January 23, 2020 / 12:26 PM / a month ago

JetBlue posts quarterly profit rise, meets 3-year cost-cutting goal

CHICAGO, Jan 23 (Reuters) - JetBlue Airways Corp saw a slight rise in quarterly profit in the three months to end December after delivering on a three-year cost-cutting drive designed to enable low-cost airfares over the next decade, it said on Thursday.

Earnings per share rose to $0.56 in the quarter to Dec. 31 from $0.55 a year earlier, just above a Wall Street consensus forecast for $0.55, helped by $314 million in total cost savings over a three-year period, it said. (Reporting by Tracy Rucinski; Editing by Jan Harvey)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below