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JetBlue Airways Corp (JBLU.OQ)

JBLU.OQ on NASDAQ Stock Exchange Global Select Market

19.94USD
24 Mar 2017
Change (% chg)

$0.02 (+0.10%)
Prev Close
$19.92
Open
$19.96
Day's High
$20.17
Day's Low
$19.90
Volume
995,881
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1,517,757
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Latest Key Developments (Source: Significant Developments)

JetBlue Airways sees $250-$300 mln in structural cost savings by 2020
Wednesday, 15 Mar 2017 10:57am EDT 

JetBlue Airways Corp :Sees $250-$300 mln in structural cost savings by 2020.  Full Article

Jetblue Airways reports February traffic
Friday, 10 Mar 2017 08:00am EST 

Jetblue Airways Corp : Jetblue Airways reports February traffic . February load factor 82.6 percent, down 0.5 points . Jetblue - Co's preliminary revenue per available seat mile for February increased approximately one and a half percent year over year . Jetblue - for Q1 of 2017, RASM is expected to decrease between four and five percent year over year . Jetblue - March RASM is expected to be negatively impacted by approximately six percentage points due to Easter calendar placement . Jetblue - traffic in February increased 0.1 percent from February 2016, on a capacity increase of 0.7 percent .Jetblue - excluding impact of winter storms Niko and Orson, February RASM decreased approximately one half of a percent.  Full Article

Jetblue Airways says entered into an agreement to implement an accelerated share repurchase program
Tuesday, 7 Mar 2017 06:05am EST 

Jetblue Airways Corp : Jetblue airways corp - entered into an agreement to implement an accelerated share repurchase program - sec filing . Jetblue airways corp- asr program is expected to be completed by end of q2 of 2017 and will be funded with cash on hand . Jetblue airways - on march 7, co will pay $100 million to barclays, to initially receive about 4.1 million shares based on closing share price on march 6 .Jetblue airways corp- after executing the asr program, co will have approximately $280 million of repurchase authority remaining - sec filing.  Full Article

Jetblue Airways CFO Steve Priest to be paid base salary of $400,000 per year - SEC filing
Tuesday, 21 Feb 2017 09:16am EST 

Jetblue Airways Corp :Jetblue Airways - in connection with appointment as CFO, Steve Priest will be paid a base salary of $400,000 per year - SEC filing.  Full Article

Jetblue appoints Steve Priest as CFO
Tuesday, 21 Feb 2017 08:15am EST 

Jetblue Airways Corp : Jetblue appoints Steve Priest as chief financial officer .Jetblue airways corp - priest will succeed jim leddy, who served as interim chief financial officer since november.  Full Article

Jetblue Airways says Jan. load factor 83.3 pct, up 0.7 points
Friday, 10 Feb 2017 08:00am EST 

Jetblue Airways Corp : Jetblue airways reports january traffic . January load factor 83.3 percent, up 0.7 points . Jetblue airways corp - jetblue's preliminary revenue per available seat mile for month of january decreased approximately 8.5 percent year over year . Jetblue airways corp - jan revenue passenger miles 3.86 billion, up 8.6% . Jetblue airways - jan rpms was negatively impacted by approximately 5 points due to holiday placement and impact of winter weather last year .Jetblue airways corp - traffic in january increased 8.6 percent from january 2016, on a capacity increase of 7.7 percent.  Full Article

Jetblue Airways Corp q1 2017 ASMS are estimated to increase 4.5 pct to 6.5 pct y-o-y
Monday, 6 Feb 2017 07:36am EST 

Jetblue Airways Corp : Q1 2017 available seat miles (ASMS) are estimated to increase 4.5 pct to 6.5 pct year-over-year . Full year 2017 ASMS are estimated to increase 5.5 pct to 7.5 pct year-over-year, 1 point lower than our prior guidance . Average stage length is projected to decrease year-over-year by approximately 2.5 pct for Q1 2017 . Sees full year 2017 capex $1,200 mln - $1,400 mln .Sees FY 2017 casm ex-fuel 1.5 pct - 3.5 pct - SEC filing.  Full Article

JetBlue says key revenue metric to decline in January
Thursday, 26 Jan 2017 09:15am EST 

JetBlue Airways Corp : In 2017, plan to continue to invest in Boston, Fort Lauderdale and the West Coast - Conf call . In quarter, Latin American results remained mixed but performed generally in line with the system - Conf call . Still closely monitoring the economic trends in Puerto Rico - Conf call . Sees January RASM to decline between 8 percent and 9 pecrent - Conf call . Impact of winter storm Jonas last year negatively impacted January RASM by two points - Conf call . Expect January to be weakest month of the quarter - Conf call . Beyond January, current bookings are pointing to positive RASM in "peak February periods" - Conf call . "Initial read on April is also encouraging" - Conf call . Expect sequential improvement in RASM from the first to second quarter - Conf call . December and January calendar shift compressed holiday return and had an impact on overall demand for holiday travel - Conf call . Planned capacity growth should be be higher in the second half of 2017 - Conf call . Expect CASM excluding fuel growth to be higher in the first half of year - Conf call . Expect CASM ex-fuel growth to peak in Q2 and then moderate as we move through Q3 and Q4 - Conf call . For the first quarter, we expect total capital expenditures of approximately $305 million to $365 million - Conf call . Expect to use a mix of cash and debt financing for 2017 orders - Conf call . Have not seen any change to pilot attrition numbers - Conf call.  Full Article

Jetblue Airways Corp Q1 available seat miles are estimated to increase 4.5pct to 6.5pct
Thursday, 26 Jan 2017 08:00am EST 

Jetblue Airways Corp : Jetblue Airways Corp - first quarter 2017 available seat miles (asms) are estimated to increase 4.5pct to 6.5pct year-over-year .Jetblue Airways Corp - full year 2017 asms are estimated to increase 6.5pct to 8.5pct year-over-year.  Full Article

JetBlue reports Q4 earnings per share $0.50
Thursday, 26 Jan 2017 07:30am EST 

Jetblue Airways Corp : JetBlue announces fourth quarter and full year results . Q4 Revenue $1.6 billion vs I/B/E/S view $1.64 billion . For Q1 of 2017, year over year CASM excluding fuel is expected to grow between 3% and 5% . Q4 earnings per share $0.50 . Q4 earnings per share view $0.49 -- Thomson Reuters I/B/E/S . For Q1 of 2017, year over year CASM excluding fuel is expected to grow between 3% and 5% . Says in Q1 2017, capacity is expected to increase between 4.5% and 6.5% . Says Q4 load factor of 84.7%, a 1.1 point increase year over year . For full year 2017, JetBlue expects year over year casm excluding fuel to grow between 1% and 3%, consistent with prior guidance .Says for full year 2017, JetBlue continues to expect capacity to increase between 6.5% and 8.5%.  Full Article

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BRIEF-JetBlue Airways sees $250-$300 mln in structural cost savings by 2020

* Sees $250-$300 mln in structural cost savings by 2020 Source text : (http://bit.ly/2mszfUh) Further company coverage: