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

    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]
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