Company Watch - JetBlue Airways.For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Jul 31, 2006 JetBlue in final talks with GDS GDS Global Distribution System GDS Google Desktop Search (Google) GDS Goodie Domain Service (Vienna University of Technology, Austria) GDS Guards companies, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. says. JetBlue Chief Executive David Neeleman David G. Neeleman (born October 16, 1959) is the founder and former CEO of JetBlue Airways. Neeleman, an American of Dutch descent, was born in São Paulo, Brazil.[1] says the carrier is in final talks with several global distribution systems. Agreements with the GDS firms will give JetBlue access to corporate bookers and fliers using travel agents. Jul 26, 2006 JetBlue returns to the black. JetBlue Airways For the Jet Blue database used in Exchange Server and Active Directory, see Extensible Storage Engine. JetBlue Airways is a major American low-cost airline owned by JetBlue Airways Corporation (NASDAQ: JBLU). on Tuesday said its quarterly earnings were flat, beating Wall Street's expectations, but a disappointing outlook caused the shares to tumble. After two consecutive quarters in the red, JetBlue Airways announced a return to profitability yesterday with net earnings of $14 million during the three months ended June 30, an increase of just 7.7% over the $13 million profit in the year-ago quarter but a performance that represented "a definite step in the right direction," according to Chairman and CEO David Neeleman."Our comprehensive and ongoing plan has become a new way of doing business at JetBlue," Neeleman added. Jul 26, 2006 JetBlue Airways operating revenues surged 42.4% to $612 million from $429 million in the year-ago period. Expenses jumped 45.2% to $565 million, driven by a 72.4% rise in fuel costs to $192 million and a 27.1% increase in employee costs to $134 million. Operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. climbed 15.5% to $47 million from $40 million. Jul 26, 2006 JetBlue Airways flew 5.92 billion RPMs during the quarter, up 15.6%, against a 23.2% capacity increase to 7.2 billion ASMs, sending load factor down 5.5 points to 82.2%. Its effort to increase average fares to $115-$120 has been a success as the average ticket price grew 14.9% to $127.87. Jul 26, 2006 JetBlue Airways yield increased 21.7% to 9.77 cents and operating RASM RASM Revenue per Available Seat Mile RASM Reliability, Availability, Scalability and Manageability (Red Hat, Inc.) RASM Rear Admiral Submarines (UK) RASM Recorded Announcement Systems Manager was up 15.6% to 8.48 cents. Unit costs rose 17.8% to 7.83 cents--9% to 5.17 cents excluding fuel. Average number of operating aircraft during the period increased 38.1% to 102.6 but utilization fell 5.6% to 13 hr. per day and average stage length dropped 8.4% to 1,253 mi. Jul 26, 2006 JetBlue Airways began four-times-daily flights between New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of JFK and Raleigh-Durham aboard Embraer 190s. Jul 24, 2006 |
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