JetBlue announces 2007 annual profit

JetBlue Airways Corporation reported its results for the fourth quarter and full year 2007. Net loss for the quarter was $4 million com-pared with fourth quarter 2006 net income of $17 million. For the full year 2007, net income totaled $18 million compared with a net loss of $1 million for the full year 2006.

Cash and investment securities of $834 million at the end of the fourth quarter, which does not include Lufthansa’s $300 million in-vestment in JetBlue.

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