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JetBlue Loss Narrower Than Expected

Stock quotes in this article: JBLU , AAI , UAUA , AMR , CAL , DAL , NWA  

JetBlue (JBLU Quote) lost $8 million in the first quarter and said it will slow capacity growth when the summer travel season ends.

The loss was equal to 4 cents a share, 3 cents better than what analysts had estimated. Revenue rose 34.2% to $816 million and exceeded the consensus forecast of $786 million.

In the same quarter a year earlier, the carrier lost $22 million, or 12 cents a share. ...

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