JetBlue Airways Corporation JBLU has issued an update on the third quarter and full-year outlook, following the recent pilot contract ratification.The company expects a one-time expense of $70-$80 million in 2018 including a $50-million ratification incentive among other contractual provisions. Its expectation for non-fuel unit costs remains unaltered in the range of 0-1% (on a compounded basis) for the 2017-2020 period.JetBlue continues to project capacity increase between 7.5% and 9.5% for the third quarter and between 6.5% and 7.5% for the full year. Additionally, third-quarter fuel cost, net of hedges, also remains unchanged at $2.33 per gallon.Non-fuel unit costs are now anticipated to rise in the band of 3-5% in the third quarter. Previous guidance had called for a 1-3% increase in the metric. The same for 2018 is predicted to expand 0.5-2%. Earlier outlook was a year-over-year change between -1% and 1%.The company estimates an effective tax rate of 25-26% in 2018. Meanwhile, capital expenditures are forecast between $310 and $360 million and between $1,000 and $1,200 million in the third quarter and the current year, respectively.JetBlue Airways Corporation Price JetBlue Airways Corporation Price | JetBlue Airways Corporation QuoteZacks Rank & Key PicksJetBlue has a Zacks Rank #5 (Strong Sell).Some better-ranked stocks in the broader Transportation sector are CSX Corporation CSX, Canadian National Railway Company CNI and Union Pacific Corporation UNP. While CSX sports a Zacks Rank #1 (Strong Buy), Canadian National Railway and Union Pacific carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Shares of CSX, Canadian National Railway and Union Pacific have rallied more than 45%, 11% and 46%, respectively, in a year.Looking for Stocks with Skyrocketing Upside?Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.See the pot trades we're targeting>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JetBlue Airways Corporation (JBLU): Free Stock Analysis Report CSX Corporation (CSX): Free Stock Analysis Report Union Pacific Corporation (UNP): Free Stock Analysis Report Canadian National Railway Company (CNI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research