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JetBlue’s 2Q2010 net rises to USD30 million - but expanding too rapidly?

Analysis

In the highest quarterly operating income in its history, JetBlue reported record revenues of USD939 million, up 16%, for the second quarter and a net profit of USD30 million compared to 2Q2009 when it made USD20 million. The carrier joins the ranks of the legacy and low-cost carriers in breaking records for the second quarter.

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