United Kingdom
United States
Asia Pacific
Fast-paced JetBlue putting on the brakes?
Saturday, 19 Apr, 2006
0
JetBlue Airways may be reeling in its growth, according to a report by a JP Morgan analyst.
Analyst Jamie Baker speculated the airline would “modestly” retard its growth through the retirement of its oldest aircraft and possibly deferring new deliveries.
A JetBlue spokesperson told ATWOnline that the carrier is in a quiet period before releasing quarterly results on 25 April. The spokesperson had no comment.
JetBlue capacity rose 29% in the first quarter while traffic grew 24%. The airline is losing money and does not expect to be profitable this year.
“JetBlue requires an estimated $2 billion in incremental capital over the next two years,” Mr Baker said. That amount is needed to pay for new aircraft.
Report by David Wilkening
David
Exploring Brooklands Museum with Alex Patterson
Global Tourism Challenges and Upcoming Events: A Conversation with Don Welsh
Peebles Barbeque: A Legacy of Flavor and Tradition
Exploring Bok Tower Gardens with Erica Smith
Rue’s Living Water Boat Cruises: Exploring Winter Haven’s Chain of Lakes
Durango and Silverton Railroad: A Timeless Journey Through History and Scenic Beauty
Walt Leger on New Orleans’ Resilience and Major Events Ahead
Cindy Mackin Shares Estes Park’s Winter Thrills
Mark Jaronski of Explore Georgia on FIFA World Cup 2026
Connecting Small Businesses to Global Tourism Markets: Nate Huff of Tourism Exchange
North Carolina’s Resilience: Wit Tuttell on Recovery and Tourism
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
EU entry-exit system delayed again
Carnival Cruise Line hosts Prague getaway for Fun Ambassadors
Council moves to designate Forest of Dean a Biosphere
US tourism hit with UK, Germany travel warnings
Uganda Airlines launching London flights