Today we reported our results for the second quarter 2012:
- Operating income for the quarter was $130 million, resulting in a 10.2% operating margin, compared to operating income of $86 million and a 7.5% operating margin in the second quarter of 2011.
- Pre-tax income of $86 million in the second quarter. This compares to pre-tax income of $43 million in the second quarter of 2011.
- Net income for the second quarter was $52 million, or $0.16 per diluted share. This compares to JetBlue’s second quarter 2011 net income of $25 million, or $0.08 per diluted share.
We reported record second quarter operating revenues of $1.3 billion, an increase of 11.0% versus last year. Revenue passenger miles for the second quarter increased 10.5% to 8.50 billion on a capacity increase of 5.5%, resulting in a second quarter load factor of 85.3%, an increase of 3.8 points year over year.