JetBlue expects revenue to decline by 4% and 9% in 3Q2021

2 August, 2021

JetBlue Airways announced (30-Jun-2021) the following outlook for 3Q2021:

  • Expects capacity to be "flat" to -3% as compared to the same period in 2019;
  • Revenue is expected to decline between 4% and 9% in 3Q2021 as compared to the same period in 2019. It expects demand acceleration,
    which began in Feb-2021, to continue as larger portions of the US population become vaccinated against COVID-19 and travel advisories and restrictions begin to ease;
  • Expects operating expenses to increase by approximately 11% to 13% as compared to the same period in 2019. [more - original PR]