JetBlue reported second quarter 2026 revenue of $2.7 billion and a diluted loss per share of $0.66, which was narrower than analyst expectations. The results were driven by strong travel demand and disciplined cost management as part of the company's turnaround plan.
Key Highlights
- Revenue per Available Seat Mile (RASM) increased 10.9% year-over-year, landing near the high end of the company's revised guidance range.
- Cost per Available Seat Mile excluding fuel (CASM ex-Fuel) rose 2.4% year-over-year, outperforming the midpoint of revised guidance by 1.6 percentage points.
- The company re-established its full-year 2026 outlook and introduced a long-term financial target of at least $1.00 in earnings per share for 2028.