JetBlue updates Q2 2024 guidance; lowers fuel cost forecast to $2.85-$2.95/gal

JETBLUE AIRWAYS CORP

ASMs YoY narrowed to (4%)-(2%) from previous (5%)-(2%); revenue guidance unchanged at (10.5%)-(6.5%).
CASM Ex-Fuel YoY improved to 5.0%-7.0% from prior 5.5%-7.5%.
Fuel price per gallon lowered to $2.85-$2.95 from $2.98-$3.13; capex unchanged ~$550M.
Strong ops: completion factor ~99%; healthy demand in line with expectations.
Q2 operational performance and lower fuel prices driving solid cost execution.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.