JetBlue Airways Corporation (NASDAQ: JBLU) on Tuesday announced financial results for the fourth quarter of fiscal 2025, reporting a wider net loss.
The airline’s fourth-quarter operating revenue declined 1.5% year-over-year to $2.24 billion. The top line came in slightly above expectations. Operating revenue per available seat mile increased 0.2% year-over-year, while capacity (Available Seat Miles) decreased 1.6% during the three months.
The company reported a net loss of $177 million or $0.48 per share for the December quarter, compared to $44 million or $0.13 per share in the prior-year quarter. Adjusted for special items, Q4 loss was $0.49 per share, compared to a loss of $0.21 per share in Q4 2024.
For the first quarter of fiscal 2026, management expects available seat miles to rise 0.5% – 3.5% year-over-year. For the full fiscal year, the capacity growth forecast is 2.5% to 4.5%.
JetBlue’s chief executive officer, Joanna Geraghty, said, “In the first full year of JetForward, we made measurable progress improving reliability, strengthening customer satisfaction, and advancing our strategic priorities, even amid a challenging operating environment. While macroeconomic uncertainty impeded our return to profitability in 2025, we have proof points JetForward is working and positioning us for improved financial performance in 2026.”