JetBlue Airways has a profitable 4Q and 2011

January 26, 2012 — JetBlue Airways

JetBlue Airways Airbus A320-232 N568JB (msn 2063) (Blueberries) LGB (Michael B. Ing), originally uploaded by Airliners Gallery.

JetBlue Airways Corporation (New York) today reported its results for the fourth quarter and full year 2011:

Pre-tax income of $40 million in the fourth quarter. This compares to pre-tax income of $13 million in the year-ago period.

For the full year 2011, JetBlue reported pre-tax income of $145 million. This compares to a pre-tax income of $161 million for the full year 2010.

Net income for the fourth quarter was $23 million, or $0.08 per diluted share. This compares to JetBlue’s fourth quarter 2010 net income of $8 million, or $0.03 per diluted share.

For the full year 2011, JetBlue reported net income of $86 million, or $0.28 per diluted share. This compares to net income of $97 million, or $0.31 per diluted share, for the full year 2010.

JetBlue ended the year with $1.2 billion in cash and short term investments.

Copyright Photo: Michael B. Ing.

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