JetBlue retracts aircraft deliveries, best quarterly operating margin since 2004

JetBlue is continuing to pull back on the number of aircraft it is taking over the next few years even as it posts record revenues. Indeed its USD140 million operating income was the highest ever, reflecting a USD74 million improvement over the same quarter a year ago and a USD45 million improvement over the last quarter, according to CFO Ed Barnes. And this was despite an increase in fuel expenses of USD15 million.