JetBlue Airways Raises Second Quarter Fuel Cost Forecast

Glonghui, June 2 | Affected by disruptions caused by the blockade of the Strait of Hormuz, aviation fuel prices have continued to rise, prompting JetBlue Airways to raise its second-quarter fuel cost forecast. The company now expects fuel costs to be between $4.26 and $4.36 per gallon, up from the previous forecast of $4.13 to $4.28. It has also raised its revenue per available seat mile growth forecast to 9% to 12%, compared to the previously projected range of 7% to 11%.