JetBlue Airways (JBLU, Financial) saw its stock surge over 11.2% to $6.74. The company updated its fourth-quarter guidance, reflecting better-than-expected performance in November and strong demand in December.
JetBlue now anticipates a revenue decline of 2% to 5% for the quarter, an improvement from the previous forecast of a 3% to 7% drop. The airline also expects available seat miles to decrease by 4.5% to 6.5%, compared to the earlier estimate of a 4% to 7% reduction. Additionally,…
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