Posts Tagged With: JetBlue Airlines

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JetBlue announces third quarter results

JetBlue Airlines

In a recent earnings call statement, JetBlue Airlines CEO Robin Hayes announces the airline is adding more overseas itineraries to its routes. Hayes states that JetBlue plans to add six additional Airbuses for the new Transatlantic routes. JetBlue currently flies from New York’s JFK and Boston to London’s Gatwick and Heathrow airports.

JetBlue managed a $57 million dollar profit for the third quarter as the result of strong demand and higher fares. Revenue was up 30% compared to last year’s third quarter. Higher fuel and labor costs narrowed operating margins, however.