JBLU ▼ -3.0% - JetBlue Airways Corporation $JBLU Raises Q3 RASM outlook to +17-20% y/y (prior: +12.5-16.5%); Cuts ASM growth outlook to +1.5-3.5% y/y (prior: +3-6%); CASM ex-Fuel now +6-8% y/y (prior: +2.5-4.5%) - filing - Comments: Demand for travel has remained strong throughout the third quarter, with healthy booking trends continuing into September across both peak and off-peak travel periods. Additionally, the Company has observed no meaningful signs of elasticity, reinforcing our confidence in the underlying demand environment. JetBlue raised its Q3 revenue per available seat mile (RASM) outlook to 17-20% year-over-year growth from a prior range of 12.5-16.5%, citing strong demand and healthy booking trends through September with no signs of price elasticity. However, the airline simultaneously cut its available seat mile (ASM) growth outlook to 1.5-3.5% from 3-6% and raised unit costs excluding fuel to 6-8% from 2.5-4.5%, reflecting higher operating expenses that offset the benefit of stronger pricing power. 10-SEP-2026 07:11 AM ET