Whatever happened to baby JetBlue?

Seems like only yesterday that the rail "fans" were clamoring for Amtrak to be more like JetBlue. Maybe it already is.

• JetBlue just reported a quarterly loss of $42.4 million.
• Its executives don't expect JetBlue to make money again until next year.
• They bungled the opportunity to lock in fuel deliveries at predictable prices, as Southwest's managers have done, through a financial technique known as hedging.
• Investors clearly don't like any of this news. (For latest JBLU quote, check here.)
  
• And according to the government's latest Air Travel Consumer Report, JetBlue ranks dead last among the majors in on-time performance. Dead last. Just 63.1% of its flights arrived within 15 minutes of the time published in the timetable.
  

Be careful what you ask for, because you might get it.