Robin Hayes

JetBlue Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, October 31, 2023

Operating revenue of $2.4 billion for the third quarter of 2023, down 8.2% year-over-year.

Key Points: 
  • Operating revenue of $2.4 billion for the third quarter of 2023, down 8.2% year-over-year.
  • Operating expenses per available seat mile ("CASM") for the third quarter of 2023 decreased 3.3% year-over-year.
  • Operating expense per available seat mile, excluding fuel and related taxes, other non-airline operating expenses, and special items ("CASM ex-Fuel") for the third quarter of 2023 increased 5.9% (1) year-over-year.
  • Average fuel price in the third quarter of 2023 of $2.94 per gallon, including hedges.