JetBlue Airways' inability to control costs and misplaced capacity increases cost it dearly in the final quarter of 2005 as it suffered a net loss of $42.4 million--by far its worst quarterly performance since it started service in February 2000. JetBlue earned $1.5 million in the year-ago quarter. The surprising 2005 result plunged the carrier into the red for the fiscal year ended Dec. 31. It posted a $20.3 million annual loss compared to a $46.2 million profit in 2004. In addition, it is ...

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.