---
schema_version: "secwatch.filing_event.v1"
accession: "0001158463-26-000060"
form_type: "8-K"
ticker: "JBLU"
cik: "0001158463"
company_name: "JETBLUE AIRWAYS CORP"
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T02:43:56.545186+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# JetBlue Q1 revenue up 4.7% to $2.2B; Q2 fuel outlook $4.13-$4.28/gal, up ~40%

## Summary
- Q1 revenue $2.2B (+4.7% YoY); RASM +6.5%; capacity -1.7% YoY; CASM ex-fuel +6.6% with ~4 pts from disruptions.
- Q2 fuel price guided $4.13-$4.28/gal (vs Q1 $2.96); fuel recapture only 30-40% in Q2, targeting 100% by early 2027.
- Reducing H2 capacity by at least 2-3 pts vs prior plan; Q2 capacity lowered nearly 1 pt vs close-in expectations.
- Executed $500M aircraft-backed financing (can upsize $250M); repaid $325M convertible notes; liquidity $2.4B.
- JetForward on track for $310M incremental EBIT in 2026; FLL RASM +5% on 23% capacity growth; loyalty cash +19%.

## SEC filing metadata
- accession: 0001158463-26-000060
- form_type: 8-K
- ticker: JBLU
- cik: 0001158463
- company_name: JETBLUE AIRWAYS CORP
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1158463/000115846326000060/0001158463-26-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1158463/000115846326000060/jblu-20260424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001158463-26-000060
- JSON: https://secwatch.observer/filing/0001158463-26-000060.json
- Plain text: https://secwatch.observer/filing/0001158463-26-000060.txt

## Key facts
- Earnings Releases
  JETBLUE AIRWAYS CORP reported first quarter ended March 31, 2026 results: revenue $2.2 billion.
  - Period: first quarter ended March 31, 2026
  - Revenue: $2.2 billion
  - Result: reported results
  source text: Financial Results • First quarter 2026 system capacity decreased by 1.7% year-over-year, within our revised guidance (1) range of down 2.0% to down 1.0%. • Operating revenue of $2.2 billion for the first quarter of 2026, an increase of 4.7% year-over-year. • Operating revenue per available seat mile ("RASM") increased 6.5% year-over-year, near the better end of our
  evidence_url: https://www.sec.gov/Archives/edgar/data/1158463/000115846326000060/0001158463-26-000060-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.