JetBlue Airways reports record third quarter profit in 2014

JetBlue Airways revenue up 6% - financial highlights for three months ended 30-Sep-2014:

• Total operating revenue: USD1529 million, +5.9% year-on-year;
• Total operating revenue: USD1365 million, +5.7%;
• • Fuel: USD515 million, +2.9%;
  • Labour: USD318 million, +12.3%;
• Operating profit: USD164 million, +7.9%;
• Net profit: USD79 million, +11.3%;;
• Passenger numbers: 8.6 million, +6.4%;
• Load factor: 86.2%, +1.2 ppt;
• Yield per passenger mile: USD 13.96 cents, +0.9%;
• Passenger revenue per ASM: USD 12.03 cents, +2.4%;
• Operating revenue per ASM: USD 13.00 cents, +1.4%;
• Operating cost per ASM: USD 11.61 cents, +1.2%;
• Cost per ASM excl fuel: USD 7.22 cents, +2.8%;
• Total assets: USD7741 million;
• Cash and cash equivalents: USD449 million;
• Total debt: USD2362 million. [more - original PR]

JetBlue: "Our record results reflect the strength of our underlying business as we continued to drive margin improvement across our network. Our focus remains on improving results through ancillary revenue initiatives, cost control and profitable growth. We believe these efforts will drive improved returns for our shareholders," Robin Hayes, President. Source: Company statement, 23-Oct-2014.