JetBlue Airways has posted net income for the first quarter of this year of $30 million for the first quarter – a rise of $27million on the same quarter last year. Operating expenses, including a 22.7% year-over-year increase in fuel, rose significantly however by 15.2% to $1.1 billion, while operating income grew by a phenomenal 97.4% to $89 million. Operating margin increased 3 points to 7.4% as the 19% increase in total revenues covered $80 million and higher fuel cost.   “While high fuel prices continue to pressure the industry, JetBlue was able to fully offset the increase in fuel

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In