JetBlue Airways, burdened by winter weather and related operational problems in the current quarter, yesterday lowered its full-year estimated operating and pre-tax margin forecasts from its February guidance (ATWOnline, Feb. 22). Operating margin range will be 7%-9%, down from the 8%-10% forecast last month, and pre-tax margin will be 2%-4%, down from 3%-5%. First-quarter projections did not change. RASM is expected to rise 7%-9% in the quarter and 8%-10% for the year, while unit cost and ...

Subscribe to Access this Entire Article

"JetBlue lowers forecast again" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.