10:11 AM EDT, 03/17/2026 (MT Newswires) -- JetBlue Airways ( JBLU ) raised its Q1 unit revenue and cost outlook and lowered its year-over-year capacity guidance citing two major winter weather events in January and February, the company said Tuesday in a filing with the US Securities and Exchange Commission.

The carrier now expects Q1 operating revenue per available seat mile to be up 5% to 7% year-over-year from 0% to 4% previously. Quarterly cost per available seat mile was raised to 6.5% to 7.5% year-over-year from 3.5% to 5.5% previously.

JetBlue Airways ( JBLU ) said it now expected Q1 available seat miles to fall 2% to 1% year-over-year from its previous expectation of a growth between 0.5% to 3.5%.

The company raised its Q1 fuel price per gallon guidance to $3.01 to $3.06 from $2.27 to $2.42 previously and lowered its capital expenditure outlook to $175 million from $200 million, previously.

Shares of the company were up 3.5% in Tuesday trading.

Price: 4.40, Change: +0.14, Percent Change: +3.17