Earnings ·
JetBlue Airways reported a net loss of $247 million for the second quarter ended June 30, 2026, compared to a $74…
JBLUJetblue Airways Corp
JetBlue Airways reported a net loss of $247 million for the second quarter ended June 30, 2026, compared to a $74 million loss in the prior year period. Operating revenue increased 14.5% year-over-year to $2.7 billion, driven by a 10.9% increase in revenue per available seat mile (RASM). The airline re-established its full-year 2026 outlook, projecting 1.5% to 3.5% capacity growth and 10.0% to 12.5% RASM growth, with an estimated fuel price of $3.49 per gallon. Management introduced a long-term financial target of at least $1.00 earnings per share for 2028, supported by expected annual incremental EBIT of approximately $1.2 billion from its JetForward transformation strategy. JetBlue operates as a low-cost carrier serving domestic, Latin American, Caribbean, and European destinations.