JetBlue Airways Embraer ERJ 190-100 IGW N192JB (msn 19000014) (Stripes) CLT (Bruce Drum), originally uploaded by Airliners Gallery.
JetBlue Airways (New York-JFK) reported a net loss for the first quarter of $1 million, or $0.01 per diluted share. This compares to JetBlue’s first quarter 2009 net income of $12 million, or $0.05 per diluted share.
In other news, jetBlue announce plans to serve the Ronald Reagan Washington National Airport (DCA), its third airport in the Washington/Baltimore area, with seven daily nonstop flights to Boston’s Logan International Airport (BOS) and one daily nonstop flight each to Fort Lauderdale-Hollywood International Airport (FLL) and Orlando International Airport (MCO) beginning November 1, 2010.
DCA will be JetBlue’s 62nd destination. The carrier also serves the region with service from Washington Dulles International Airport (IAD) and Baltimore/Washington International Thurgood Marshall Airport (BWI). With the addition of DCA’s seven daily shuttle flights to Boston — complementing five daily nonstop flights from BWI and six daily flights between Boston and IAD — JetBlue will become the largest carrier for flights between Boston and the Washington DC region offering 18 conveniently-timed departures.
Copyright Photo: Bruce Drum. Embraer ERJ 190-100 IGW N192JB (msn 19000014) taxies to the runway at Charlotte.
Too bad jetBlue posted a loss. (Even if it was only $1 mil) Personally I believe it had to do with the launch of their new reservation system. From January 29 thru February 2, JetBlue capped ALL flights to around a 60. Load factor and even ran a system wide reduced schedule. You take away those flight caps and not reduce the schedule for those 4-5 days and JetBlue is posting a small profit for the quarter. Sucks to have lost that string of profitability but the new reservation system seems to be doing well when it comes to interlining compatibility.
Thank you Champ. I think jetBlue is positioned well as the economy improves. They will be OK.
Bruce