JetBlue Announces First Quarter Results
Tuesday April 22, 7:45 am ET
NEW YORK, April 22, 2008 (PRIME NEWSWIRE) -- JetBlue Airways Corporation (NasdaqGS:JBLU - News) today reported its results for the first quarter 2008:
* Operating revenues for the quarter totaled $816 million,
representing growth of 34.2% over operating revenues of $608
million in the first quarter of 2007.
* Operating income for the quarter was $17 million, resulting in a
2.2% operating margin, compared to an operating loss of $13 million
and a negative 2.2% operating margin in the first quarter of 2007.
* Pre-tax loss for the quarter was $13 million, compared with a pre-
tax loss of $45 million in the year-ago period.
* Net loss for the quarter was $8 million, representing a net loss of
$0.04 per diluted share, compared with first quarter 2007 net loss
of $22 million, or a loss of $0.12 per diluted share.
* Cash and cash equivalents of $713 million and $313 million of
investment securities at the end of the first quarter.
Link
Tuesday April 22, 7:45 am ET
NEW YORK, April 22, 2008 (PRIME NEWSWIRE) -- JetBlue Airways Corporation (NasdaqGS:JBLU - News) today reported its results for the first quarter 2008:
* Operating revenues for the quarter totaled $816 million,
representing growth of 34.2% over operating revenues of $608
million in the first quarter of 2007.
* Operating income for the quarter was $17 million, resulting in a
2.2% operating margin, compared to an operating loss of $13 million
and a negative 2.2% operating margin in the first quarter of 2007.
* Pre-tax loss for the quarter was $13 million, compared with a pre-
tax loss of $45 million in the year-ago period.
* Net loss for the quarter was $8 million, representing a net loss of
$0.04 per diluted share, compared with first quarter 2007 net loss
of $22 million, or a loss of $0.12 per diluted share.
* Cash and cash equivalents of $713 million and $313 million of
investment securities at the end of the first quarter.
Link
