No-frills US airline cleans up while Boeing takes a hit
No-frills US airline cleans up
Low cost airline JetBlue has continued to defy the industry's biggest-ever downturn, reporting a 37% increase in quarterly profits. |
The New York-based carrier was bullish about its prospects amid continuing gloom from larger rivals.
But plane-maker Boeing reported a sharp downturn in quarterly profits and said there was more bad news to come.
The aerospace giant has deferred delivery of 500 commercial jets since the 11 September attacks.