News Column

JetBlue earnings: Turbulence ahead

January 29, 2014

JetBlue's fourth-quarter profit jumped sharply on higher fares, but January storms will hurt first-quarter results at a time when the company is facing rising costs for pilots due to new limits on their working hours. This month's storms in the Northeast cut first-quarter revenue by about $45 million and operating income by $30 million , the airline says. Net income in the fourth quarter was $47 million , or 14 cents per share, compared with $1 million , or less than a penny per share, a year earlier.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: USA Today

Story Tools