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JetBlue Updates 2024 Revenue and CASM Guidance

JetBlue Airways, a prominent US-based low-cost carrier, has revised its 2024 financial guidance, signaling adjustments in both revenue expectations and cost metrics. The airline now anticipates a 3.5% to 4.5% decline in revenue for the fiscal year, an improvement from its initial projection of a 4% to 5% drop. Concurrently, the Cost per Available Seat Mile (CASM) excluding fuel is expected to rise by 7% to 7.5%, slightly narrowed from the prior forecast of 7% to 8%.

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