JetBlue reports 1Q earnings of $3 million

04/21/2011 | ABC News

JetBlue said it earned a penny per share in the first quarter of 2011 as higher demand and airfares helped offset the rising cost of fuel. The airline earned $3 million over the first three months of 2011, compared with a $1 million loss during the same period in 2010. Revenue was also up 16% for the quarter, the New York carrier said.

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