BUSINESSQUARTZ
JetBlue posted a wider loss but beat Wall Street as fuel costs soared
JetBlue reported a wider loss but exceeded Wall Street's expectations. The airline reinstated its full-year outlook as higher demand allowed it to recover more fuel costs than anticipated.
Related Signal
Adjacent reporting
- JetBlue to Deepen Cost Cuts as Quarterly Loss Widens
- JetBlue raised its summer fuel forecast and lifted its revenue outlook
- Air travelers see higher prices despite lower oil costs
- US carriers spent $6.5B on fuel in April; global profit forecast is cut nearly in half
- US carriers spent $6.5B on fuel in April; global profit forecast is cut nearly in half