JetBlue reported net income for the fourth quarter of 2022 of US$24 million, or US $0.07 per share, after recording its highest-ever quarterly operating revenue of US $2.4bn. The record revenue came after capacity increased by 2.4% compared to the fourth quarter of 2019 and revenue per available seat mile (RASM) increased 16.1% using the same time comparison. The airline had earlier in the year reported a return to profitability as US traffic reverted to pre-Covid levels. However, the carrier’s operating expenses per available seat mile (CASM) increased 28.4% compared to the fourth quarter of 2019 as fuel hit US

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