More on JetBlue's (JBLU) Q1: Revenue passenger miles increased 7.6% to 8.51B on a capacity...

|About: JetBlue Airways Corporation (JBLU)|By:, SA News Editor

More on JetBlue's (JBLU) Q1: Revenue passenger miles increased 7.6% to 8.51B on a capacity increase of 6.3% as JetBlue was more aggressive than rivals in expanding routes at the cost of profitability. Passenger revenue per available seat mile increased 1.8% compared to a year ago. Looking ahead, the carrier expects capacity to increase between 6.5% and 8.5% in Q2 and to increase between 6.0% and 8.0% for the full year. The company announced that it has obtained a new revolving credit facility for up to $350M. JBLU -3.1% premarket. (PR)