JetBlue Q4 2015 income nearly doubles YoY

JetBlue Airways Corporation (NASDAQ:JBLU) reported operating income of USD330 million in the fourth quarter, the company said.

This compares to operating income of USD169 million in the fourth quarter of 2014.

For the full year 2015, JetBlue reported operating income of USD1.2 billion, compared to operating income of USD515 million in 2014.

Pre-tax income of USD303 million in the fourth quarter. This compares to pre-tax income of USD140 million in the fourth quarter of 2014.

For the full year 2015, JetBlue reported pre-tax income of USD1.1 billion, compared to pre-tax income excluding special items of USD382 million in 2014.

On a GAAP basis, pre-tax income was USD623 million in 2014, which included the gain on sale of JetBlue´s wholly-owned subsidiary LiveTV.

JetBlue reported record fourth quarter operating revenues of USD1.6 billion. Revenue passenger miles for the fourth quarter increased 12.4 percent to 10.6 billion on a capacity increase of 10.4 percent, resulting in a fourth quarter load factor of 83.6 percent, an increase of 1.5 points year over year.

JetBlue is New York´s Hometown Airlineâ„¢, and a leading carrier in Boston, Fort Lauderdale – Hollywood, Los Angeles (Long Beach), Orlando, and San Juan. JetBlue carries more than 35 million customers a year to 95 cities in the U.S., Caribbean, and Latin America with an average of 900 daily flights.