JetBlue Airways yesterday released second-quarter guidance that featured a lift in its estimated pre-tax margin to 4%-6% from the 3%-5% forecast when it unveiled its first-quarter results two months ago (ATWOnline, April 25). Full-year pre-tax margin still is expected to be 1%-3%, a figure reduced from 2%-4% following a $22 million first-quarter loss. Operating margin in the current quarter is expected to be 9%-11%, with full-year coming in at 5%-7%. Passenger RASM is projected to improve ...
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