Found this article in NewsDay.
I dont care I will pay a little more, I'll stay True to Blue.
JetBlue plans to trim its wings, Forest Hills-based carrier hopes delaying aircraft deliveries, cutting routes, raising fares will lift profits.
"It was not a good quarter," David Neeleman, JetBlue's founder and chairman, said during an analysts' call, but he added the airline has a "return to profitability" program that calls for delaying deliveries of 12 Airbus A320 aircraft, selling two to five A320s, cutting some cross-country flights, trying to sell more higher-priced tickets on each flight, and increasing average fares, which are now $105.
Ray Neidl, who follows the airline industry for Calyon Securities in Manhattan, said investors feel more comfortable now that JetBlue has announced a profitability plan.
JetBlue had been on an ambitious growth path in taking delivery of new airplanes, particularly E190s built by Embraer of Brazil for shorter-haul flights, and in planning new routes. There is to be no change in the delivery of new E190s. The airline operates 89 A320s and 11 E190s.