JetBlue Airways

U.S. Airlines Report Declines in Unit Revenue as They Expand Capacity

A number of U.S. airlines have reported declines in passenger unit revenues (PRASM) while also reporting higher capacity numbers. Airline stocks predominantly closed in the negative on Tuesday after investors were concerned that falling revenues couldn't be offset by the record-low fuel prices. Some experts even predict that airlines are repeating past mistakes of expanding capacity while accepting 

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Overall On-Time Performance Down in January 2016 Air Travel Consumer Report

Today, the U.S Department of Transportation released its January 2016 Air Travel Consumer Report providing data for November 2015. In the report, airlines are ranked according to: Flight Delays (On-time arrivals) Flight Cancellations (Completion rate) Mishandled Baggage (Baggage) Oversales (Denied Boardings) Customer Complaints (Complaints) The top performing carriers in the December 2015 report were: Delta 

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U.S. Airlines Raised Fares in Sector-Wide Hike

U.S. airlines have posted record profits in 2015, mainly due to two main factors. First, the price of oil hit a 11-year low this week, trading at $34.83 for a barrel of Brent crude, which is a slump by more than two-thirds since July 2014. Second, the U.S. airline industry has seen an unprecedented wave of 

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JetBlue Airways Q3 Results

JetBlue released its Q3 financial results this morning. Here are the highlights: Operating income of $351 million, compared to $164 in Q3 2014 Net income of $198 million or $0.58 per diluted share Passenger unit revenues declined 0.6% year over year JetBlue announced very solid results, beating earnings expectations. The airline was able to benefit 

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How Not to Board a Flight

Those of you who travel frequently will appreciate this short clip published by JetBlue - How not to board a flight. This clip is just too good not to share. If you are member of some Frequent Flyer websites such as Flyertalk.com, the term "Gate lice" will probably sound familiar - that is how I 

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