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Double-digit PRASM growth for JetBlue; Virgin America expects operating profit in 2010

Analysis

Shares in JetBlue declined 0.7% on a weaker day for LCCs worldwide. Also on Friday, JetBlue stated PRASM for Aug-2010 increased 12% year-on-year, in line with company expectations. The carrier handled 2.3 million revenue passengers in the month, a 6.6% year-on-year increase, with an average load factor of 86.4%, a 0.2 ppt reduction.

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