JetBlue Airways lost les then expected

JetBlue Airways  Corp.’ fourth-quarter loss appeared to be not as much as expected.

The company said that it lost $4 million, or 2 cents a share, in the three months ended Dec. 31 in contrast to a profit of $17 million, or 10 cents a share, in the year-ago quarter.

Its revenue rose 16.6 percent to $739 million from $633 million.

A loss of 5 cents a share on revenue of $731 was expected by Thomson Financial.

JetBlue Airways is an American low-cost airline owned by JetBlue Airways Corporation. The company is headquartered in the Forest Hills neighborhood of the New York City borough of Queens. Its home airport is John F. Kennedy International Airport. JetBlue is a non-union airline.

In 2001, JetBlue began a focus city operation at Long Beach in Los Angeles County , and another at Logan International Airport , Boston in 2004. It also has focus city operations at Fort Lauderdale , Oakland International Airport , and at Washington-Dulles, as well as substantial operations at Orlando International Airport. The airline mainly serves destinations in the United States, along with flights to the Caribbean, the Bahamas, Bermuda, and Mexico.

JetBlue also maintains a corporate office in Cottonwood Heights, Utah and a satellite office in Darien, Connecticut.

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Author`s name Editorial Team