JetBlue posts quarterly profit as travel demand helps cover jump in costs

JetBlue Airways eked retired a $57 cardinal nett for the 3rd 4th arsenic beardown question request and higher fares helped the bearer screen much costly substance and different costs.

The New York-based airline's gross roseate 30% during the 4th from the aforesaid play past twelvemonth to $2.56 billion, successful enactment with analysts' estimates. JetBlue's operating borderline narrowed to 5.4% from 9.4% a twelvemonth earlier aft expenses roseate astir 36% from the aforesaid play of 2021.

Here's however JetBlue performed successful the 3rd quarter, compared with Wall Street expectations according to Refinitiv statement estimates:

• Adjusted net per share:  21 cents vs. an expected 23 cents.
• Total revenue: $2.56 cardinal vs. an expected $2.56 billion.

JetBlue executives volition sermon results connected a 10 a.m. ET telephone connected Tuesday, erstwhile they are apt to look questions astir the airline's planned acquisition of fund hose Spirit.

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