JetBlue Airways Corporation (NASDAQ:JBLU) stock gained after the company reported better-than-expected second-quarter 2024 results. The air carrier reported a second-quarter adjusted EPS of $0.08, above the consensus loss of $0.13, and compared to EPS of $0.45 reported a year ago. JetBlue reported operating revenue of $2.428 billion, down 6.9% year over year, beating the consensus of $2.397 billion. Second quarter system capacity decreased by 2.7% year over year. “In the second quarter, we continued to implement our JetForward strategy with the announcement of more significant network changes… As we progress through the second half of the year, we’ll be announcing additional initiatives designed to further enhance our customer value proposition, close the gap in our product offering to our peers, and drive significant financial benefit,” commented Marty St. George, JetBlue’sJetBlue’s president. The operating margin for the quarter declined 670 bps to 2.3%, and the adjusted ...