Tax reform gain boosts JetBlue to $1.1 billion 2017 net profit

Credit: Rob Finlayson

A one-time non-cash gain related to the recent US tax reforms helped to lift JetBlue Airways to a $1.1 billion net profit in 2017, the New York-based carrier said Jan. 25. The tax reform law, signed Dec. 22, 2017, introduced a $502 million benefit to JetBlue’s fourth-quarter 2017 income, resulting...

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