JetBlue Airways earned net income of $137 million in the first quarter, a significant improvement over a net profit of $4 million in the 2014 March quarter, citing “healthy demand across our network and a continued focus on cost control.” First-quarter revenue rose 13% year-over-year to $1.52 billion while expenses declined 2.9% to $1.27 billion, producing an operating profit of $253 million, a more than six times improvement over operating income of $41 million in the ...

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