JetBlue Airlines' quarterly loss widens as high fuel costs significantly impact the company's profit margins. The U.S.-Israeli attack on Iran has closed the Strait of Hormuz, disrupting nearly a fifth of global oil and gas supplies and causing the aviation industry's biggest shock since the COVID-19 pandemic. JetBlue's CEO, Joanna Geraghty, stated that the company is taking decisive measures to manage the volatile environment, including adjusting capacity, increasing revenue, and maintaining strict cost control. The company plans to recover 30% to 40% of the increased fuel costs in the second quarter, with expectations to recover all of it by early 2027.