Go Back  FlyerTalk Forums > Miles&Points > Airlines and Mileage Programs > JetBlue | TrueBlue
Reload this Page >

JetBlue Announces Second Quarter Results

JetBlue Announces Second Quarter Results

Reply

Old Jul 26, 11, 10:12 pm
  #1  
Original Poster
 
Join Date: Feb 2006
Location: Long Island, NY and Boca Raton, FL
Programs: JetBlue TrueBlue, AAdvantage, Rapid Rewards, Sky Miles, SPG, Marriott Rewards, HHonors, Hertz
Posts: 2,275
JetBlue Announces Second Quarter Results

http://investor.jetblue.com/phoenix....871&highlight=

NEW YORK, July 26, 2011 /PRNewswire via COMTEX/ --

JetBlue Airways Corporation (Nasdaq: JBLU) today reported its results for the second quarter 2011:

Operating income for the quarter was $86 million, resulting in a 7.5% operating margin, compared to operating income of $95 million and a 10.2% operating margin in the second quarter of 2010.
Pre-tax income of $43 million in the second quarter. This compares to pre-tax income of $52 million in the second quarter of 2010.
Net income for the second quarter was $25 million, or $0.08 per diluted share. This compares to JetBlue's second quarter 2010 net income of $31 million, or $0.10 per diluted share.
jetBlueNYFL is offline  
Reply With Quote
Old Jul 27, 11, 12:20 pm
  #2  
FlyerTalk Evangelist
 
Join Date: Nov 2005
Location: Phoenix, AZ
Programs: American Airlines AAdvantage, Rapids Reward
Posts: 33,776
Isn't good news for JetBlue is earning $43 millions dollars? Is they doing so good?
N830MH is offline  
Reply With Quote
Old Jul 27, 11, 1:51 pm
  #3  
 
Join Date: Apr 2003
Programs: B6 Mosaic, SPG LT Platinum, UA SIlver, VX eleVAte Gold (RIP)
Posts: 4,325
JetBlue is in a better position than many other US based carriers. Legacies will continue to cut capacity given the economic uncertainty and high oil prices as they try to rid their fleets of less fuel efficient aircraft and relatively low yielding routes. JetBlue has a reasonable amount of cash on hand given its size and has one of the most fuel efficient fleets now which will be even more so once the neos get delivered. For the short term, all the US airlines continue to be in an insecure position but JetBlue relatively speaking may be better off than many others in the longer term.
sfozrhfco is offline  
Reply With Quote

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Thread Tools
Search this Thread