JetBlue Airways posted a third-quarter profit of $15 million, reversed from an $8 million loss in the year-ago period, marking the carrier's third profitable reporting period of the year. "The actions we took last year, including restructuring our fuel hedge portfolio, reallocating capacity and selling and deferring aircraft, have led to significantly improved results," CEO Dave Barger said. JetBlue had just 8% of its fuel hedged during the third quarter, leading to a $23 million noncash ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.