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Author Topic: JetBlue warns of widening losses  (Read 1469 times)

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Offline casper

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JetBlue warns of widening losses
« on: February 22, 2007, 10:52:24 AM »
High fuel prices and costly storm delays have prompted US airline JetBlue to warn of widening losses.
The no-frills carrier now expects a first quarter pre-tax margin of minus 10% to minus 8% against previous estimates of minus 4% to minus 2%.

Before the airline lowered its forecasts, analysts had predicted an earnings-per-share loss of 9 cents.

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