JetBlue Airways Corporation (NASDAQ:JBLU) Q2 2020 Earnings Conference Call - Final Transcript

Jul 28, 2020 • 10:00 am ET


JetBlue Airways Corporation (NASDAQ:JBLU) Q2 2020 Earnings Conference Call - Final Transcript


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Good morning, my name is Nora. I would like to welcome everyone to the JetBlue Airways Second Quarter 2020 Earnings Conference Call. As a reminder, today's call is being recorded. At this time, all participants are in a listen-only mode. I would now like to turn the call over to JetBlue's Vice President of Investor Relations, David Fintzen. Please go ahead.

David Fintzen

Thanks, Nora. Good morning everyone. Thanks for joining us for our second quarter 2020 earnings call. This morning we issued our earnings release, our investor update, and a presentation we'll reference during this call. All of those documents are available on our website at and have been filed with the SEC. Joining me here in New York to discuss our results are Robin Hayes, our Chief Executive Officer; Joanna Geraghty, our President and Chief Operating Officer; and Steve Priest, our Chief Financial Officer. Also joining us for Q&A are Scott Laurence, Head of Revenue and Planning; and Dave Clark, VP of Sales and Revenue Management.

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 our press release, 10-Q, and other reports filed with the SEC. Also during the course of our call, we may discuss several non-GAAP financial measures. For a reconciliation of these non-GAAP measures to GAAP measures, please refer to the tables at the end of our earnings release, a copy of which is available on our website. And now, I'd like to turn the call over to Robin Hayes, JetBlue's CEO.

Robin Hayes

Thanks, Dave and good morning everyone and thank you for joining us. Our thoughts are with all of our crew members who have been impacted by the ongoing pandemic especially the families, friends, and loved ones of those we have lost at JetBlue. I'm sorry to say that we are deeply saddened to have lost two more crew members to coronavirus both on July the 16th. We remember Brittney Jones from our airport operations team at Fort Lauderdale who joined JetBlue just over a year ago. She was known for her kindness and optimism with customers and her colleagues alike.

We also remember Orlando Tavarez, who was a quality control inspector in technical operations, and he most recently served on the temporary duty assignment in Fort Lauderdale. During his eight-year career with JetBlue, he exhibited our values, working with passion and pride in everything he did and considered himself quote unquote JetBlue 100%. Losing two beloved members of our JetBlue family on the same day is a painful reminder of this pandemic's reach and severity.

In the last quarter, we've also seen issues of racial equality come to the forefront and prompted the long overdue dialog around racial equality and justice in this country. At JetBlue, we were born with