JetBlue CEO Reaffirms Profit Targets, Says Distressed Bonds Reflect a ‘Significant Disconnect’

Photo Credit: Joanna Geraghty CEO of JetBlue Airways speaking at Skift Aviation Forum in Fort Worth, Texas on December 3, 2025. Skift JetBlue executives said Tuesday they were confident that they would still be able to meet their long-term profit goals despite concerns about high fuel costs and the carrier’s mounting debt. CEO Joanna Geraghty said during a call with analysts that the carrier was starting to see the results of its turnaround strategy, known as JetForward, as travel demand remains high. The carrier is planning to focus more on growth in Fort Lauderdale and cut even more capacity to offset soaring fuel costs. JetBlue is expecting to pay $4.64 a gallon for fuel in the fourth quarter. “I think there is a significant disconnect between the narrative and the bond market and what our financial results are demonstrating,” Geraghty said. JetBlue reaffirmed its target to achieve operating profitability in 2027 and a goal of $1 in earnings per share by 2028 along with positive free cash f