Tag: Yssi

NEW YORK — Shares of JetBlue Airways are falling after the airline warns about weaker demand overall and a hit from Hurricane Dorian.The shares were down 74 cents, or 4.3%, to $16.43 in midday trading Wednesday.JetBlue said in a regulatory filing Wednesday that a key revenue measure for the third quarter will likely be lower, not higher as originally forecast. Revenue for each seat flown one mile will be flat to down 2%, compared with an earlier forecast of up 0.5% to 3.5%.New York-based JetBlue blames the gloomier outlook on — in order — softer bookings to Puerto Rico, weaker than expected demand across its system, and the impact of Hurricane Dorian, which caused some airports to close and led to hundreds of cancelled flights in Florida and the Caribbean.The Associated Press read more