JetBlue raises revenue outlook, trims third-quarter capacity

JetBlue Airways raised its third-quarter revenue forecast and trimmed capacity plans. Revenue per available seat mile is now expected to increase 17% to 20%, up from a prior range of 12.5% to 16.5%. Available seat miles are projected to grow 1.5% to 3.5% year over year, down from earlier guidance of 3% to 6%.

Demand held up despite summer storms in the Northeast and air traffic control constraints, the airline said. Those pressures pushed cost per available seat mile excluding fuel to an expected 6% to 8% increase, roughly double the previous forecast of 2.5% to 4.5%.

JetBlue may sell one of its Airbus A321XLR aircraft currently in storage to help offset higher costs and fuel expense. The carrier originally ordered 13 XLRs in 2019 by converting existing orders but announced in 2025 that it would sell its first two when delivered. The second is due in the third quarter. A finance executive said last year that inducting the two XLRs would create a costly orphan fleet.

The airline's transatlantic flights have mostly used Mint-equipped A321s. It also intends to introduce a domestic first class on aircraft without Mint later this year.