JetBlue Took a Beating During the Third Quarter
Photo Credit: JetBlue Airways was in the red during the third quarter. Wikimedia Commons / Nathan Coats
Skift Take
Despite the company's difficult third quarter, JetBlue executives have reason for optimism — especially with business and international travel making progress in their recoveries.
JetBlue Airways had a rough third quarter, as weather-related disruptions and surging jet fuel costs weighed on profits.
JetBlue reported a $129 million net loss, excluding one-off accounting charges. It generated $2.4 billion in revenue, an 8.2% drop from the same period last year. The company expects another decline in the current fourth quarter – between 6.5% and 10.5%.
"While we have been able to offset some of the costs associated with the challenging operational backd
