JetBlue Airways has reported better-than-expected earnings and revenues in the first quarter of 2019. Operating revenues came in at $1.87 million, up 6.7% from the number reported in the corresponding period last year. However, the company stated that its quarterly earnings declined on a year-over-year basis due to high costs. With adjusted net income down 38% falling from $83 million to $51 million. JetBlue also confirmed that it plans to begin flying to London from Boston and New York in 2021. The airline has converted 13 A321neo orders to the long-range A321LR model. “We believe our work will position us
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