JetBlue Airways Corp. squeaked by with a tiny third-quarter profit, but warned that with fuel expected to average $2 a gallon net of hedges it will report a hefty operating loss for the fourth quarter--5%-7% of operating revenues--that will push it into the red for the December period and the full year. If its assumptions hold true, it will mark the LCC's first annual loss since its 2000 startup year. Yesterday the carrier said it was making some tactical cuts in capacity during the fourth ...

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