JetBlue's first-quarter profit dropped 54% to nearly $7 million, but the fact that the airline posted results in the black is a significant accomplishment, and executives predicted the carrier could remain profitable even if fuel prices climb higher this summer. Profit was down from a $15 million last year, but the results beat the airline's own internal projections, as well as analyst estimates. "We prefer double-digit margins, but we'll be content with a 6.9% operating margin, ...


You must be a paid subscriber to access "JetBlue Stays Profitable, Frustrated With Fort Lauderdale".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.