JetBlue said Thursday that it’s “going to have a hard time” dealing with hot issues after a series of hot-button announcements that have resulted in the airline struggling to get its planes ready for flights.CEO and co-founder Bill Barber told CNBC on Thursday that he “didn’t want to get ahead of the facts.”
The airline announced earlier this week that it will cut its monthly flight volume by 25% and will not fly on Monday, Tuesday, Wednesday or Thursday.
Barber said the company’s stock was on a “hot issue” that was “not helping” its bottom line.
The airline is currently trading at $18.94 a share.
The company also said Thursday it was “taking the hot problem” as its “first priority.”
The company did not say what hot issue it was referring to.
JetBlue is still in the process of determining how it will handle its backlog of orders for its new Boeing 787 Dreamliner jet, which will be the airline’s largest in terms of number of flights.
The jet is expected to be ready for flight on April 24.
The airline is facing pressure from customers who have complained about the new planes that have been delayed by months.
The carrier also faces pressure from airlines in Europe, which has had trouble finding planes.
The carrier said it is taking the hot-issue issue as its first priority.
The company said Thursday the airline is “going the extra mile” to get planes ready to fly.