JetBlue cuts revenue forecast due to weather disruptions, staffing gaps

Planes resume flights following an FAA system outage at Laguardia Airport in New York

(Reuters) – U.S. carrier JetBlue Airways warned on Thursday it expects third-quarter revenue to be at the low end of its prior forecast due to a bigger hit from weather-related disruptions and gaps in air traffic control staffing.

The airline also said that close-in leisure bookings during September were lower than expected.

Airlines have struggled with adverse weather and shortages of air traffic controllers this year. JetBlue’s CEO had earlier this month told Reuters the carrier had to cut flights “because the system can’t cope with the number of flights.”

The twin disruptions are expected to push up costs in the third quarter, JetBlue said on Thursday.

The airline also joined peers in bumping up its third-quarter fuel cost forecast to approximately $2.95 per gallon, up from its prior range of $2.75 to $2.90 per gallon due to a significant rise in crude oil prices.

(Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Arun Koyyur)

Ad: Save every day with Amazon Deals: Check out today's daily deals on Amazon.

Related posts

Spirit Christmas expands New Jersey holiday pop-ups with new 2025 locations including Toms River

Flight attendant age discrimination suit moves forward in New Jersey court against United Airlines

Judge tosses inmate’s civil rights suit against Gov. Murphy over confinement claims