secwatch.observer — SEC 8-K summary
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Issuer:     JETBLUE AIRWAYS CORP (JBLU)
CIK:        0001158463
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001158463-26-000060
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158463/000115846326000060/0001158463-26-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158463/000115846326000060/jblu-20260424.htm
  HTML page:      https://secwatch.observer/filing/0001158463-26-000060

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer