JetBlue Airways is implementing broad cost-cutting measures, including reducing flights, pausing upgrades to its aircraft, and cutting internal spending, as it struggles to regain profitability.

JetBlue Airways is planning new cost-cutting measures such as reducing flights and parking aircraft, as soft travel demand makes achieving a breakeven operating margin in 2025 "unlikely", according to an internal memo seen by Reuters.

JetBlue Airways CEO Joanna Geraghty wrote in a memo that the struggling carrier will be further cutting unprofitable routes among other cost-cutting measures amid weak travel demand, a report said.