“We are pleased to report a return to profitability in the second quarter with our highest-ever quarterly operating income,” said Dave Barger, JetBlue’s CEO. “During the quarter, we reported record revenues, reflecting an improved demand environment and the efforts of our outstanding crewmembers, who continue to be recognized with awards for exceptional customer service. Our second quarter results demonstrate the progress we are making to strengthen our network in Boston and New York, maximize revenues, control costs and maintain a long-term sustainable growth rate.”
- Operating income for the quarter was $94 million, resulting in a 10.1% operating margin, compared to operating income of $76 million and a 9.4% operating margin in the second quarter of 2009.
- Pre-tax income for the quarter was $51 million. This compares to pre-tax income of $36 million in the second quarter of 2009.
- Net income for the second quarter was $30 million, or $0.10 per diluted share. This compares to JetBlue’s second quarter 2009 net income of $20 million, or $0.07 per diluted share.