Jetbu Airways CEO Joanna Gerghati told the staff that the carrier is implementing a host of new cost cuts as soft-to-prepared Travel demand This year is making a break-even operating margin “unlikely.”

“We are hoping that demand and booking will be rebound, but even a recovery will not completely offset the land that we have lost this year and our path for profitability will take us longer than expected. It means that we are still trusting the cash borrowed to run the airline,” Gerghi said in a note that was seen by the CNBC on Monday.

Jetbu did not comment immediately.

JETBLUE will cut forward-and-trim unnecessary routes. It will also stop plans to resume and park four of their old Airbus A320 jets with new interiors, while six remaining jets for renewal are still on track for next year, Gerghati wrote.

The carrier is also assessing its recruitment plans and according to the memo, can add some leadership roles and curb travel expenses.

Last month, Jetbu announced New partnership with United Airlines This will allow customers to book flights on each other airline and use and use frequent flying programs.

Gerghati, who took over the reins in Jetb February last yearEmployees told that when the carrier is assessing its recruitment plans, it will continue to bring new frontline employees and filling other positions, including a new director for United Partnership, “Given its importance for our business.”

Jetbu has invested heavily Premium class seats In an attempt to win passengers wishing to spread on their trips. Memo said it is still planning to prepare some of its aircraft with its first domestic class and build a lounge of the airport.

“These are a strong Jetbu building blocks, and they live in motion,” said Gerghati.