JetBlue revenue forecast gets lift from strong demand, outage-linked bookings

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American Airlines (AAL) Shares +3.33% Today, BofA Comments on Capacity Changes

September 9, 2024 1:30 PM EDT

American Airlines (NASDAQ: AAL)

The analyst comments "Downward capacity adjustments are continuing into 2025 this week as network carriers begin to moderate growth. DAL lowered system capacity by 90/150/190bps in Dec/Jan/Feb, driven by domestic capacity (lowered by 150/220/280bps). UALs schedules also... More

JetBlue (JBLU) lifts Q3 revenue forecast after solid summer performance

September 5, 2024 7:41 AM EDT

JetBlue Airways (NASDAQ: JBLU) shares are up around 5% premarket Thursday after the airline raised its Q3 2024 revenue outlook on Thursday, citing a strong summer travel season and improved operational performance.

The airline reported that on-time performance increased by about ten percentage points year-over-year, thanks to its intensified focus on reliable service as... More