JetBlue Expects Q2 2025 Available Seat Miles Year-Over-Year Decline Of (3.5%)-(0.5%)

Benzinga
Yesterday

Outlook

"In the first quarter we saw booking strength from January deteriorate into February and worsen into March," said Marty St. George, JetBlue's president. "We expect softened demand for off-peak travel to continue into the second quarter, where the booking curve is more exposed to macro uncertainty and deteriorating consumer confidence. That said, we are committed to our JetForward plan and are encouraged by the resiliency of premium, international, and loyalty revenues - core components of our long-term strategy."

Second Quarter and Full Year 2025 Outlook Estimated 2Q 2025 Estimated FY 2025
Available Seat Miles ("ASMs") Year-Over-Year (3.5%) - (0.5%) -
RASM Year-Over-Year (7.5%) - (3.5%) -
CASM Ex-Fuel (1), (2) Year-Over-Year 6.5% - 8.5% -
Fuel Price per Gallon (3), (4) $2.25 - $2.40 -
Interest Expense - ~$600 million
Capital Expenditures ~$400 million ~$1.3 billion

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