JetBlue Airways revised its outlook upward Wednesday for current-quarter and full-year revenue as it said it benefited from higher demand after the U.S. presidential election last month.

JetBlue Airways said on Wednesday it expects a smaller-than-expected drop in its 2024 revenue as domestic travel demand rebounded following the U.S. presidential election.

The airline raised annual revenue guidance after higher-than-expected bookings in the wake of the presidential election. Shares soared ahead of the open. Find out more:

JetBlue Airways Corp. boosted its forecast for fourth-quarter results following higher-than-expected bookings in November and December as well as lower costs tied in part to falling fuel prices. Most Read from BloombergAs Wars Rage,

JetBlue Airways (NASDAQ:JBLU) raised its outlook for the current quarter and full year as strong booking performance following the presidential election exceeded expectations, allowing the carrier to “rapidly execute” its JetForward strategy.

There is normally a lag before strong holiday travel demand starts moving airline shares. But it’s only taken a matter of days this year.