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JetBlue Posts Lower Quarterly Profit

JetBlue Aircraft on Tarmac, Reuters

 (Reuters)

JetBlue Airways (JBLU) said first-quarter profit fell as operating costs rose at a greater pace than revenue.

Earnings came to $14 million, or 5 cents a share, compared with $30 million, or 9 cents a share, a year earlier, the company said on Thursday.