JetBlue Improves Revenue Guidance on Buoyant Air-Travel Demand
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JetBlue has improved its revenue guidance due to strong air-travel demand. The company now expects its fourth-quarter 2024 average fuel cost per gallon to be between $2.40 and $2.50, down from the previous estimate of $2.50 to $2.65.
December 05, 2024 | 6:15 pm
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JetBlue has revised its revenue guidance upwards due to strong demand in air travel. The company also lowered its expected fuel costs for Q4 2024, which could positively impact its profitability.
The upward revision in revenue guidance indicates strong demand, which is a positive signal for JetBlue's financial performance. Additionally, the reduction in expected fuel costs suggests improved cost management, likely enhancing profitability.
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