0813 ET - JetBlue's strong 4Q results are being overshadowed by a dim outlook for the first three months of 2025. The airline is guiding for revenue per available seat mile, a measure of how well airlines drive revenue from capacity, to rise no more than 3.5% and potentially tick down by half a percentage point. Analysts polled by FactSet had been forecasting a 4.9% increase. JetBlue expects total carrying capacity to be down 2% to 5% for the quarter, in line with analyst expectations for a 3.7% decline. JetBlue drops 8.2% to $7.43 premarket. (dean.seal@wsj.com)
(END) Dow Jones Newswires
January 28, 2025 08:14 ET (13:14 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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