U.S. company Baker Hughes invests heavily in liquefied natural gas (LNG) and data center demand through a $13.6 billion deal with Chart Industries.

JetBlue Airways, the low-cost American carrier, recently reported a net loss of $74 million for Q2 2025, a significant decline from a net income of $25 million in Q2 2024. The earnings per share turned negative at -$0.21 compared to a positive $0.07 last year.

Despite the loss, JetBlue delivered an operating profit of about $6 million, outperforming analyst expectations for earnings per share, which had predicted a deeper loss. The company’s adjusted operating margin was 1.3% for the quarter.

Total operating revenues decreased by around 3-3.8% year-over-year to approximately $2.36-$2.4 billion, and system capacity was down 1.5%. JetBlue's president, Marty St. George, stated that demand for air travel improved as the quarter progressed, with significant strength for bookings within 14-days of travel and for peak travel periods.

The momentum of improved demand continued into July, according to JetBlue's president. The expected decline in third-quarter revenue per available seat mile (RASM) remains between two and six percent. The carrier's operating revenue for the same period was $2.18 billion, lower than the analysts' average expectation of $2.28 billion.

JetBlue highlighted ongoing strategic efforts under its JetForward plan, with incremental EBIT gains of $90 million in the first half of 2025 and cumulative gains reaching $180 million since inception. The carrier expects improvements relating to aircraft grounded due to engine issues, projecting fewer grounded aircraft through 2025 and beyond, and anticipates fully resolving these challenges by the end of 2027.

In comparison with competitors like Delta and United Airlines, JetBlue’s Q2 performance with a net loss contrasts with generally stronger results from these larger legacy carriers. Delta and United typically report higher revenues and profits, benefiting from larger networks and diversified operations, although their specific Q2 2025 figures are not provided here.

JetBlue's reinstated its 2025 unit cost forecast, but no new information is provided about the stabilization of bookings, as previously signaled by larger peers Delta and United. Over the past month, these larger peers have signaled that bookings are stabilizing, though at lower-than-expected levels.

The cost-cutting measures and recovering demand for travel in the U.S. continue to contribute to JetBlue's financial performance. JetBlue's collaboration with United Airlines through the Blue Sky partnership raises its incremental EBIT target by $50 million to a range of $850-950 million by 2027.

In summary, JetBlue's Q2 2025 results reveal ongoing challenges relative to strong legacy competitors, but its strategic initiatives and partnerships aim to drive future profitability and growth.

| Metric | JetBlue Q2 2025 | Delta / United (General Comparison) | |----------------------------|---------------------------------|---------------------------------------------| | Net Income | -$74 million (net loss) | Generally positive net income | | Earnings Per Share | -$0.21 | Usually positive EPS | | Revenue | ~$2.36-$2.4 billion (3-3.8% decline) | Higher revenue, trend typically stable or growing | | Operating Profit | $6 million | Usually significantly higher | | Capacity | Decreased by 1.5% | Usually stable or growing capacity | | Strategic Outlook | JetForward gains, Blue Sky collaboration boosts future targets | Strong expansion and international focus |

The aviation industry's financial performance is diverse, with JetBlue Airways reporting a net loss of $74 million in Q2 2025, contrasted by the generally stronger results from larger competitors like Delta and United Airlines.
JetBlue's Q2 2025 earnings per share turned negative at -$0.21, while competition like Delta and United Airlines usually report positive EPS.
Despite the reported net loss, JetBlue continues to focus on strategic initiatives such as the Blue Sky partnership with United Airlines, aiming to boost incremental EBIT to a range of $850-950 million by 2027.

U.S. company Baker Hughes invests heavily in liquefied natural gas (LNG) and data center demand through a $13.6 billion deal with Chart Industries.