January 27, 2011

JetBlue Announces 2010 Annual Profit

Today we reported our results for the fourth quarter and full year 2010:

  • Pre-tax income of $15 million in the fourth quarter. This compares to pre-tax income of $20 million in the year-ago period.
  • For the full year 2010, JetBlue reported pre-tax income of $161 million. This compares to a pre-tax income of $104 million for the full year 2009.
  • Net income for the fourth quarter was $9 million, or $0.03 per diluted share. This compares to JetBlue’s fourth quarter 2009 net income of $11 million, or $0.04 per diluted share.
  • For the full year 2010, JetBlue reported net income of $97 million, or $0.31 per diluted share. This compares to net income of $61 million, or $0.21 per diluted share, for the full year 2009.

“Clearly, 2010 was an excellent year for JetBlue,” said Dave Barger, our CEO. “Thanks to the hard work and dedication of our outstanding crewmembers, we successfully transitioned to a new customer service and reservations system, strengthened our network in key markets such as Boston and the Caribbean, and created new revenue opportunities through airline partnerships and other product enhancements. As we look ahead into 2011, we believe we are taking the right steps to continue to strengthen our airline and improve our competitive position.”

Press release

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