JetBlue to cut flights as carrier says 'unlikely' to break even in 2025 due to weaker travel demand
1. JetBlue implements cost-cutting measures including flight reductions due to economic uncertainty. 2. CEO Geraghty doubts reaching break-even margin amid ongoing financial strain. 3. Company will shift to more profitable routes while winding down underperforming ones. 4. JetBlue hasn't been profitable since the pandemic onset; 2020 loss was $1.4 billion. 5. Despite cuts, JetBlue continues to invest in frontline crew compensation and other areas.