Business

JetBlue posts bigger loss on fuel costs, but CEO says margins improving

CNBC·Oct 26, 2026 · 4:18 PM CT
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Readthrough summary

JetBlue posted a third-quarter net loss of $257 million, up from $143 million a year earlier, as its fuel bill rose 61% to $868 million. CEO Joanna Geraghty said resilient demand and strong yields let the airline recover more of the fuel cost than expected, and that momentum carried into the fourth quarter. Shares rose about 11% after hours after hitting a new low earlier Monday.

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