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JB 2009 Profit

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NEW YORK, Jan 28, 2010 /PRNewswire via COMTEX/ -- JetBlue Airways Corporation (Nasdaq: JBLU) today reported its results for the fourth quarter and full year 2009:

  • Pre-tax income of $20 million in the fourth quarter. This compares to a pre-tax loss of $51 million in the year-ago period, which included a special charge of $53 million related to the valuation of JetBlue's auction rate securities.
  • For the full year 2009, JetBlue reported pre-tax income of $99 million. This compares to a pre-tax loss of $90 million for the full year 2008.
  • Net income for the fourth quarter was $11 million, or $0.04 per diluted share. This compares to JetBlue's fourth quarter 2008 net loss of $58 million, or $0.25 per diluted share.
  • For the full year 2009, JetBlue reported net income of $58 million, or $0.20 per diluted share. This compares to a net loss of $85 million, or $0.37 per diluted share, for the full year 2008.
 
Congrats B6, that is pretty damm good considering Southwest only made $99million with significantly more revenue. Let's hope this trend continues well into the future.
 
Air Tran seemed to do even better....
 
Good on JetBlue. Congrats.
 
At least they will be able to pay for these so called raises with FSM effeciencies that completely hose the pilot. Wake up my fellow brothers. You are being duped.
 

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