JetBlue’s Earnings

Apr 22nd, 2004 | By Jared Blank

JetBlue’s earnings declined for the first time in the airline’s history. Though still profitable, the airline faced strong competition, sagging demand, and higher fuel costs. JetBlue noted that the American and Delta promotions offering 2-for-1 definitely hurt them. Keep in mind, though, the carrier still made 14 cents per share.

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