03.06.2024 15:05:52 - dpa-AFX: JetBlue Revises Q2 Revenue, Capacity Outlook; Stock Up In Pre-market

WASHINGTON (dpa-AFX) - JetBlue Airways Corp. (JBLU) on Monday revised its
second-quarter outlook, now expecting revenue to decline 6.5 percent to 9.5
percent, compared to previously expected drop of 6.5 percent to 10.5 percent.

Capacity, in terms of available seat miles or ASMs, are now expected to drop 2
percent to 4 percent, compared to previously expected decline of 2 percent to 5
percent.

JetBlue said it continues to experience healthy overall demand trends, in-line
with expectations. According to the firm, better operational performance is
driving solid cost execution in the second quarter, and is further supported by
recent trends in jet fuel prices, which have declined over the quarter.

JetBlue further has maintained strong operational performance quarter-to-date
with a completion factor of approximately 99 percent.

In pre-market activity on the Nasdaq, JetBlue shares were gaining around 3
percent to trade at $5.75.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
JETBLUE AWYS CORP. DL-,01 541867 Frankfurt 5,236 26.06.24 08:24:03 -0,179 -3,31% 0,000 0,000 5,236 5,415

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