JetBlue reports narrow loss on high fuel costs

Despite an 18% increase in revenue, JetBlue Airways reported a $4 million net loss in the third quarter, due largely to fuel costs that were up 61% compared with a year earlier. Revenue per available seat mile rose 16%, and the company expects that metric to increase as much as 20% in the fourth quarter. "Despite the economic uncertainty, we see continued strength in our bookings in the near term," said CEO Dave Barger.

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