JetBlue, United, US Airways Report Earnings

Published
by
Dan Webb
on July 22, 2008
in JetBlue, US Airways and United
. Tags: , , , .

Here’s a very quick rundown of today’s earnings.

JetBlue posted a net loss of $7 million. The airline is also ending service to Ontario (it only opearted a flight to JFK from there) in September. The conference call is at 10 AM.

United reported a $2.7 billion net loss, or $151 million excluding special charges. That conference call is at 11 AM.

Finally, US Airways had a net loss of $567 million, or, excluding special items, a $101 million loss. The airline’s call is at 12:30 PM.

2 Responses to “JetBlue, United, US Airways Report Earnings”

Feed for this Entry Trackback Address
  1. 1 Court
    July 23, 2008 at 6:17 am

    Dan,

    Have you heard anything about cash levels still on hand? That’s the number I’m watching very intently.

  2. 2 Dan Webb
    July 23, 2008 at 10:07 pm

    Generally the cash levels seem to be good…and a couple of the airlines have reported a couple billion dollars (and more) on hand.

    But I plan to talk about that a bit more next week. Southwest and Alaska report tomorrow and I want to see what they have to say before I start comparing.

Leave a Reply