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JetBlue posts lower quarterly profit as expenses rise
April 24, 2014 / 11:56 AM / 3 years ago

JetBlue posts lower quarterly profit as expenses rise

People wait in line at the JetBlue counter at La Guardia airport in New York January 6, 2014. REUTERS/Carlo Allegri

(Reuters) - JetBlue Airways (JBLU.O) reported a lower quarterly profit on Thursday as increases in salaries boosted operating expenses.

Net income came to $4 million, or one cent a share, for the first quarter, compared with $14 million, or 5 cents a share, a year earlier.

Reporting by Karen Jacobs in Atlanta

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