Reports Q3 revenue $2.37B, consensus $2.34B. Q3 system capacity decreased by 3.6% year-over-year. Average fuel price in Q3 was $2.67 per gallon. “We met or exceeded all of our financial targets for the third quarter and progressed on the implementation of our JetForward strategy, sustaining the momentum we established in the second quarter,” said Joanna Geraghty, JetBlue’s (JBLU) chief executive officer. “Thanks to our crewmembers’ efforts and our improved operational performance in the third quarter, we saw a double digit increase in customer satisfaction year-over-year. I am proud to lead this incredible team, particularly as they continue to deliver the JetBlue experience in the face of operational challenges like Hurricanes Helene and Milton.”
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