JetBlue planes populate the tarmac on June 24, 2026 at JFK Airport in the Queens borough of New York City.

Bruce Bennett | Getty Images

JetBlue Airways reported a bigger loss in the third quarter compared with last year, but the New York carrier said strong travel demand is helping to offset higher fuel prices as it seeks to calm investors after shares fell to a new low Monday.

JetBlue stock soared roughly 11% in after-hours trading Monday.

JetBlue on Monday posted a net loss of $257 million for the three months ended Sept. 30, compared with a loss of $143 million a year earlier. The carrier's fuel bill rose 61% to $868 million.

"Resilient demand and strong yields drove revenue well ahead of our initial expectations, allowing us to recapture more of the increase in fuel costs than we initially expected," CEO Joanna Geraghty said in an earnings release.…