JetBlue's wider Q3 loss

Business · Heat 3.4 / 10 · 2 shows · 6m airtime

JetBlue reported third-quarter results on October 26, 2026: a loss of 60 cents a share versus 55 cents expected and revenue of $2.81 billion, just shy of estimates, with jet fuel up 57 percent year over year to $3.91 a gallon. The company recaptured 87 percent of the fuel increase through higher fares and guided fourth-quarter fuel to $4.64 a gallon, up 85 percent. Shares then surged 18 percent after JetBlue said it expects wider fourth-quarter margins. The discussion centers on whether its $7.5 billion in unencumbered assets and 2028 targets can hold off creditor pressure.

How 2 podcasts covered it

1. Closing Bell, 2026-10-26 (20:15 to 24:05)
   Breaks down the fuel recapture and debt load
   LeBeau walks through JetBlue's quarter: the wider-than-expected loss, fuel up 57 percent with 87 percent recaptured through fares, and fourth-quarter fuel guided up 85 percent. The hosts press on the missing fuel assumption behind the 2028 targets and the thin market cap against $8 billion to $9 billion of debt.
   New angle: JetBlue recaptured 87 percent of its jet fuel increase through higher fares.
2. Closing Bell, 2026-10-27 (39:19 to 40:26)
   Reports JetBlue's 18% surge on margins
   Rounds up the day's earnings movers and lands on JetBlue's 18% surge after it guided to wider fourth-quarter margins, framing it as higher fares offsetting fuel. A new market reaction the card did not have.
   New angle: JetBlue shares surged 18% after it said it expects wider fourth-quarter margins.
3. Marketplace, 2026-10-27 (16:20 to 17:13)
   Reads JetBlue's closing gain on its forecast
   Reads the day's closing numbers, including JetBlue up just under 19% on its upbeat profit forecast - a slightly higher figure than the 18% already on the record, with no new development.