with revenues higher than expected and net earnings of $15 million...

http://finance.yahoo.com/news/JetBlu....html?x=0&.v=1

* Operating income for the quarter was $66 million, resulting in a 7.7% operating margin, compared to operating income of $22 million and a 2.4% operating margin in the third quarter of 2008.

* Pre-tax income for the quarter was $23 million, which includes an accounting gain of $3 million related to the valuation of JetBlue's auction rate securities. Excluding this accounting gain, JetBlue's pre-tax income for the quarter would have been $20 million. This compares to a pre-tax loss of $10 million in the third quarter of 2008.

* Net income for the third quarter was $15 million, or $0.05 per diluted share. Excluding the accounting gain, JetBlue's net income for the quarter would have been $12 million, or $0.04 per diluted share. This compares to JetBlue's third quarter 2008 net loss of $8 million, or $0.03 per diluted share.

"Despite a tough economic environment, we reported our third consecutive quarterly profit, thanks in large part to the hard work of our dedicated crewmembers," said Dave Barger, JetBlue's CEO. "The actions we took last year, including restructuring our fuel hedge portfolio, reallocating capacity and selling and deferring aircraft, have led to significantly improved results. While the uncertain economic environment continues to pressure demand for air travel, we have been able to leverage our strong brand and superior product to introduce innovative ways to attract new customers and build customer loyalty."