JETBLUE PROFITS DIP IN THE SECOND QUARTER

JetBlue Airways has reported a 19% fall its second-quarter profit to $25 million compared with year-earlier net of $31 million. Revenue was up however by 22% to a record $1.15 billion. The carrier also stated that its unit revenue rose more than 13% in line with its average fare to $158. The dip in profit was blamed on a fuel bill that was $160 million more than the year-earlier quarter, while its maintenance expenses rose 29% to $54 million. The company’s profit of $25 million, or eight cents a share, fell just short of analysts’ estimates by two cents. JetBlue