | $850M | Estimated FY 2026 | — |
| Capital expenditures, including predelivery deposits | $234M | second quarter of 2026 | — |
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| Card acquisitions growth | 40% | 2Q26 | — |
| CASM | 17% | second quarter of 2026 | — |
| CASM ex-Fuel non-GAAP | 2.4% | second quarter of 2026 | — |
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| CASM ex-Fuel YOY Growth non-GAAP | 2.4% | 2Q26 | — |
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| Cumulative incremental JetForward EBIT | $470M | Through June 2026 | — |
| Diluted excluding special items and gain on investments non-GAAP | -$0.66 | Three Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Diluted loss per share -$0.66
+$0 Special items
+$0 Income tax benefit related to special items
+$0 Gain on investments, net
+$0 Income tax expense related to gain on investments, net
= Diluted excluding special items and gain on investments -$0.66
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| Interest Expense | $590M | Estimated FY 2026 | — |
| JetForward Incremental EBIT | $310M | FY2026 | +1.6% |
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| Loss before income taxes excluding special items and gain on investments non-GAAP | -$272M | Three Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Loss before income taxes -$271M
+$0M Special items
-$1M Gain on investments, net
= Loss before income taxes excluding special items and gain on investments -$272M
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| Loyalty cash remuneration | 21% | second quarter of 2026 | — |
| Loyalty remuneration YoY | 21% | 2Q26 | — |
| Loyalty revenue | 13% | second quarter of 2026 | — |
| Main Cabin RASM | 11% | second quarter of 2026 | — |
| Net loss excluding special items and gain on investments non-GAAP | -$247M | Three Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net loss -$247M
+$0M Special items
+$0M Income tax benefit related to special items
-$1M Gain on investments, net
+$1M Income tax expense related to gain on investments, net
= Net loss excluding special items and gain on investments -$247M
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| New premium card acquisitions | 40% | second quarter of 2026 | — |
| Operating fleet (total aircraft) | 296 | As of June 30, 2026 | — |
| Operating income (loss) excluding special items non-GAAP | -$141M | Three Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Operating income (loss) -$141M
+$0M Special items
= Operating income (loss) excluding special items -$141M
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| Operating revenue per available seat mile (RASM) | 10.9% | second quarter of 2026 | — |
| Premium RASM | 13% | second quarter of 2026 | — |
| RASM YOY Growth | 10.9% | 2Q26 | — |
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| System capacity | 3.2% | second quarter of 2026 | — |
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| Total operating expenses excluding special items non-GAAP | $2.84B | Three Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Total operating expenses $2.84B
+$0M Special items
= Total operating expenses excluding special items $2.84B
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| Aircraft utilization (hours per day) | 9.4 | Three Months Ended March 31, 2026 | — |
| Available seat miles (ASMs) | 15.34B | Three Months Ended March 31, 2026 | — |
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| Average fare | $219.49 | Three Months Ended March 31, 2026 | — |
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| Average fuel cost per gallon | $2.96 | Three Months Ended March 31, 2026 | — |
| Average number of full-time equivalent crewmembers | 19,447 | Three Months Ended March 31, 2026 | — |
| Average number of operating aircraft during period | 289 | Three Months Ended March 31, 2026 | — |
| Average stage length | 1,303 | Three Months Ended March 31, 2026 | — |
| Departures | 72,520 | Three Months Ended March 31, 2026 | — |
| Fuel efficiency (ASMs per fuel gallon) | 79 | Three Months Ended March 31, 2026 | — |
| Fuel gallons consumed | 193M | Three Months Ended March 31, 2026 | — |
| Fuel price per gallon | $2.96 | 1Q26 | — |
| Liquidity | $2.4B | 1Q26 | — |
| Load factor | 82.2% | Three Months Ended March 31, 2026 | — |
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| Operating expense per ASM | 16.06 | Three Months Ended March 31, 2026 | — |
| Operating expense per ASM, excluding fuel non-GAAP | 12.21 | Three Months Ended March 31, 2026 | — |
| Operating revenue per ASM | 14.6 | Three Months Ended March 31, 2026 | — |
| Passenger revenue per ASM | 13.35 | Three Months Ended March 31, 2026 | — |
| Revenue passenger miles (RPMs) | 12.61B | Three Months Ended March 31, 2026 | — |
| Revenue passengers | 9.33M | Three Months Ended March 31, 2026 | — |
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| Unencumbered assets | $6B | First quarter 2026 | — |
| Yield per passenger mile | 16.24 | Three Months Ended March 31, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Airlines — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
JBLU
this stock
Jetblue Airways Corp
|
$1.92B | +9.7% | -2.3% | — | 25.5% |
|
DAL
Delta Air Lines, Inc.
|
$54.99B | +19.7% | +4.0% | 13.9 | 3.4% |
|
UAL
United Airlines Holdings, Inc.
|
$37.27B | +2.7% | +3.2% | 10.8 | 6.4% |
|
RYAAY
Ryanair Holdings PLC
|
$29.41B | -21.5% | — | — | 0.5% |
|
LUV
Southwest Airlines Co
|
$20.05B | -1.6% | +3.7% | 25.9 | 5.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| JBLU | +1.8% | -12.8% | +9.4% | -17.3% | +9.7% |
| SPY | -0.4% | +5.0% | +12.4% | +2.6% | +12.3% |
| vs SPY | +2.2% | -17.8% | -3.0% | -19.8% | -2.7% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.