JetBlue Raises Third-Quarter Fuel Price Forecast

JetBlue raises seat revenue outlook but flags higher costs

JetBlue Airways raised its third-quarter seat-revenue outlook on Thursday despite ​higher-than-expected costs as demand has remained steady through fare hikes, ‌sending shares of the company up nearly 3% in morning trading.

JetBlue Raises Revenue Outlook, Cuts Capacity Growth

JetBlue trimmed its third-quarter capacity growth to 1.5%–3.5% from 3%–6% due to weather and Northeast air-traffic-control disruptions, even as it lifted its revenue outlook on strong bookings. The carrier also flagged higher fuel costs, aiming for about $3.96 per gallon in Q3, which alongside ongoing operational pressures kept non-fuel costs elevated despite resilient demand across peak and off-peak periods. · 15 sources across the spectrum on …