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30-Oct-2013 6:28 AM

JetBlue Airways Corporation reports best quarterly profit in 3Q2013

JetBlue Airways Corporation revenue up 10% - financial highlights for three months ended 30-Sep-2013:

  • Total operating revenue: USD1442 million, +10.4% year-on-year;
  • Total operating costs: USD1290 million, +8.1%;
    • Fuel: USD501 million, +4.2%;
    • Labour: USD283 million, +8.0%;
  • Operating profit: USD152 million, +34.8%;
  • Net profit: USD71 million, +57.8%;
  • Passenger numbers: 8.1 million, +4.0%;
  • Load factor: 85.0%, +0.2 ppt;
  • Average fare: USD164.02, +6.5%;
  • Yield: USD 13.83 cents, +5.1%;
  • Passenger revenue per ASM: USD 11.75 cents, +5.4%;
  • Operating revenue per ASM: USD 12.82 cents, +5.0%;
  • Operating cost per ASM: USD 11.47 cents, +2.8%;
  • Operating cost per ASM excl fuel: USD 7.02 cents, +5.3%;
  • Average stage length: 1085 miles, -0.9%;
  • Total assets: USD7444 million;
  • Cash and cash equivalents: USD373 million;
  • Total debt: USD2842 million. [more - original PR - 8K] [more - original PR - 10Q]

JetBlue: “We are pleased to report our highest ever quarterly earnings and our fourteenth consecutive quarter of profitability,” Dave Barger, CEO. Source: Company statement, 29-Oct-2013.

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