JetBlue Posts 18.6% Margin; Costs Under Control, Revenue Up

JetBlue Airways yesterday topped analyst expectations by posting a $14.6 million net profit and an industry-high 18.6% operating margin. The airline recorded $149.3 million in revenues, a 90.4% jump from last year, when it was flying about 60% fewer departures. CEO David Neeleman said the revenue...

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