JetBlue Posts Q4 Loss But Profit for 2007
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Quote:
JetBlue posts Q4 loss but gains for full '07
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.
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