Cowen Upgrades JetBlue Airways (JBLU) to Outperform

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JetBlue Announces First Quarter Results

April 26, 2016 7:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- JetBlue Airways Corporation (NASDAQ: JBLU) today reported its results for the first quarter 2016:

Operating income of $349 million in the first quarter. This compares to operating income of $253 million in the first quarter of 2015. Pre-tax income of $323 million in the first quarter. This compares to pre-tax income of $222 million in the first quarter of 2015. Net income of $199 million, or $0.59 per diluted share. This compares to JetBlues first quarter 2015 net income of $137 million, or $0.40 per diluted share.

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