JetBlue Airways Corp. issued its second warning in as many months, saying revenue this quarter will come in at the low end of its forecast and that its fuel costs are higher than expected.
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JetBlue cuts revenue forecast due to weather disruptions, staffing gapsAirlines 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.
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New IMF funds for Sri Lanka may face delay after review sees revenue shortfallBy Uditha Jayasinghe COLOMBO (Reuters) -The International Monetary Fund did not reach a staff-level agreement with Sri Lanka in its first review under a ...
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US senator wants JetBlue CEO to answer if Spirit deal will hike air fares(Reuters) - Democratic Senator Elizabeth Warren asked JetBlue CEO Robin Hayes to answer if the low-cost airline privately forecast its planned $3.8 ...
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Accenture forecasts first-quarter revenue below estimates(Reuters) - IT services firm Accenture forecast first-quarter revenue below Wall Street targets on Thursday, as a tough economy forces clients to defer ...
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CarMax quarterly revenue slips on slow used vehicle demand(Reuters) - CarMax on Thursday posted lower quarterly revenue amid tepid demand for preowned vehicles. The company posted second-quarter net revenue of ...
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