My Account Menu

CAPA Login


Register to trial CAPA Membership!

JetBlue 3Q2011 EBIT falls 23.1%

27-Oct-2011 1:23 PM

JetBlue revenue up 16% – financial highlights for the three months ended 30-Sep-2011:

  • Revenue: USD1195 million, +16.0% year-on-year;
  • Operating costs: USD1087 million, +22.1%;
  • Fuel: USD454 million, +55.3%;
  • Labour: USD236 million, +3.7%;
  • Operating profit: USD108 million, -23.1%;
  • Net profit: USD35 million, -40.7%;
  • Passenger numbers: 7.0 million, +6.7%;
  • Load factor: 84.5%, -0.1 ppt;
  • Average fare: USD154.88, +9.2%;
  • Yield: USD 13.04 cents, +7.7%;
  • Passenger revenue per ASM: USD 11.03 cents, +7.7%;
  • Operating revenue per ASM: USD 12.12 cents, +7.1%;
  • Operating cost per ASM: USD 11.03 cents, +12.8%;
  • Cost per ASM excl fuel: USD 6.43 cents, -2.2%;
  • Total assets: USD6911 million, +4.8% when compared to period ended 31-Dec-2010;
  • Cash and cash equivalents: USD632 million, +35.9% when compared to period ended 31-Dec-2010;
  • Total debt: USD3057 million, +0.8% when compared to period ended 31-Dec-2010. [more – original PR] [more - CAPA Analysis]

JetBlue: β€œFor the fourth quarter of 2011, CASM is expected to increase between 11 and 13 percent over the year-ago period. Excluding fuel, CASM in the fourth quarter is expected to range from negative one to positive one percent year over year. CASM for the full year is expected to increase between 13 and 15 percent over full year 2010. Excluding fuel, CASM in 2011 is expected to range from zero to positive two percent year over year. Capacity is expected to increase between eight and ten percent in the fourth quarter and to increase between six and eight percent for the full year.” Company statement. Source: JetBlue, 26-Oct-2011.