JetBlue Airways Corporation (JBLU), the passenger airline reported second quarter revenues rose 16% to $939 million from $807 million a year ago. Net income in the quarter rose 50% to $30 million or 10 cents per diluted share compared to net income of $20 million or 7 cents per share a year ago.

JetBlue Airways Corporation, in the last one year traded as high as $6.95 in April 2010 and as low as $4.45 in February 2010. Based on the yesterday’s closing price of $5.88 the company has market cap of $1.72 billion.