JETBLUE AIRWAYS

JetBlue raised its forecast for revenue per available seat mile (RASM) for Q3 2026 to 17–20% year over year, a significant upward revision from the range issued at the end of July. At the same time, the airline narrowed its capacity outlook to 1.5–3.5% growth, signaling a priority on revenue quality over volume. JetBlue also increased its unit cost excluding fuel (CASM ex-fuel) estimate to 6–8% due to weather-related operational disruptions. The news prompted a moderate premarket share gain as stronger demand was seen as a positive for the turnaround story. » More on de.investing.com

JetBlue raised its RASM outlook for Q3 2026 to +17–20%, but sees higher fuel and operating costs, causing the stock to fall. CASM ex-fuel is now expected at +6–8% (previously 2.5–4.5%), the fuel price per gallon rises to an estimated $3.96 (previously $3.49). Capacity guidance was cut to +1.5–3.5%, capex reduced to around $275 million; travel demand remains strong. » More on de.investing.com

JetBlue confirmed the immediate resignations of Jesse Lynn and Steven Miller from the board after a 2024 agreement tied board seats to a minimum stake held by Icahn Enterprises. The resignations suggest Icahn Enterprises no longer meets the required threshold. After the departures, the board has 11 members, ten of whom are independent. » More on de.investing.com