January 26, 2017 / 4:17 PM / a year ago

BRIEF-JetBlue says key revenue metric to decline in January

Jan 26 (Reuters) - JetBlue Airways Corp :

* In 2017, plan to continue to invest in Boston, Fort Lauderdale and the West Coast - Conf call

* In quarter, Latin American results remained mixed but performed generally in line with the system - Conf call

* Still closely monitoring the economic trends in Puerto Rico - Conf call

* Sees January RASM to decline between 8 percent and 9 pecrent - Conf call

* Impact of winter storm Jonas last year negatively impacted January RASM by two points - Conf call

* Expect January to be weakest month of the quarter - Conf call

* Beyond January, current bookings are pointing to positive RASM in “peak February periods” - Conf call

* “Initial read on April is also encouraging” - Conf call

* Expect sequential improvement in RASM from the first to second quarter - Conf call

* December and January calendar shift compressed holiday return and had an impact on overall demand for holiday travel - Conf call

* Planned capacity growth should be be higher in the second half of 2017 - Conf call

* Expect CASM excluding fuel growth to be higher in the first half of year - Conf call

* Expect CASM ex-fuel growth to peak in Q2 and then moderate as we move through Q3 and Q4 - Conf call

* For the first quarter, we expect total capital expenditures of approximately $305 million to $365 million - Conf call

* Expect to use a mix of cash and debt financing for 2017 orders - Conf call

* Have not seen any change to pilot attrition numbers - Conf call

* Plan to recruit about 200 to 300 pilots this year - Conf call Further company coverage:

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