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November 15, 2012
14:14 EDTJBLUJetBlue estimates Sandy hurt October passenger revenue by $20M
As a result of Hurricane Sandy, JetBlue said it cancelled approximately 1,700 flights over a five day period. JetBlue estimates Hurricane Sandy reduced October passenger revenue by approximately $20M. JetBlue's preliminary passenger revenue per available seat mile for the month of October increased 2% year over year, which includes a benefit of approximately two points due to Hurricane Sandy.
News For JBLU From The Last 14 Days
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April 24, 2014
10:41 EDTJBLUJetBlue retreats after results miss expectations
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07:43 EDTJBLUJetBlue sees FY14 CASM up 2%-4%
CASM for the full year is expected to increase between 2.0% and 4.0% over full year 2013. Excluding fuel and profit sharing, CASM in 2014 is expected to increase between 3.5% and 5.5% year over year. For the full year, capacity is expected to increase between 4.0% and 6.0%. JetBlue expects approximately 1.5 points of this year over year unit cost increase to be driven by capacity reductions resulting from reallocation of aircraft from longer haul routes to support new service in Washington Reagan National Airport and first quarter weather-related cancellations.
07:41 EDTJBLUJetBlue sees Q2 CASM up 3.5%-5.5%
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07:40 EDTJBLUJetBlue reports Q EPS 1c, consensus 7c
Reports Q1 revenue $1.35B, consensus $1.37B. JetBlue cancelled 4,100 flights during the quarter, which reduced revenue by an estimated $50M and reduced operating income by approximately $35M. Revenue passenger miles for the first quarter increased 1.8% to 8.7B on a capacity increase of 2.7%, resulting in a first quarter load factor of 83.1%, a decrease of 0.8 points year over year. The company said, "While first quarter results were negatively impacted by severe winter weather in the Northeast, we believe our maturing network in high-value geography together with our differentiated product and service will help JetBlue expand margins and improve shareholder returns in 2014."
April 22, 2014
15:03 EDTJBLUJetBlue confirms majority of pilots who cast vote elected ALPA as representative
JetBlue Airways confirmed that in a unionization vote among JetBlue's 2,529 pilots a majority of pilots who cast a vote elected ALPA as their representative. The National Mediation Board will authorize ALPA as the representative body for JetBlue pilots, and then both JetBlue and ALPA will organize negotiating committees, the company said.
14:58 EDTJBLUJetBlue down 1.5% to $8.63 after pilots association says pilots to unionize
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14:35 EDTJBLUALPA says JetBlue pilots vote 'yes' to union representation
The Airline Pilots Association made its announcement about the vote via Twitter.
April 16, 2014
10:00 EDTJBLUOn The Fly: Analyst Upgrade Summary
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09:28 EDTJBLUOn The Fly: Pre-market Movers
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08:07 EDTJBLUJetBlue upgraded to Buy from Hold at Argus
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April 15, 2014
10:41 EDTJBLUSouthwest rises after firm boosts rating on shares
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April 14, 2014
07:24 EDTJBLUFaster Wi-Fi on planes leads to competition in sky, Reuters says
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