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JetBlue Airways records $257 million net loss in Q3

CNBC +3 · ·by G4L

JBLU
JBLU Jetblue Airways Corp
$4.00 +1.52%
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DAL +0.44%LUV LUV +0.04%
  1. 1JetBlue Airways recorded a net loss of $257 million for the three months ended September 30.
  2. 2JetBlue's fuel bill showed an increase of 61%.
  3. 3JetBlue shares surged approximately 11% in Monday after-hours trading.

So what's the key point?

JetBlue Airways lost $257 million over a three-month period due to a large increase in fuel costs. However, the company's stock rose about 11% after the market closed.

Source CNBC +3 · View original ↗

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