JetBlue swings to profit despite lower revenue

10/22/2009 | Google · RTT News

JetBlue Airways continued its 2009 winning streak, posting third-quarter earnings of $15 million, or 5 cents a share. While passenger traffic was up 6.3%, revenue dropped 5.3% due to discounting. For the fourth quarter, JetBlue plans to expand capacity by 5% to 7%.

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