JetBlue 2016 net profit up 12% to US$759m
JetBlue Airways earned a full-year 2016 net profit of US$759m, up 12% over net income of $677m in 2015. The airline’s full-year operating margin increased 0.8% year-over-year to 19.8% JetBlue’s 2016 revenue grew 3.4% to $6.6b as expenses increased 2.3% to $5.3b, producing operating income of $1.3b, up 2.3% over $1.2b in operating profit for 2015. Full-year traffic grew 9.4% to 45.6b RPMs on an 8.9% increase in capacity to 53.6b ASMs, producing a load factor of 85.1%, up 0.4 point. Full-year passenger yield decreased 6.7% to 13.18 cents. For Q4 2016, JetBlue posted a net profit of $172m, down 9.5% from $190m in the year-ago December quarter. Operating revenue in the quarter was $1.6b, up 3% year-over-year, resulting in $296m in operating income, down 10.4% YOY. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-01-27/unaligned/jetblue-2016-net-profit-up-12-to-us-759m
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JetBlue 2016 net profit up 12% to US$759m
JetBlue Airways earned a full-year 2016 net profit of US$759m, up 12% over net income of $677m in 2015. The airline’s full-year operating margin increased 0.8% year-over-year to 19.8% JetBlue’s 2016 revenue grew 3.4% to $6.6b as expenses increased 2.3% to $5.3b, producing operating income of $1.3b, up 2.3% over $1.2b in operating profit for 2015. Full-year traffic grew 9.4% to 45.6b RPMs on an 8.9% increase in capacity to 53.6b ASMs, producing a load factor of 85.1%, up 0.4 point. Full-year passenger yield decreased 6.7% to 13.18 cents. For Q4 2016, JetBlue posted a net profit of $172m, down 9.5% from $190m in the year-ago December quarter. Operating revenue in the quarter was $1.6b, up 3% year-over-year, resulting in $296m in operating income, down 10.4% YOY. <br/>
