JetBlue Airways lifted its outlook for fourth-quarter sales, saying that demand for travel is holding up and bookings have accelerated into the holidays.
The airline is forecasting a 4% to 7% drop in fourth-quarter sales from a year ago, compared with a previous forecast for a sales decline of 6.5% to 10.5%. For the full year, JetBlue is targeting sales growth of 4% to 5%, compared with a prior outlook of 3% to 5% growth.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8