DB777
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JetBlue Reports $7M Profit For 1st Quarter

Thu Apr 21, 2005 9:31 pm

Photographing aircraft since the Earth was flat and on Airliners.net since #338
 
jdaniel001
Posts: 619
Joined: Wed Mar 16, 2005 2:36 pm

RE: JetBlue Reports $7M Profit For 1st Quarter

Thu Apr 21, 2005 9:50 pm

Wow, good for them. They barely made one, but a profit is a profit.
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isitsafenow
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Joined: Sun Feb 01, 2004 9:22 am

RE: JetBlue Reports $7M Profit For 1st Quarter

Thu Apr 21, 2005 10:04 pm

Its good but then again its not that good.
Over the same period last year, sales rose apx 30 per cent
that's grand! Very Very good!
However, profit dropped 50 per cent.
Next quarter should show if they stay black.
Indicators say probably not, but we shall see in July when second quarter figures are released.
JetBLue is still pushing the right buttons.
safe
If two people agree on EVERYTHING, then one isn't necessary.
 
kaputt
Posts: 166
Joined: Thu Dec 30, 2004 8:04 am

RE: JetBlue Reports $7M Profit For 1st Quarter

Thu Apr 21, 2005 11:29 pm

Good for them. Does anyone know what WN's results were?
Carpe the Diem...Seize The Carp
 
Udo
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RE: JetBlue Reports $7M Profit For 1st Quarter

Thu Apr 21, 2005 11:38 pm

One has to consider B6 has been expanding and adding capacity (74th A320 delivered some days ago) while most other airlines have been reducing their fleets.


Regards
Udo
Me & You & a Plane Named Blue...
 
norcal
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Joined: Sun Mar 20, 2005 1:44 am

RE: JetBlue Reports $7M Profit For 1st Quarter

Thu Apr 21, 2005 11:41 pm

jetBlue definately has the right buisness model. Prices similar to WN, but more frills like the free directTV. They are expanding at the right pace too. Does anyone know if they have plans to service IND?
 
Udo
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Joined: Tue May 18, 1999 5:16 pm

RE: JetBlue Reports $7M Profit For 1st Quarter

Thu Apr 21, 2005 11:56 pm

Quoting NorCal (Reply 5):
jetBlue definately has the right buisness model. Prices similar to WN, but more frills like the free directTV.

Absolutely. Neeleman just said some days ago that they were considering the sale of food, so it would be another step forward (and eliminate a disadvantage in competition with Song). A combination of free snacks and food sale would be very attractive.


Regards
Udo
Me & You & a Plane Named Blue...
 
graham697
Posts: 345
Joined: Fri Dec 12, 2003 11:59 am

RE: JetBlue Reports $7M Profit For 1st Quarter

Fri Apr 22, 2005 5:07 am

Does B6 hedge their fuel? I mean they have the financial capacity to do so, but I wonder if that is why the results are skewed a bit, like WN who would have produced a loss without the hedging. This shows how bad these fuel prices are getting.
Looking forward to the new AA
 
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lightsaber
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Joined: Wed Jan 19, 2005 10:55 pm

RE: JetBlue Reports $7M Profit For 1st Quarter

Fri Apr 22, 2005 8:50 am

Quoting Udo (Reply 4):
One has to consider B6 has been expanding and adding capacity (74th A320 delivered some days ago) while most other airlines have been reducing their fleets.

So true. I've "heard" that any annual expansion rate > 15% cuts that year's profit due to the startup costs of new planes (training, financing, route proving, etc.) But this should help B6 in the long run!

Interesting how this the "happy $7 million thread" versus:
http://www.airliners.net/discussions...eneral_aviation/read.main/2066344/

Lightsaber
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