JetBlue Airways posted first-quarter net income of $12 million, turned around from a net loss of $10 million in the year-ago period, and predicted it will "earn a profit every quarter this year." The LCC said it benefited from "restructuring its fuel hedge portfolio at the end of last year." It had just 9% of its fuel consumption hedged in the three-month period ended March 31, enabling it to realize "significant cash savings from lower fuel prices during the quarter," CFO Ed Barnes said. He ...

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