JetBlue Airways (JBLU) shares soared Tuesday after the carrier posted an unexpected 🌟profit as it cut some unprofitable routes and said it would delay jet purchases.

The company reported second-quarter 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $0.07, when the average of analysts surveyed by Visible Alpha was for a loss of $0.14. Operating revenue was down 6.9% year-over-year to $2.43 billion, but that beat forecasts.

Sha🃏res were up 17% to $6.94 around 2 p.m. ET Tuesday, and are now about 25% higher this year.

CEO Highlights 'More Significant Network Changes' in Q2

澳洲幸运5开奖号码历史查询:Chief Executive Officer (CEO) Joanna Geraghty noted the company made "more significant network changes" during the period, while president Marty St. George said that JetBlue is "actively reinvesting in our core geographies in New York, New England, Florida and Puerto Rico, while exiting routes and BlueCities that don't meet our financial hurdle rate." St. George added 𒀰the carrier will have "additional initiatives" this year aimed at boosting results.

JetBlue said it is targeting $800 million to $900 million in incremental 澳洲幸运5开奖号码历꧙史查询:earnings before interest a♋nd taxes (EBIT) in 2027.

The airline also said that it has "entered into an amended delivery schedule" with Airbus to delay shipments of 44 Airbus A321neo planes originally scheduled for 2025 to 2029. Those have now been moved to 2030 and beyond. That’s estimated to hold off about $3 billion in capital outlays.