April 28 (Reuters) – JetBlue Airways reported a bigger first-quarter loss on Tuesday, as surging jet fuel costs driven by the Iran war weighed on margins, threatening to derail the carrier’s turnaround efforts.
The New York-based carrier reported a net loss of $319 million, or 86 cents per share, compared with $208 million, or 59 cents per share, reported a year earlier.
(Reporting by Shivansh Tiwary in Bengaluru; Editing by Leroy Leo)
Comments