Soros disposes of 25 pct of JetBlue stake

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Soros disposes of 25 pct of JetBlue stake  =

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Monday November 3, 5:40 PM EST =


(Adds details)

NEW YORK, Nov 3 (Reuters) - Billionaire investor George Soros last month =
disposed of roughly 25 percent of his stake in discount carrier JetBlue A=
irways Corp. (JBLU), a U.S. Securities and Exchange Commission filing sho=
ws.

Soros sold 1 million shares of the New York-based airline at $58.50 each =
for a total of $58.5 million, the filing shows. He also donated about 2.9=
1 million shares to the Open Society Institute, a New York-based trust fo=
r which he serves as trustee, the filing shows.

Soros now holds about 11.8 million JetBlue shares, according to the filin=
g.

Soros sold the shares on Oct. 30, 1 week after JetBlue said third-quarter=
 profit more than doubled. The shares have fallen 20 percent since the co=
mpany announced third-quarter results, however, after analysts said JetBl=
ue shares, which had more than tripled since mid-March, appeared richly p=
riced.

Soros made the donation on Oct. 9, the filing shows.

JetBlue shares closed Monday on the Nasdaq at $54.26, down $3.41, or 5.9 =
percent. =



=A92003 Reuters Limited. =


Roger
EWROPS

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