jetblue airways corp (JBLU) Key Developments
JetBlue Airways Corporation Increases its Caribbean Presence, Adds Port of Spain, Trinidad and Tobago to its Growing Network
Feb 24 14
JetBlue Airways Corporation added a once daily nonstop service from New York's John F. Kennedy International Airport to Piarco International Airport in Port of Spain, Trinidad and Tobago. On May 1, additional nonstop service from Fort Lauderdale will commence, increasing JetBlue's offering to two daily flights between the U.S. and Trinidad and Tobago. To celebrate the airline's newest route, flights from New York to Port of Spain are on sale from $169 one way (a) for travel between March 13 and June 12, 2014 (blackout dates April 9, 2014 through April 29, 2014). Tickets must be booked by March 3, 2014. Port of Spain is the 84th city in JetBlue's route network. The nonstop service to Port of Spain from Fort Lauderdale starts on May 1, the same day the airline will also launch Fort Lauderdale - Montego Bay, Jamaica; Fort Lauderdale - Punta Cana, Dominican Republic; and Newark - Santiago, Dominican Republic. JetBlue's schedule between New York City (JFK) and Port of Spain (POS), effective February 24, 2014. JetBlue's schedule between Fort Lauderdale (FLL) and Port of Spain (POS), effective from May 1, 2014.
JetBlue Airways Launches Service to Savannah/Hilton Head From New York and Boston
Feb 13 14
JetBlue Airways launched service from both Boston's Logan International Airport and New York's John F. Kennedy International Airport to Savannah/Hilton Head International Airport. The popular southern destination is the 83rd city in the company's route network and is the airline's 50th nonstop destination from Boston.
JetBlue Airways Corporation Reports Preliminary Operating Results for the Month January 2014
Feb 11 14
JetBlue Airways Corporation reported preliminary operating results for the month January 2014. For the month, the company’s revenue passenger miles were 2,784,854,000 against 2,788,721,000 a year ago. Available seat miles were 3,365,105,000 against 3,414,264,000 a year ago. Load factor was 82.8% against 81.7% a year ago. Revenue passengers were 2,343,953 against 2,387,691 a year ago. Traffic in January decreased 0.1% from January 2013, on a capacity decrease of 1.4%.
JetBlue Airways Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013
Feb 6 14
JetBlue Airways Corporation reported earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company's net income was $47 million, or $0.14 per diluted share, compared to $1 million, or $0 per diluted share, for the same quarter ended December 31, 2012.
Total operating revenues were $1.36 billion, compared to $1.19 billion for the same quarter ended December 31, 2012.
For the year, net income was $168 million, or $0.52 per diluted share, compared to $128 million, or $0.40 per diluted share, for the year ended December 31, 2012. Total operating revenues were $5.44 billion, compared to $4.98 billion for the year ended December 31, 2012.
JetBlue Acquires 12 Slot Pairs at Ronald Reagan Washington National Airport
Jan 30 14
JetBlue Airways has been informed that its bid for 12 slot pairs at Ronald Reagan Washington National Airport (DCA) has been provisionally accepted. These assets became available as a result of divestitures mandated by the U.S. Department of Justice (DOJ) in the American Airlines-US Airways merger. Once approved by DOJ, JetBlue expects to add 12 new roundtrip flights at Washington's popular, close-in airport. The airline plans to introduce nonstop service to cities it does not currently serve from DCA, expanding the benefits of its award-winning service to more communities, as well as add more flights on some existing routes.