JetBlue Airways (JBLU) reported second-quarter 2026 operating revenue of $2.7 billion, up 14.5% year over year. The airline posted a GAAP net loss of $247 million, or $0.66 per share basic and diluted.
JetBlue said second-quarter RASM rose 10.9% year over year, supported by demand across products and geographies. The company re-established its full-year 2026 outlook and introduced a 2028 EPS target of at least $1.00 per share.
- Second-quarter system capacity increased 3.2% year over year.
- Average fuel price was $4.23 per gallon, up $1.83 year over year.
- Capital expenditures, including predelivery deposits, totaled $234 million in the quarter.
- Through June 2026, JetForward generated $470 million of cumulative incremental EBIT.
- Full-year 2026 outlook calls for RASM growth of 10.0% to 12.5% and ASM growth of 1.5% to 3.5%.
- JetBlue expects JetForward annual incremental EBIT benefits of about $1.2 billion in 2028.
