Key Developments: JetBlue Airways Corp (JBLU.O)
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24 May 2013
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Latest Key Developments (Source: Significant Developments)
JetBlue Airways Corp Comments On Q2 2013 CASM Guidance; Revises FY 2013 CASM Guidance
JetBlue Airways Corp announced that for the second quarter of 2013, CASM is expected to be between negative 1.5% and positive 0.5% compared to the year-ago period. Excluding fuel and profit sharing, CASM in the second quarter 2013 is expected to increase between 3.0% and 5.0% year over year. CASM for fiscal 2013 is expected to increase between 1.5% and 3.5% over full year 2012. Excluding fuel and profit sharing, CASM in 2013 is expected to increase between 2.0% and 4.0% year over year. Full Article
JetBlue Airways Corp Comments On Q1, FY 2013 CASM Guidance
JetBlue Airways Corp announced that for the first quarter of 2013, CASM is expected to increase between 1.0% and 3.0% over the year-ago period. Excluding fuel and profit sharing, CASM in the first quarter is expected to increase between 2.0% and 4.0% year over year. CASM for fiscal 2013 is expected to increase between 1.5% and 3.5% over fiscal 2012. Excluding fuel and profit sharing, CASM in fiscal 2013 is expected to increase between 1.0% and 3.0% year over year. Full Article
JetBlue Airways Corp Comments On Q3, FY 2012 CASM Guidance
JetBlue Airways Corp announced that for the third quarter of 2012, it expects CASM to increase between 1.0% and 3.0% over the year-ago period. Excluding fuel, CASM in the third quarter is expected to increase between 4.5% and 6.5% year over year. For fiscal 2012, it expects CASMto increase between 1.0% and 3.0% over full year 2011. Excluding fuel, CASM in 2012 is expected to increase between 2.5% and 4.5% year over year. Full Article
JetBlue Airways And Cathay Pacific Airways Ltd Announce Interline Agreement For New Connections To Asia Pacific
JetBlue Airways and Cathay Pacific Airways Ltd, announced they have entered into an interline agreement that will link each other's networks and bring new flight options to travellers between Asia Pacific and the Americas. Through the arrangement, effective later this summer, JetBlue and Cathay Pacific plan to offer the ease of single-ticket travel and one-stop baggage check-in for travellers transferring between the airlines at New York's John F. Kennedy International Airport (JFK) and Los Angeles International Airport (LAX). Full Article
JetBlue Airways And Air China Ltd Announce Plans To Partner
JetBlue Airways and Air China Limited announced a new partnership at the 68th Annual General Meeting of the International Air Transport Association (IATA) in the Chinese capital. Air China and JetBlue will initially offer interline connections between their networks at New York/JFK as well as at Los Angeles International Airport (LAX). Subject to government approval, Air China this autumn plans to enter into a codeshare with JetBlue and place its 'CA' designator on flights operated by JetBlue. Full Article
JetBlue Airways And Hawaiian Airlines Announce New Partnership Agreement
JetBlue Airways nd Hawaiian Airlines announced a deepening of their partnership with the signing of new agreements to offer new benefits and convenience to the customers of both airlines. Members of both carriers' frequent flyer programs can soon earn and redeem loyalty points or miles for travel on either airline. Travellers can also find convenient connections between points throughout the East Coast and points throughout Hawaii with the signing of a new codeshare agreement. Both agreements will be in effect on June 5, when Hawaiian launches the only nonstop service between New York City and Hawaii with daily widebody flights between JetBlue's Terminal 5 at John F. Kennedy International Airport (JFK) in New York City and Honolulu International Airport (HNL). Full Article
JetBlue Airways And Turkish Airlines Form Partnership
JetBlue Airways and Turkish Airlines, the global carrier, announced an interline agreement to connect the carriers' networks at New York's John F. Kennedy (JFK) International Airport and Washington Dulles International Airport (IAD). Through this new partnership, customers will be able to transfer in either U.S. city between Turkish Airlines- and JetBlue-operated flights while enjoying one-stop ticketing and check-in plus hassle-free baggage transfer and other benefits. JetBlue offers connections to and from dozens of cities throughout the United States including Boston, Massachusetts; Buffalo/Niagara Falls, New York; Charlotte and Raleigh, North Carolina; Fort Lauderdale and Orlando, Florida; Pittsburgh, Pennsylvania; and San Juan, Puerto Rico. Full Article
JetBlue Airways Names Mark Powers As Chief Financial Officer
JetBlue Airways announced the appointment of Mark Powers to the position of Chief Financial Officer. Mr. Powers has served as CFO on an interim basis since October 2011. Full Article
JetBlue Airways Takes Off Between Newark And San Juan, Puerto Rico
JetBlue Airways announced that it has launched service to its 12th nonstop destination from San Juan's Luis Munoz MarinInternational Airport (SJU), Newark Liberty International Airport (EWR).The airline plans to begin its 13th route from San Juan on May 15, 2012, when service between the island and West Palm Beach International will begin. Full Article
JetBlue Airways Corp Announces Codeshare With Emirates
JetBlue Airways and Emirates announced a codeshare agreement to connect the carriers' networks via New York's John F. Kennedy (JFK) International Airport. Full Article
BRIEF-JetBlue comments on air traffic staff cuts
April 25 - JetBlue Airways Corp : * During earnings call, CEO Dave Barger says delays at New York area airports have risen as U.S. air traffic
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