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5 years ago
JetBlue posts lower Q4 profit as Sandy hurts operations
January 29, 2013 / 1:01 PM / 5 years ago

JetBlue posts lower Q4 profit as Sandy hurts operations

Jan 29 (Reuters) - Discounter JetBlue Airways Corp reported lower fourth-quarter profit on Tuesday as Superstorm Sandy disrupted operations.

Quarterly net income fell to $1 million, or nil cents a share, from $23 million, or 8 cents a share, a year earlier.

Revenue rose 4 percent to $1.19 billion. The carrier said Sandy, which barreled through the U.S. Northeast in late October and forced the shutdown of New York area airports, reduced revenue by about $45 million.

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