JetBlue says suspending prior full year guidance

Says that “Given the sharp increase in the price of fuel and the expectation for elevated prices throughout this year, we are suspending our prior full year guidance as we aggressively adjust to the evolving macro backdrop.” Says suspending the full year guidance reflects external factors alone and “not a change in the strong progress of JetForward.” Says has taken “immediate action” to offset fuel costs. liquidity position. Comments taken from Q1 earnings conference call.