JetBlue Airways Files 8-K
Ticker: JBLU · Form: 8-K · Filed: Jun 3, 2024 · CIK: 1158463
| Field | Detail |
|---|---|
| Company | Jetblue Airways CORP (JBLU) |
| Form Type | 8-K |
| Filed Date | Jun 3, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.01, $2.85, $2.95, $2.98, $3.13 |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulatory, filing
Related Tickers: JBLU
TL;DR
JBLU filed a standard 8-K, no new info yet.
AI Summary
JetBlue Airways Corp. filed an 8-K on June 3, 2024, to report current information as required by the SEC. The filing does not contain specific details about material events, instead serving as a notification of ongoing reporting obligations.
Why It Matters
This filing indicates JetBlue is fulfilling its regulatory reporting requirements. It does not contain new material information for investors at this time.
Risk Assessment
Risk Level: low — This is a routine regulatory filing with no new material information disclosed.
Key Players & Entities
- JETBLUE AIRWAYS CORP (company) — Registrant
- 000-49728 (company) — SEC File Number
- 87-0617894 (company) — I.R.S. Employer Identification No.
- June 3, 2024 (date) — Date of Report
FAQ
What is the purpose of this 8-K filing for JetBlue Airways Corp.?
The purpose of this 8-K filing is to report current information as required by Section 13 or 15(d) of the Securities Exchange Act of 1934, with the earliest event reported being June 3, 2024.
What is JetBlue Airways Corp.'s principal executive office address?
JetBlue Airways Corp.'s principal executive offices are located at 27-01 Queens Plaza North, Long Island City, New York 11101.
What is JetBlue Airways Corp.'s telephone number?
JetBlue Airways Corp.'s telephone number, including area code, is (718) 286-7900.
Under which state is JetBlue Airways Corp. incorporated?
JetBlue Airways Corp. is incorporated in Delaware.
Does this 8-K filing disclose any specific material events?
This filing is a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 and does not appear to disclose specific material events beyond the reporting obligation itself.
Filing Stats: 1,682 words · 7 min read · ~6 pages · Grade level 14.8 · Accepted 2024-06-03 07:01:04
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value JBLU The NASDAQ Stock Market
- $2.85 — 7.5% Fuel Price per Gallon (3), (4) $2.85 - $2.95 $2.98 - $3.13 Capital Expendi
- $2.95 — Fuel Price per Gallon (3), (4) $2.85 - $2.95 $2.98 - $3.13 Capital Expenditures Un
- $2.98 — rice per Gallon (3), (4) $2.85 - $2.95 $2.98 - $3.13 Capital Expenditures Unchange
- $3.13 — Gallon (3), (4) $2.85 - $2.95 $2.98 - $3.13 Capital Expenditures Unchanged ~$550
- $550 million — $3.13 Capital Expenditures Unchanged ~$550 million (1) Previous guidance as of April 23,
Filing Documents
- jblu-20240603.htm (8-K) — 42KB
- jblu-20240603_g1.jpg (GRAPHIC) — 86KB
- 0001158463-24-000015.txt ( ) — 365KB
- jblu-20240603.xsd (EX-101.SCH) — 2KB
- jblu-20240603_lab.xml (EX-101.LAB) — 21KB
- jblu-20240603_pre.xml (EX-101.PRE) — 12KB
- jblu-20240603_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. JetBlue Airways Corporation ("JetBlue" or the "Company") announced today an operational and financial update of its expected second quarter 2024 results. JetBlue has maintained strong operational performance quarter-to-date with a completion factor of approximately 99%. The Company continues to experience healthy overall demand trends, in-line with expectations. Better operational performance is driving solid cost execution in the second quarter, and is further supported by recent trends in jet fuel prices, which have declined over the quarter. The table below provides JetBlue's updated investor guidance for the second quarter ending June 30, 2024. Second Quarter 2024 Outlook Current Guidance Previous Guidance (1) Capacity and Revenue Available Seat Miles ("ASMs") Year-Over-Year (4.0%) - (2.0%) (5.0%) - (2.0%) Revenue Year-Over-Year (9.5%) - (6.5%) (10.5%) - (6.5%) Expense CASM Ex-Fuel (2) Year-Over-Year 5.0% - 7.0% 5.5% - 7.5% Fuel Price per Gallon (3), (4) $2.85 - $2.95 $2.98 - $3.13 Capital Expenditures Unchanged ~$550 million (1) Previous guidance as of April 23, 2024. (2) Non-GAAP financial measure; refer to Note A for further details on non-GAAP forward looking information. (3) Includes fuel taxes, hedges and other fuel fees. (4) JetBlue utilizes the forward Brent crude curve and the forward Brent crude to jet crack spread to calculate the unhedged portion of its current quarter. Fuel price is based on forward curve as of May 24, 2024. Forward Looking Information This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exc