2nd Quarter Revenue and Margin Guidance Rise

jimntx

Veteran
Jun 28, 2003
11,218
3,302
Dallas, TX
www.usaviation.com
FWIW, some good news

From Jetnet:
This morning we announced that we expect our 2Q17 total revenue per available seat mile to rise 3.5 to 5.5 percent year-over-year, and we expect our 2Q17 pre-tax margin, excluding special items, to be between 12 and 14 percent. TRASM has improved from prior guidance of up between 3 and 5 percent and pre-tax margin has improved from prior guidance of 11 to 13 percent due primarily to improving yields and lower estimated fuel prices. Our April traffic report also shows a 0.8 percent increase in available seat miles compared to April 2016, while traffic in our system rose 3.1 percent. Load factor was up 1.8 percentage points from April 2016 to 82.2 percent for the month.