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JetBlue Airways net profit slides in second quarter

In what was its 18th consecutive quarter of profitability, JetBlue Airways reported net income of $12.2 million for the second quarter ended June 30, down 43.2% from net income of $21.5 million in the year-ago period. "Once again, our crewmembers pulled through to deliver a solid performance in a tough quarter characterized by a 55% increase year-over-year in the cost of aircraft fuel," Chairman and CEO David Neeleman said. Total operating revenue was up 34.5% to $430.1 million while total ...

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