JetBlue Q2 revenue up 14.5% to $2.7B; fuel costs surge 76%; introduces 2028 EPS target of at least $1.00

JETBLUE AIRWAYS CORP

2026-Q2 EPS reported -$1.51 revenue$4,937,000,000

Q2 operating revenue $2.7B (+14.5% YoY); RASM +10.9% YoY; CASM ex-fuel +2.4% YoY.
Average fuel price $4.23/gal (+76% YoY); recaptured nearly 50% of higher fuel costs.
JetForward cumulative incremental EBIT $470M through June; on track to $850-950M annual by end 2027.
Introduced 2028 EPS target of at least $1.00/share, assuming $3.00/gal fuel.
Q3 guidance: RASM +12.5-16.5% YoY, CASM ex-fuel +2.5-4.5%, adjusted operating margin -2% to -5%.

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