JetBlue Raises Revenue Outlook on Strong Travel Demand

JetBlue Airways raised its third-quarter seat revenue outlook due to steady travel demand despite rising fuel prices and weather disruptions. The carrier now expects higher unit costs and reduced capacity for the quarter.

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Branding for JetBlue Airlines is seen at the Farnborough International Airshow, in Farnborough, Britain, July 22, 2024. REUTERS/Toby Melville

JETBLUE AIRWAYS CORP raised its third-quarter seat-revenue outlook on Thursday morning, pointing to steady demand despite higher ticket prices. The carrier's shares rose 3% in morning trading following the announcement.

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