JetBlue Airways reported a smaller-than-expected adjusted loss for the second quarter, attributed to cost-cutting measures and improving U.S. travel demand. While bookings are stabilizing for larger competitors Delta and United, JetBlue withdrew its 2025 financial forecast due to uncertainty from tariff policies and spending cuts. The airline saw increased demand as the quarter progressed, with strong bookings for peak travel periods. However, JetBlue anticipates a 2% to 6% decline in third-quarter revenue per available seat mile and expects unit costs to rise between 5% and 7%. The carrier reported a loss of 16 cents per share, better than analysts’ estimates.

Read more at Yahoo Finance: JetBlue posts smaller-than-expected loss as U.S. demand recovers