Filing excerpt
Jet fuel prices have increased significantly since the issuance of the Prior Guidance and are now expected to average approximately $3.00 per gallon for the first quarter of 2026 based on the jet fuel curve as of March 13, 2026, compared to $2.50 per gallon underlying the Prior Guidance, driving approximately $45 to $50 million incremental fuel expense in the first quarter of 2026.