JetBlue Airways Corporation (NASDAQ: JBLU) today reported its results for the second quarter 2012:
Operating income for the quarter was $130 million, resulting in a 10.2% operating margin, compared to operating income of $86 million and a 7.5% operating margin in the second quarter of 2011.
Pre-tax income of $86 million in the second quarter. This compares to pre-tax income of $43 million in the second quarter of 2011.
Net income for the second quarter was $52 million, or $0.16 per diluted share.
This compares to JetBlue's second quarter 2011 net income of $25 million, or $0.08 per diluted share.
"Thanks to the hard work of our outstanding crewmembers, we reported our ninth consecutive quarter of profitability and our highest ever second quarter profit," said Dave Barger, JetBlue's President and Chief Executive Officer. "Our focused growth strategy in Boston and the Caribbean & Latin America is clearly paying off as we generated record revenues and improved operating margins."
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