08:09 AM EDT, 09/04/2025 (MT Newswires) -- JetBlue Airways ( JBLU ) said Thursday for its third quarter ending Sept. 30, it expects Operating Revenue per Available Seat Mile to contract between 4% to 1.5%, down from its earlier outlook of 6% to 2% reduction.

The company said that demand for air travel remained strong throughout the summer peak and momentum from earlier in the summer carried forward into August and through the Labor Day holiday, both of which were marked by strength for bookings within 14-days of travel.

It added that it continues to focus on improving reliability, strong operational performance in August contributed to better-than-expected revenue performance.

JetBlue ( JBLU ) further highlighted its capital expenditure during the third quarter is expected to be approximately $325 million from the earlier outlook of $375 million.

It added that its non-fuel unit costs benefitted from strong August operational performance and continued execution on cost initiatives. Additionally, fuel prices have declined since the previous guidance update, further improving projected operating expenses, it noted.