A JetBlue Airways aircraft prepares to take off from Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida on January 31, 2024.
Joe Reddell | Getty Images
JetBlue Airways The airline told employees on Tuesday it was canceling a number of routes, the latest step by the airline to cut costs after a failed acquisition. spirit airlines and a Pratt & Whitney Engine problems have grounded some of its Airbus planes.
A memo to employees seen by CNBC showed the airline will reduce frequency from Los Angeles International Airport to 24 flights per day from about 34, focusing on profitable transcontinental routes that include Mint business class. Cuts include flights from Los Angeles to San Francisco; Seattle; Miami; Las Vegas; Reno, Nevada; and Puerto Vallarta, Mexico.
JetBlue will also stop flights to Bogota, Colombia; Quito, Ecuador; Lima, Peru; and flights to Kansas City, Missouri, in June, as well as Fort Lauderdale, Florida, along with Austin, Atlanta, and Nashville. and Salt Lake City and between New York and Detroit.
“As aircraft availability decreases and we need to improve financial performance more than ever, every route is The right to stay in the network must be earned.”
JetBlue said that in addition to transcontinental flights, it will focus on “primary” routes along the East Coast and those serving Caribbean resorts.
Chief Executive Joanna Geraghty takes over a month after activist investor Carl Icahn revealed last month that he took a nearly 10% stake in the airline and won two board seats , she faces growing pressure to cut expenses and return the airline to profitability.
JetBlue had already begun a cost-cutting program before Icahn took a stake, saying in January that it expected to cut $200 million in expenses by the end of the year. The airline cut some other routes earlier this year, CNBC reported.
The changes announced Tuesday will not affect JetBlue’s planned capacity this year, which is expected to drop to single digits starting in 2023, the memo said.
JetBlue is charting its path as an independent airline after a judge blocks its planned takeover spirit airlines in January. JetBlue walked away from the deal entirely earlier this month.Last year, another judge dismissed the American airlines In the Northeast.