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.
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