JetBlue Projects Profit Hit From Excess Latin Market Capacity

JetBlue A321neo at LAX
Credit: Joe Pries
Due primarily to elevated capacity pressure in Latin markets, JetBlue Airways has lowered its full-year guidance and is no longer expecting breakeven profitability in 2024. Industry capacity in Latin leisure markets has increased over 60% since 2019, JetBlue president Marty St. George told investors...

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