Summary Box: JetBlue profit falls on higher costs (AP)

SLIDING PROFIT: JetBlue Airways Corp. said Wednesday that its third-quarter net income fell 41 percent as higher costs for fuel and maintenance offset higher revenue from fares and fees.

BY THE NUMBERS: The New York airline earned $35 million, or 11 cents per share, compared with $59 million, or 18 cents per share, a year ago. Revenue rose 16 percent to about $1.2 billion.

GOOD AND BAD: JetBlue's average fare rose about 9 percent. But its fuel costs jumped 56 percent and maintenance costs rose 35 percent. Overall expenses rose 22 percent.

Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http%3A//news.yahoo.com/s/ap/20111026/ap_on_bi_ge/us_earns_jetblue_summary_box

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