JetBlue shares tumble roughly 20% after disappointing outlook

JetBlue Airways’ stock dropped on Tuesday after the airline’s financial outlook disappointed investors.

The airline forecast a cost increase of up to 10% this quarter, excluding fuel, and estimated revenue could be up to 3.5% higher or as much as 0.5% lower compared to the same period last year.

This came as larger competitors Delta and United projected higher revenue growth, CNBC has reported.

read more: https://www.cnbc.com/2025/01/28/jetblue-shares-tumble-roughly-20percent-after-disappointing-outlook.html

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