JetBlue sees Q4 revenue down 3%-7%

Sees Q4 capital expenditures $450M. Sees Q4 available seat miles down 4%-7%. Sees Q4 CASM 13%-15%. Sees Q4 fuel price per gallon $2.50-$2.65. Sees Q4 interest expense $155M-$165M. “Our number one goal remains returning to operating profitability, and growing our unit revenue is imperative to reach operating profitability. As underlying trends from the third quarter have broadly continued into the fourth quarter so far, we expect unit revenue growth to remain positive and sequentially consistent when adjusting for the CrowdStrike benefit in the third quarter and the negative impacts of Hurricane Milton and the election in the fourth quarter. As we look to 2025, I am encouraged by the backdrop for our revenue performance to continue improving, particularly as additional JetForward initiatives begin yielding benefits,” said Marty St. George.