JetBlue raises Q2 RASM outlook to 9%-12% growth

• JetBlue lifted second-quarter 2026 guidance on stronger travel demand, citing a 99.8% completion factor quarter-to-date.
• RASM now seen up 9%-12% year over year, versus prior view of 7%-11%.
• Capacity growth forecast at 2%-4% in ASMs, compared with 1.5%-4.5% previously.
• Fuel price outlook raised to USD 4.26-4.36 per gallon; JetBlue expects to recapture 40% or more of higher fuel costs.
• Capital expenditures cut to about USD 225 million from about USD 275 million; CASM ex-fuel outlook unchanged at up 3%-5%.

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