EX-99.1 2 ex991-earningsreleaseq12026.htm EX-99.1 Document Ex 99.1 - Earnings Release JETBLUE ANNOUNCES FIRST QUARTER 2026 RESULTS Delivered strong RASM growth of 6.5% driven by resilient demand and solid execution in a challenging environment Taking decisive actions to mitigate elevated fuel costs with focus on capacity, revenue opportunities and cost control NEW YORK (April 28, 2026) - JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for the first quarter of 2026. "We delivered a strong first quarter, with revenue performance exceeding our expectations, driven by resilient consumer demand and an appreciation for JetBlue's industry-leading customer offering," said Joanna Geraghty, JetBlue’s chief executive officer. "Demand trends strengthened as the quarter progressed, supporting improved yields, even in the face of a challenging operational environment. " "While the macro environment, particularly fuel, has become more volatile, we are taking decisive actions to manage what is within our control, including adjusting capacity, optimizing revenue, and maintaining disciplined cost control. At the same time, we are seeing clear evidence that …
Open exhibit ↗Current Report · Items 2.02, 7.01, 9.01 · 8-K
JetBlue Airways Corporation
JBLUNASDAQEQUITYCurrent
Results of Operations and Financial Condition · Regulation FD Disclosure
Item 2.02 Results of Operations and Financial Condition. On April 28, 2026, we issued a press release announcing our financial results for the first quarter ended March 31, 2026. A copy of the press release is attached to this report as Exhibit 99.1 and is incorporated herein by reference.…
Company context
JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando and San Juan. JetBlue, known for its low fares and great service, carries customers to more than 100 destinations throughout the United States, Latin America, the Caribbean, Canada and Europe. For more information and the best fares, visit jetblue.com.
Current securities
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item 7.01Item 7.01 - Regulation FD Disclosure
Filed exhibits (2)
EX-99.2 3 ex992-investorupdateq12026.htm EX-99.2 Document Ex 99.2 - Investor Update Investor Update: April 28, 2026 This update provides JetBlue's investor guidance for the second quarter ending June 30, 2026 and full year 2026. Second Quarter 2026 Outlook Estimated 2Q 2026 ─────────────────────────────────────────────────────────────────────── Capacity and Revenue Available Seat Miles ("ASMs") Year-Over-Year 1.5% - 4.5% RASM (1) Year-Over-Year 7.0% - 11.0% Expense CASM Ex-Fuel (2) Year-Over-Year 3.0% - 5.0% Fuel Price per Gallon (3) $4.13 - $4.28 Capital Expenditures ~$275 million Full Year 2026 Outlook Estimated FY 2026 Capital Expenditures (4) ~$800 million Our estimated effective tax rate is ~6% for the second quarter 2026, primarily reflecting a non-cash impact from a valuation allowance included in our forecasted annual effective tax rate. (1) RASM outlook implies 30 to 40% fuel recapture. (2) Non-GAAP financial measure; refer to Note A for further details on non-GAAP for…
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