In slides being presented on its Q1 earnings conference call, JetBlue (JBLU) said it continues to expect Spirit (SAVE) acquisition to close no later than 1H24. JetBlue said it has "continued confidence" in its FY earnings outlook. Expects quarterly CASM ex-fuel to step up later in the year. Fuel is currently hedged ~23% of planned FY23 consumption, JetBlue added.
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