JetBlue (JBLU) expects Q2 2026 RASM +9-12% Y/Y

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Iranian Foreign Minister Araghchi says for immediate attention, the ceasefire between Iran and the US is unequivocally a ceasefire on all fronts, including in Lebanon

UK CMA says there is "No evidence that retailers altered their pricing strategies to take advantage of the crisis", with reference to fuel prices amid the Middle East situation

JetBlue (JBLU) expects Q2 2026 RASM +9-12% Y/Y

Mediators are continuing to discuss the MoU between US and Iran; sources suggest that Trump made edits on Friday, and the US "changes were somewhat significant", CBS reports

Chevron's (CVX) Tengiz operations are reportedly close to normal; Tengizchevroil has resumed crude production after last week’s outage

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  • Demand for travel in Q2 has remained strong and consistent with trends observed earlier in year.
  • Routes previously operated by Spirit have demonstrated outperformance following Spirit's shutdown.
  • Continue to see positive demand trends across all cabins and geographies.
  • Now expect to recapture 40% or more of increased fuel costs in Q2.

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