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JetBlue raises third-quarter fuel price forecast to $3.96/gallon

JetBlue Airways expects to pay $3.96 per gallon for fuel in the third quarter, up from its prior forecast of $3.49. The company attributed the change to elevated prices amid the Iran war, while stating travel demand remains strong.

JBLU

49. The airline said higher fuel costs reflect elevated prices tied to the Iran war, while travel demand remains strong.