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Shares of JetBlue Airways rose as much as 9.5% after it raised its third quarter revenue forecast by 1%, when it previously predicted a fall of 1.5% as its best-case scenario. Read the full story here: https://t.co/f45WYyYDVp https://t.co/z7ElQ9EC4C
JetBlue Airways raised its third-quarter revenue forecast as the company benefited from efforts to streamline operations, strong summer travel and demand from travelers seeking alternatives due to a global cyber outage https://t.co/V8dpdcdqXM https://t.co/oEZ4Em9HkX
Shares for JetBlue Airways were on the rise after the airline bumped up its capacity and revenue guidance for the third quarter https://t.co/vzdZCeTmSD https://t.co/vzdZCeTmSD
JetBlue Airways has raised its third-quarter revenue forecast, citing strong summer travel demand and improved bookings, particularly in Latin America. The airline now expects revenue to range from a 2.5% decline to a 1% increase year-over-year. This adjustment comes after the carrier benefited from re-booking passengers from rival airlines affected by a technology outage in July. Additionally, the updated guidance includes better cost expectations and capacity guidance. Following the announcement, JetBlue’s stock surged 6% in premarket trading.