JetBlue Airways Corporation reported unaudited consolidated operating and earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company's total operating revenues were $1,641 million compared to $1,594 million a year ago. Operating income was $296 million compared to $330 million a year ago. Income before income taxes was $274 million compared to $303 million a year ago. Net income was $172 million compared to $190 million a year ago. Earnings per common share - diluted were $0.50 compared to $0.56 a year ago.

For the year, the company's total operating revenues were $6,632 million compared to $6,416 million a year ago. Operating income was $1,312 million compared to $1,216 million a year ago. Income before income taxes was $1,216 million compared to $1,097 million a year ago. Net income was $759 million compared to $677 million a year ago. Earnings per common share - diluted were $2.22 compared to $1.98 a year ago.

The company announced operating results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company's revenue passenger miles were 11,185 million compared to 10,554 million a year ago. Available seat miles were 13,198 million compared to 12,626 million a year ago. Load factor was 84.7% compared to 83.6% a year ago. Revenue passengers were 9,532,000 compared to 8,911,000 a year ago.

For the year, the company's revenue passenger miles were 45,619 million compared to 41,711 million a year ago. Available seat miles were 53,620 million compared to 49,258 million a year ago. Load factor was 85.1% compared to 84.7% a year ago. Revenue passengers were 38,263,000 compared to 35,101,000 a year ago.

For the first quarter of 2017, year over year CASM excluding fuel is expected to grow between 3% and 5%. In the first quarter 2017, capacity is expected to increase between 4.5% and 6.5%. The company expects January RASM to decline between 8% and 9%. For the first quarter, the company expects total capital expenditures of approximately $305 million to $365 million.

For the full year 2017, the company expects year over year CASM excluding fuel to grow between 1% and 3%, consistent with prior guidance. For the full year 2017, the company continues to expect capacity to increase between 6.5% and 8.5%.