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View Full Version : JetBlue Posts Q4 Loss But Profit for 2007



Matt Molnar
2008-01-29, 02:34 PM
Newsday:

JetBlue posts Q4 loss but gains for full '07 (http://www.newsday.com/business/nybzblu0130,0,4180197.story)

By JAMES BERNSTEIN | [email protected]
12:00 PM EST, January 29, 2008

JetBlue Airways Corp., the Forest Hills-based discount carrier, said Tuesday it lost $4 million in the fourth-quarter, compared to the same quarter last year when it posted a profit. But the airline said it made money for the full year of 2007 -- its first annual profit since 2004.

The company's stock rose sharply on the news, up about 12 percent at mid-day. Read more... (http://www.newsday.com/business/nybzblu0130,0,4180197.story)