JetBlue Raises Third-Quarter Outlook
JetBlue Airways raised its third-quarter seat revenue outlook on steady travel demand despite facing higher fuel prices and operational disruptions. The carrier reported increased nonfuel unit costs and raised its expected fuel price per gallon.
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JETBLUE AIRWAYS CORP raised its third-quarter seat-revenue outlook on Thursday afternoon despite rising operational costs, sending its shares up 1.5% in midday trading. The carrier capitalized on resilient consumer demand despite fare hikes.
