JetBlue (NASDAQ:JBLU) announced that net income increased to $52 million, or 16 cents per share, versus $25 million, or 8 cents per share, in the same period last year. Revenue increased by 11 percent to $1.23 billion. The airline said that the gains were due to an increase in business and leisure travel, and the profit was its highest second quarter profit in history.
Shares are slightly lower in early trading.
Delta Air Lines (NYSE:DAL) said that it lost $168 million, or 20 cents per share, in the most recent fiscal quarter, down from $198 million, or 23 cents per share, in the same period last year. Revenue increased to $9.73 billion from $9.15 billion. The company forecast a return to profitability next quarter.
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