JetBlue stock gains as company boosts revenue outlook on ‘very strong demand’ but notes fuel-cost pressures

Shares of JetBlue Airways Corp.

were rising about 2% in premarket trading Tuesday after the airline increased various aspects of its first-quarter outlook. The company now anticipates 8% to 9% growth in available seat miles relative to a year before, whereas its prior forecast was for 5.5% to 8.5% growth. JetBlue also now anticipates 32% to 35% revenue growth for the quarter, versus the 28% to 32% growth that management previously forecasted.

were rising about 2% in premarket trading Tuesday after the airline increased various aspects of its first-quarter outlook. The company now anticipates 8% to 9% growth in available seat miles relative to a year before, whereas its prior forecast was for 5.5% to 8.5% growth. JetBlue also now anticipates 32% to 35% revenue growth for the quarter, versus the 28% to 32% growth that management previously forecasted.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: Regional Bank Shares Tumble After Regulators Announce Silicon Valley Bank PlanRegional bank shares slid premarket and investors piled into the safety of bonds after regulators tried to limit the damage from Silicon Valley Bank's collapse creditscom creditscom creditscom
Source: WSJ - 🏆 98. / 63 Read more »