Despite Rising Fuel Costs JetBlue Makes First Quarter Profit CheapOair Staff April 21, 2011 general Increased Traffic Beat Rising Fuel Costs JetBlue Airways released their first quarter numbers Thursday showing a profit in the face of rising fuel cost. The airline took in $3 million for the first quarter, beating its $1 million loss for the same quarter a year ago. Its revenue also jumped 16 percent to $1 billion. Despite the 35 percent rise in fuel costs the airline had higher traffic to make a profit. Source: Dallas News