JetBlue to Deepen Cost Cuts as Quarterly Loss Widens

Bloomberg
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JetBlue to Deepen Cost Cuts as Quarterly Loss Widens
Bloomberg
Written by Bloomberg
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JetBlue Airways Corp. reported a larger than expected first-quarter loss on higher fuel costs and volatile demand. The carrier said it plans to recapture 30%-40% of fuel costs in the second quarter. Tom Fitzgerald of TD Cowen examines the results on "Bloomberg Surveillance."

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