JetBlue (NASDAQ:JBLU) starts pay-later on flights as fuel costs climb
JetBlue Airways rolled out installment payments for bookings on Wednesday. The carrier is trying to drive sales as a jump in fuel costs is on track to erase the gains it expected from higher fares. Based on its Q2 guidance, revenue lands around $185 million short of the combined fuel and core ex-fuel costs at the guidance midpoint, before factoring in other operating items.