New York-based JetBlue Airways reported $88 million in net profit for the first quarter of 2018, reflecting a 6.1% rise in RASM despite a 1% loss in capacity during the sequence of winter storms hitting the US northeast during the quarter. The result reflected a 7% increase over JetBlue’s $82 million net profit in 1Q2017. JetBlue president and CEO Robin Hayes said first-quarter RASM performance was driven by a combination of revenue management initiatives, ongoing ancillary growth and ...

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