JetBlue posts 2Q net loss of $120 million; trims capacity, cost structure

Credit: Rob Finlayson
US LCC JetBlue Airways, working to offset rising fuel costs and stagnating RASM, will trim fourth-quarter capacity and plans a series of ancillary revenue adjustments in the weeks ahead to help strengthen its bottom line, CEO Robin Hayes said. “We believe even modest slowing in our third-quarter...

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