JetBlue remains profitable during tough times

04/5/2012 | Bloomberg Businessweek

JetBlue Airways' shares may be 80% down from their high, but the carrier is still profitable, this analysis notes. The airline finished 2011 with net income of $86 million and close to $1.2 billion in cash and short-term investments. However, there is cause for some concern. "JetBlue started as the airline for the New York leisure traveler. They don't have the route structure or the miles to compete with the majors for business dollars," said analyst Helane Becker.

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