JetBlue sees FY25 capital expenditures $1.2B

Sees FY25 available seat miles down 0.5%-2.5%. Sees FY25 CASM, excluding fuel, up 5%-7%. Sees FY25 interest expense $600M. Ursula Hurley, chief financial officer, added, “As the demand environment improves, we remain laser-focused on cost execution. For the full year, we are re-instating our initial unit cost guidance from the onset of the year, despite capacity one and a half points lower than initial guidance, illustrating the benefits of our strong operation and cost reduction programs.”