JetBlue Announces Second Quarter Results
Tuesday July 22, 7:30 am ET
NEW YORK, July 22, 2008 (PRIME NEWSWIRE) -- JetBlue Airways Corporation (Nasdaq:JBLU) today reported its results for the second quarter 2008:
* Operating revenues for the quarter totaled $859 million,
representing growth of 17.7% over operating revenues of
$730 million in the second quarter of 2007.
* Operating income for the quarter was $21 million, resulting in a
2.4% operating margin, compared to operating income of $73 million
and a 10.0% operating margin in the second quarter of 2007.
* Pre-tax loss for the quarter was $10 million, compared with pre-tax
income of $43 million in the year-ago period.
* Net loss for the quarter was $7 million, representing a net loss
of $0.03 per diluted share, compared with second quarter 2007 net
income of $21 million, or $0.11 per diluted share.
* Cash and cash equivalents of $846 million and $397 million of
investment securities at the end of the second quarter.
Story
Tuesday July 22, 7:30 am ET
NEW YORK, July 22, 2008 (PRIME NEWSWIRE) -- JetBlue Airways Corporation (Nasdaq:JBLU) today reported its results for the second quarter 2008:
* Operating revenues for the quarter totaled $859 million,
representing growth of 17.7% over operating revenues of
$730 million in the second quarter of 2007.
* Operating income for the quarter was $21 million, resulting in a
2.4% operating margin, compared to operating income of $73 million
and a 10.0% operating margin in the second quarter of 2007.
* Pre-tax loss for the quarter was $10 million, compared with pre-tax
income of $43 million in the year-ago period.
* Net loss for the quarter was $7 million, representing a net loss
of $0.03 per diluted share, compared with second quarter 2007 net
income of $21 million, or $0.11 per diluted share.
* Cash and cash equivalents of $846 million and $397 million of
investment securities at the end of the second quarter.
Story
