Investing.com — JetBlue Airways Corp (NASDAQ:) has raised its revenue expectations for the fourth quarter, sending its shares rising more than 5% in Wednesday’s premarket trade.
The airline now forecasts revenue to decline by 2% to 5% year-over-year, an improvement from its previous estimate of a 3% to 7% drop.
Capacity, measured in available seat miles, is expected to decrease by 4.5% to 6.5%, compared to the earlier projection of a 4% to 7% decline. JetBlue maintains its capital…
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