JetBlue Airways - statistics & facts
JetBlue Airways is a low-cost U.S. carrier headquartered in Long Island, New York, and based out of John F. Kennedy International Airport. Ranked by passenger traffic, JetBlue was among the leading low-cost carriers worldwide as well as the seventh largest domestic airline in the United States, accounting for approximately five percent of the domestic market between March 2023 and February 2024. The company also maintains corporate offices in Orlando, Florida and Cottonwood Heights in Utah. The airline now flies to over 100 destinations throughout North and South America as well as the United Kingdom.
Between 2019 and 2020, JetBlue's passenger number also slumped from approximately 42.7 million to 14.3 million due to the coronavirus pandemic. Subsequently, after easing the pandemic-related measures, the company's passenger traffic gradually grew, reaching approximately 42.5 million travelers in 2023. Nonetheless, it remained slightly below the passenger numbers recorded prior to the pandemic year.
Business performance
In the 2020 financial year, JetBlue's operating revenue fell by 63.5 percent from the previous year, reaching a low of 2.9 billion U.S. dollars, due to the COVID-19 pandemic. JetBlue saw significant improvement in the following years and even reached a new peak in the given period at slightly over 9.6 billion dollars in 2023. Similarly, following the coronavirus outbreak, JetBlue's operating expenses steadily grew, reaching a peak of roughly 9.85 billion dollars, resulting in a net loss of approximately 310 million dollars.Between 2019 and 2020, JetBlue's passenger number also slumped from approximately 42.7 million to 14.3 million due to the coronavirus pandemic. Subsequently, after easing the pandemic-related measures, the company's passenger traffic gradually grew, reaching approximately 42.5 million travelers in 2023. Nonetheless, it remained slightly below the passenger numbers recorded prior to the pandemic year.
