JetBlue Raises Fuel Forecast, Lifts Revenue Outlook
JetBlue Airways has increased its fuel cost forecast for the second quarter, now expecting to pay between $4.26 and $4.36 per gallon, up from its previous estimate of $4.13 to $4.28. The airline also raised its revenue outlook for the period. The updated projections were announced in a filing, reflecting higher fuel prices and improved revenue expectations.
Key facts
- JetBlue raised its Q2 fuel cost forecast to $4.26-$4.36 per gallon.
- Previous fuel forecast was $4.13-$4.28 per gallon.
- The airline also lifted its revenue outlook for the second quarter.
- The announcement was made in a filing.
Entities
Institutions
- JetBlue Airways
Sources
- Quartz —