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JetBlue Enjoys Profitable 2010

This blog post was updated on October 15, 2018.

JetBlue ended 2010 with a profitable fourth quarter. The New York-based airline recorded pre-tax income of $15 million for the year’s final period.


For the entire year, the carrier reported $161 million in pre-tax income.


That compares to $104 million in the previous year.


The airline’s net income of $97 million compares positively to 2009’s $61 million. 2010’s income works out to about 31 cents per diluted share.


It’s estimated that the growing airline now has about $1 billion in unrestricted cash and other short term investments.


Source: Seattle Pi

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