jbucpt
Well-known member
- Joined
- Nov 5, 2002
- Posts
- 109
JetBlue Swings To A Loss In Q3; Plans To Reduce Growth Rate By Cutting Fleet - Update
Tuesday, October 24, 2006; Posted: 11:47 AM
You were saying.
Go back and clean the cabin son.
put down your ALPA magazine and let me given you reality check regarding jetblue for the 4th quarter 2006, per James Parker Ph.D of Raymond James. (if you need more analyst info on jetblue, ill be happy to provide it)
all without being in bankruptcy. can you give me independent research outlook on delta (not what your CEO is selling to prevent a merger) so i can compare??
- revenue and cost better than originally anticipated.
- jetblue now projects a 4Q passenger RASM increase of 22-24% y/y and ex-fuel CASM to increase just 3-5% y/y (down 2 points from prior guidance)
- removing seats to a 150 confiquration creates a net savings of 30 million over 5 years.
- based on these positive trends we are raising our 4Q and 2007 EPS estimates of $.12 and $0.50, respectively, up from $(0.01) and $ 0.45. our 2008 EPS estimate remains unchanged at $0.80.
- moreover, we reiterate our outperform rating and $16 target on JBLU.
- as momentum clearly is continuing to build for the company. JETBLUE in our view, is well on its way to double-digits margins.
now, be a good DALPA B#tch, and spread those butt-cheeks for Grinstein.