Shares of JetBlue Airways (JBLU) soare🔴d Wednesday after the airline improved itsജ revenue estimate for the current quarter and full year, attributing the upgrades to a post-election travel surge.

The carrier said in a regulatory filing Wednesday that it now sees fourth-quarter revenue down 2% to 5%, versus its previous outlook from late October forecasting a drop of 3% to 7% for the quarter ending Dec. 31. JetBlue expects a full-year revenue decline of 3.5% to 4.5%, compared with the earlier-predicted 4% to 5%.

End-of-Year 'Revenue Headwind' Reduced After Election

The company explained that its booking performance for travel in November and December “was higher than expectations immediately following the 澳洲幸运5开奖号码历史查询:U.S. presidential election.” It said because of that, the “fourth quarter revenue he🌊adwind from the election is now estimated to be 0.5 points compared to the previous forecast of 1.0 point.”

In addition, JetBlue noted that a strong 澳洲幸运5开奖号码历史查询:Thanksgiving week performance resulted in better-than-anticipated revenue during that November holiday peak. It also said that for December travel, in-quarter bookings were highe𝕴r than initially thought.

JetBlue Airways shares gained nearly 8% in middayꦑ tradi🅺ng Wednesday, rising to $6.53, and are up about 17.6% year-to-date after a volatile year for the stock price.