Question

What are the most 3 important challenges that JetBlue is facing now?

Answer 1

Three(3) important challenges that JetBlue is facing now :

1. Operations : JetBlue has been often known to be worse off in terms of operations, viz. flight durations, delays, etc. It has been a low-cost carrier but risks losing its customers as on-time performances do matter these days.
2. Revenue hit due to pandemic : The airlines industry as a whole has come to a halt for atleast two to three months during the extended lockdown owing to the Covid19 pandemic. Sales would have definitely taken a big hit and its operational costs added with zero revenue would have resulted in huge margins of losses reflecting on its decreasing stock prices.
3. High labor costs : The JetBlue workforce has also stressed for unionization over the years, which implies an eventual demand for higher labor costs viz. pilot salaries, cabin crew wages,etc. To counter these high costs, JetBlue had increased fees on checked bags by a noticeable margin. This might detoriate customer satisfaction and affect generating decent revenue.