JetBlue Cutting Costs After Plan to Boost Revenue Pays Off

Updated on
  • Carrier sees as much as $300 million in savings by 2020
  • Efficiency is ‘critical component’ of business model, CFO says
Photographer: Michael Nagle/Bloomberg

JetBlue Airways Corp. plans to reduce annual costs by as much as $300 million by 2020 after efforts to boost revenue over the past two years have done better than the company expected.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.