Unprecedented increase in fuel costs pushes JetBlue to a net loss in 2Q08
JetBlue reported a net loss of USD7.0 million in the three months ended 30-Jun-08 (2Q08), slipping from the USD21 million net profit reported in the previous corresponding period. The loss was primarily driven by the unprecedented spike in fuel costs, which cost JetBlue an additional USD144 million in 2Q08 compared to 2Q07 levels.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.