JetBlue Announces Second Quarter Results
Tuesday July 24, 8:00 am ET
Low-Fare Carrier Achieves 10% Operating Margin for Second Quarter 2007 and Announces Plans to Adjust Growth
NEW YORK, July 24, 2007 (PRIME NEWSWIRE) -- JetBlue Airways Corporation (NasdaqGS:JBLU - News) today reported its results for the second quarter 2007:
* Operating revenues for the quarter totaled $730 million,
representing growth of 19.4% over operating revenues of $612
million in the second quarter of 2006.
* Operating income for the quarter was $73 million, resulting in
a 10.0% operating margin, compared to operating income of $47
million and a 7.7% operating margin in the second quarter of 2006.
* Pre-tax income for the quarter was $43 million, resulting in
a 5.9% pre-tax margin, compared with pre-tax income of $25
million and a 4.1% pre-tax margin in the year-ago period.
* Net income for the quarter was $21 million, representing
earnings of $0.11 per diluted share, compared with second
quarter 2006 net income of $14 million, or $0.08 per
diluted share.
Story
Tuesday July 24, 8:00 am ET
Low-Fare Carrier Achieves 10% Operating Margin for Second Quarter 2007 and Announces Plans to Adjust Growth
NEW YORK, July 24, 2007 (PRIME NEWSWIRE) -- JetBlue Airways Corporation (NasdaqGS:JBLU - News) today reported its results for the second quarter 2007:
* Operating revenues for the quarter totaled $730 million,
representing growth of 19.4% over operating revenues of $612
million in the second quarter of 2006.
* Operating income for the quarter was $73 million, resulting in
a 10.0% operating margin, compared to operating income of $47
million and a 7.7% operating margin in the second quarter of 2006.
* Pre-tax income for the quarter was $43 million, resulting in
a 5.9% pre-tax margin, compared with pre-tax income of $25
million and a 4.1% pre-tax margin in the year-ago period.
* Net income for the quarter was $21 million, representing
earnings of $0.11 per diluted share, compared with second
quarter 2006 net income of $14 million, or $0.08 per
diluted share.
Story