JetBlue Boosts Revenue Outlook on Rivals' Technology Stumble.

JetBlue Airways Corp. has increased its sales forecast for the current quarter after benefiting from re-booking passengers from rival airlines whose flights were disrupted by a technology outage in July. The company now expects revenue in the third quarter to be in the range of up 1% to down 2.5%, an improvement from the previous expectation of a decline of up to 5.5%. JetBlue attributed the increase to the re-accommodation of customers affected by other airlines' cancellations and improved bookings in the Latin region. The technology outage in July, caused by an errant software update from CrowdStrike Holdings Inc., resulted in the cancellation of thousands of flights for several days. JetBlue shares rose 5.8% in premarket trading. [Extracted from the article]