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JetBlue Stock Fall After Airline Forecasts Wider Loss

Shares of JetBlue slumped more than 7% in premarket trading after the airline forecast a wider-than-expected loss in the current quarter. The weak outlook comes after JetBlue’s third-quarter results missed Wall Street expectations due to significant delays during the summer travel season. "While we have been able to offset some of the costs associated with the challenging operational backdrop, the sheer magnitude of the air traffic control and weather-related delays has been staggering," Chief Financial Officer Ursula Hurley said.
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