JetBlue Revenue Outlook Improves as Travel Strengthens Into Fall
Passengers board a JetBlue airplane at Licenciado Gustavo Diaz Ordaz International Airport in Puerto Vallarta, Mexico.
Photographer: Cesar Rodriguez/BloombergJetBlue Airways Corp. said third-quarter revenue will be better than its original expectations on improved summer travel demand that extended through the recent Labor Day holiday and could carry through the end of 2025.
Revenue from each seat flown a mile will decline 1.5% to 4% from a year ago for the three months ended Sept. 30, compared with the airline’s previous forecast for a drop of as much as 6%, JetBlue said in a regulatory filing on Thursday. The improvement resulted from an increase in tickets being bought less than 14 days before travel that are usually more expensive.