Updated 26 minutes ago
JetBlue shares hit a 12-year low after airline forecasts showed a wider loss
JetBlue shares hit a 12-year low on Tuesday, after the airline announced a larger-than-expected quarterly loss and that it would be cutting back some flights.
JetBlue's disappointing third-quarter earnings was due to significant delays in the summer travel period.
Ursula Hurley, Chief Financial Officer said: "The magnitude of air traffic control delays and weather related delays have been staggering."