JetBlue announces second quarter 2018 results

JetBlue Airways has reported a pre-tax loss of $160 million, inclusive of a $319 million E190 asset impairment charge. Excluding this charge, adjusted pre-tax income of $159 million, a decrease of 51.1% from the second quarter of 2017. The diluted loss per share of $0.38, inclusive of $319 million pre-tax impairment charge on E190 assets. Excluding this charge, adjusted diluted earnings per share of $0.38. This compares to JetBlue’s second quarter 2017 diluted earnings per share of $0.62. Second quarter 2018 revenue per available seat mile (RASM) decreased by 1.2%, year over year, including 2.5 points of negative impact from