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Orlando Sentinel (Free subscription) | 27/10/2008
... and we're seizing upon those opportunities with our brand," JetBlue Chief Executive Officer Dave Barger said. "We feel very, very bullish regarding our ability to continue to grow in that part of the world."That should be good news for Central Florida, as JetBlue has taken to routing much of its traffic into the region through . In the past 12 months alone, JetBlue has announced new...
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MSNBC.com: Travel News (Free subscription) | 24/10/2008
... one side, making half the gates at the old terminal unusable.In a conference call, Chief Executive Dave Barger said the carrier had a "near-seamless" transition into its new facility on Wednesday. He called Terminal 6 "cramped and worn-out," noting the space is more than 40 years old.Terminal 5, which held a $743 million price tag, was the first terminal designed with original post-9/11...
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Today In the Sky (Free subscription) | 23/10/2008
... focused on the turmoil in the financial markets and the economic challenges that lie ahead," CEO Dave Barger says in a . "Despite the economic uncertainty, we see continued strength in our bookings in the near term."Its revenue rose 18% to $902 million vs. $765 million in the year-ago period.For the third quarter, revenue passenger miles remained flat at 6.8 billion as capacity was...
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The Street (Free subscription) | 23/10/2008
... Meanwhile, at JetBlue, "We see continued strength in our bookings in the near term," said CEO Dave Barger, in a prepared statement. During the quarter, RASM grew by 20.8% as capacity fell by 2.4%. CASM excluding fuel rose by 13.8% to 5.96 cents. At Alaska, net income excluding special items was $39.9 million or $1.10 a share. Analysts surveyed by Thomson Reuters had estimated 93 cents....
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New York Newsday (Free subscription) | 23/10/2008
JetBlue chief executive Dave Barger said that while revenues were at record levels in the quarter "High fuel prices, however, continued to be a challenge ... ""While fuel prices have dropped dramatically in recent weeks, we are focused on the turmoil in the financial markets and the economic challenges that lie ahead," Barger said in a statement before markets opened for trading.But,...
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Reuters UK (Free subscription) | 23/10/2008
... soared as the cost of a barrel of crude oil notched a record high in July.JetBlue Chief Executive Dave Barger said that while fuel prices have since fallen sharply, economic turmoil presents other challenges. Despite the uncertainty, bookings remain strong in the near-term, he said.JetBlue reported operating revenue of $902 million, a gain of 17.9 percent for the quarter.(Reporting...
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Seeking Alpha China (Free subscription) | 22/10/2008
The company gave some insight into its future performance on its Q2 conference call. JetBlue CEO Dave Barger said that revenue gains are "clearly not keeping pace" with the "extraordinary increase" in the price of jet fuel. The company expects Q3 operating margin of (1%) to 1%, and Q4 capacity down 6% to 9%. UBS upgraded JetBlue, along with most of the airline sector, on September 15,...
