Tax-Reform Gain Boosts JetBlue 2017 Net Profit To $1.1 Billion

A one-time non-cash gain related to late-year passage of the U.S. tax-reform law helped to lift JetBlue Airways’ net profit to $1.1 billion in 2017, the New York-based carrier said. The tax-reform law delivered a $502 million benefit to JetBlue’s fourth-quarter 2017 income, resulting in a $672...

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