Business5 sources
JetBlue Reports Increased Loss Amid Rising Fuel Costs
- JetBlue reported a wider operating loss in the third quarter.
- Despite higher revenue, the loss was attributed to rising fuel costs.
- JetBlue's CEO stated that margins are improving.
- The airline is implementing a plan to cut costs and increase premium revenue.
- JetBlue's third-quarter performance brought some relief to investors.
Articles (5)
Barron's·
JetBlue’s Loss Widens Despite Higher Revenue. Blame Rising Fuel Costs.
Bloomberg·
JetBlue Earnings: Airline Outlook Worsens as Operating Loss Margin Drops
Google News·
JetBlue Brings Some Relief to Investors With Third-Quarter Performance
The Wall Street Journal·
JetBlue Brings Some Relief to Investors With Third-Quarter Performance
CNBC·
JetBlue posts bigger loss on fuel costs, but CEO says margins improving