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JetBlue Stock Soars On Raised Revenue Guidance
JBLUJetBlue(JBLU) Investopedia·2024-09-05 17:42

Key TakeawaysJetBlue says its third-quarter revenue could grow as much as 1% year-over-year.The airline attributed the upgrade to increased bookings and improved operational performance this summer.Last month, JetBlue said it planned to raise more than $3 million in debt financing. JetBlue Airways (JBLU) shares rallied Thursday after the company raised its third-quarter revenue guidance. The airline in a regulatory filing said revenue could grow as much as 1% year-over-year thanks to improved operational pe ...