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flag JetBlue raises revenue outlook for Q4, expecting a smaller drop due to higher bookings and lower fuel costs.

flag JetBlue Airways improved its revenue outlook for the fourth quarter, now expecting a 2% to 5% drop year-over-year, better than the previous 3% to 7% decline estimate. flag This improvement comes from higher-than-expected bookings, particularly after the US election, and lower costs due to falling fuel prices. flag The company’s stock rose over 8% on the news.

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