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JetBlue Airways (JBLU) has shared an update.
JetBlue Airways Corporation has reported a strong operational performance with a 99% completion rate and is witnessing healthy demand that meets expectations. The company’s solid execution on costs is attributed to improved operations and a favorable drop in jet fuel prices. Its updated financial outlook for the second quarter of 2024 reflects these positive trends, with revised guidance suggesting a narrower decrease in available seat miles and revenue year-over-year, as well as a slight improvement in non-fuel costs. These forward-looking statements, however, are subject to various risks and uncertainties that could impact actual results.
See more insights into JBLU stock on TipRanks’ Stock Analysis page.