JetBlue Airways last week lowered its full-year guidance on pre-tax profit margin to -2%-0%, down 1 point from guidance provided in July, and lowered its third-quarter RASM growth outlook to 13%-15% from 18%-20% previously. Merrill Lynch warned that the LCC "faces significant revenue challenges." The airline also said last week that it plans to close the sales of two of its A320s this month and three more in October, resulting in a $6 million gain in the third quarter.

Subscribe to Access this Entire Article

"Printer-friendly" 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?

Already registered? here.