JetBlue Airways posted second-quarter GAAP net income of $152 million, down 33.9% from net income of $230 million during the year-ago quarter. However, when measured on a non-GAAP basis—when compared to a 2Q 2014 net profit of $61 million (excluding gains on that quarter’s sale of JetBlue subsidiary LiveTV to Thales), JetBlue’s 2015 second-quarter results more than doubled year-over-year (YOY). “[It was] a strong second quarter … based on solid demand across ...

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