JetBlue Airways — Third Quarter 2026 Earnings Summary

JetBlue Airways reported a net loss of $257 million for the third quarter of 2026, driven by a 21.1% year-over-year increase in operating revenue to $2.8 billion and a 19.4% rise in operating expenses per available seat mile largely due to higher fuel costs. Despite the loss, the airline achieved an 18.4% growth in revenue per available seat mile and recaptured approximately 87% of its increased fuel expenses through resilient demand and improved yields. Fort Lauderdale operations saw nearly 15% RASM growth with capacity expanding over 65%, while the company maintains $2.2 billion in liquidity and expects further margin expansion in the fourth quarter.