Overview

• JetBlue revised its fourth-quarter revenue forecast, projecting a smaller decline of 2% to 5%, up from the previously estimated 3% to 7%.
• The airline also adjusted its full-year revenue decline projection to 3.5% to 4.5%, improving from the earlier range of 4% to 5%.
• A surge in domestic travel demand after the U.S. presidential election contributed to stronger-than-expected November and December bookings.
• JetBlue reported improved revenue performance during Thanksgiving week, citing strong operational execution and increased last-minute bookings.
• Shares of JetBlue jumped over 8% following the announcement, reflecting investor optimism over the airline's updated guidance.