JetBlue Wounded As Airlines Pour Capacity Into Latin American Leisure Markets
A JetBlue aircraft prepares to board passengers in Grenada in February 2022.. (Photo by Robert ... [+] Nickelsberg)Getty ImagesIn the first quarter, the airline industry’s excessive capacity expansion in Latin America leisure markets slightly wounded Delta and United. But it decimated JetBlue results.Excluding one-time items, JetBlue reported a first quarter loss of 2.21 billion. In the same quarter a year earlier, the net loss was $111 million. ...