Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
In Search Of Profits, JetBlue Hit With Delays  
User currently offlineAirTran737 From United States of America, joined Apr 2004, 3704 posts, RR: 12
Posted (8 years 5 months 2 weeks 6 days 5 hours ago) and read 2459 times:
Support Airliners.net - become a First Class Member!



An excerpt from the article

Analysts agree that JetBlue's problems stem from an aggressive expansion plan that has run into headwinds, such as high fuel prices, fierce competition and some bad decisions when choosing new markets. Several have placed a "sell" or equivalent rating on the company's stock.

"Since we're not making money, I think there is skepticism that is out there and it is legitimate skepticism," said John Owen, JetBlue's chief financial officer.

While 2006 is expected to be an unprofitable year for six-year-old JetBlue, the discount carrier aims to minimize the red ink by flying more short-haul routes (to save on fuel), serving airports with fewer rivals and raising fares.

CEO David Neeleman said another option on the table is to scale back JetBlue's rapid growth plan, which includes orders for more than 180 new planes worth approximately $7.5 billion.

JetBlue, which recorded its first-ever quarterly loss of $42 million in the October-December period, is expected to report a loss of almost $33 million for the first quarter, according a survey of analysts by


Nice Trip Report!!! Great Pics, thanks for posting!!!! B747Forever
4 replies: All unread, jump to last
 
User currently offlineAirTran737 From United States of America, joined Apr 2004, 3704 posts, RR: 12
Reply 1, posted (8 years 5 months 2 weeks 6 days 2 hours ago) and read 2309 times:
Support Airliners.net - become a First Class Member!

I should have posted the link.

http://msnbc.msn.com/id/12172302/

sorry

filler



Nice Trip Report!!! Great Pics, thanks for posting!!!! B747Forever
User currently offlineEvan767 From United States of America, joined Aug 2005, 2957 posts, RR: 2
Reply 2, posted (8 years 5 months 2 weeks 6 days 1 hour ago) and read 2265 times:

Quoting AirTran737 (Thread starter):
CEO David Neeleman said another option on the table is to scale back JetBlue's rapid growth plan, which includes orders for more than 180 new planes worth approximately $7.5 billion.

What the hell does that mean?



The proper term is "on final" not "on finals" bud...
User currently offlineChiGB1973 From United States of America, joined Mar 2004, 1615 posts, RR: 1
Reply 3, posted (8 years 5 months 2 weeks 6 days 1 hour ago) and read 2249 times:

Too much too fast. B6 will feel/hurt from this for years. Straying from the original plan. tsk, tsk

Blame it on fuel, blame it on delays, but it really rests on what I just said.

M


User currently offlineSupa7E7 From , joined Dec 1969, posts, RR:
Reply 4, posted (8 years 5 months 2 weeks 6 days ago) and read 2191 times:

Quoting ChiGB1973 (Reply 3):
Straying from the original plan

Their original business plan is outdated now. Now either they show they can swim with the sharks, or not. We'll see. The E190 was a great move.


Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
JetBlue Manages Smallest Of Profits In Q3 posted Thu Oct 20 2005 13:58:31 by Planemannyc
JetBlue Seen Slowing Growth In Face Of Challenges posted Tue Apr 18 2006 13:42:06 by Leelaw
On Fox5 News: Smoke In Cabin Of Jetblue Aircraft posted Tue Nov 19 2002 04:06:09 by Chuj
KLM Is In Favour Of Merger With BA posted Tue Jun 19 2001 19:49:21 by 456
FI: Is Airbus In Danger Of Being A One Trick Pony? posted Tue Nov 28 2006 15:45:28 by Leelaw
Any Chance Of A GLA - AUH Service With Etihad? posted Tue Nov 7 2006 15:22:07 by 8herveg
List Of All Int Airports With Commercial Service posted Tue Oct 10 2006 00:32:30 by Jfkaua
The Possibility of AC Replacing Airbus With Embraer? posted Fri Oct 6 2006 15:10:16 by GoBlue
Dropping/Deferring A350 In Favor Of Revamped A330? posted Fri Oct 6 2006 14:26:21 by Leelaw
Other Planes With Delays Like The A380? posted Wed Oct 4 2006 17:04:30 by Falstaff