JetBlue Airways Corporation. ( JBLU) Q4 2010 Earnings Conference Call January 27, 2011 10:00 a.m. ET Executives Dave Barger – Chief Executive Officer Ed Barnes – Chief Financial Officer Robin Hayes – Chief Commercial Officer Analysts Michael Linenberg – Deutsche Bank Jamie Baker – J.P. Morgan Bill Green – Morgan Stanley Duane Pfennigwerth – Raymond James Hunter Keay – Stifel Nicolaus Gary Chase – Barclays Capital Dan Mckenzie – Hudson Securities Helane Becker – Dahlman Rose & Co. Glenn Engel – Bank of America-Merrill Lynch Will Randow – Citigroup Kevin Crissey – UBS PresentationOperator
Good morning ladies and gentlemen and welcome to the JetBlue Airways fourth quarter and full year 2010 earnings conference call. Today's call is being recorded. On the call today is Dave Barger, JetBlue's CEO and Ed Barnes, JetBlue's CFO. On the call for Q&A is Robin Hayes, JetBlue's Chief Commercial Officer. As a reminder, this morning's call includes forward-looking statements about future events. Actual results may differ materially from those expressed in the forward-looking statements due to many factors, and therefore, investors should not place undue reliance on these statements. For additional information concerning factors that could cause results to differ from the forward-looking statements, please refer to the company's annual and periodic reports filed with the Securities and Exchange Commission. At this time, I would like to turn the call over to Dave Barger. Please go ahead, sir. Dave Barger Thank you, Christine. Good morning everyone and thank you for joining us today. This morning we reported fourth quarter net income of $9 million or earnings of $0.03 per diluted share. For the full year of 2010, we reported a net income of $97 million or $0.41 per diluted share, an improvement of $36 million compared to full year 2009.