tphuang wrote:

jetbluefan1 wrote:

With the Cuba and MEX drawdown, in addition to much of the network optimization that has already occurred, it appears that B6 will enter 2020 in pretty lean shape.

holding out hopes they will cut some of the HAV stuff.

It’s also promising that B6 is seeing some relief DL on BOS-Florida (in addition to the recent trims from WN and NK). Interestingly B6 has never placed an A321 on BOS-FLL while they are used heavily on BOS/JFK--FLL/MCO/PBI/RSW. I wonder why?

If JFKSJO does well then maybe B6 could give it a shot from BOS.

The use of non-Mint aircraft to increase frequency on JFK/BOS-SAN and BOS/FLL-SFO is an interesting strategy. It allows them to further build relevance in those markets while not flooding the market with more premium capacity. Although, I think these markets (particularly SFO) could absorb additional Mint seats without pressuring yields too much.

I see in May, they have 2x A321 and 3x A320 on BOS-FLL. I see A321s now on all BOS-FLL/TPA/MCO/PBI/RSW, which is a huge change over even a year ago when it was pretty much just on MCO. Speaking of MCO, I see now 3x A321, 6x A320, 1x E90 in April. That's a lot of flights + capacity. I can't believe both NK and F9 are on that route. The only ones without A321 are JAX/SRQ. I don't expect those to get A321s before JFK-JAX/SRQ.

Also a note from our BOS thread discussion, I'm reading enough E90 chatters that I think there is a pretty good chance the 30 owned E90 will stick around past 2025. Well, at least a good number of them, let's say 20. And those have the right capacity for BOS shuttle routes and should be able to do quicker turns than A220. A220 options should be for good amount of growth + A320 replacement. And if they keep E90, not much point in picking up A220-100.

Midwestindy wrote:

jetbluefan1 wrote:

With the Cuba and MEX drawdown, in addition to much of the network optimization that has already occurred, it appears that B6 will enter 2020 in pretty lean shape.

Would love to see B6 use this additional capacity to add IND-BOS, but I'm not holding my breath

An April to early May start would probably need to be announced by 2nd week of December at the latest. With these Cuba/MEX cuts, it's as good time as any.

DELTA777 wrote:

This would be interesting:

Exclusive: Brazil to lure airlines to fly domestic, taking meetings with three carriers

https://www.reuters.com/article/us-braz ... SKBN1X60O6

B6 operating domestic flights within Brazil? hmmmmm, I don't know about that idea

Maybe this will lead to them operating FLL to Brazil down the road.

Blueknows wrote:

They are going to sell or part them all out as soon as possible 1 for 1 for the a220

HIA350 wrote:

Quick Question, is Jetblue for sale, i keep reading about how south west should buy b6?

tphuang wrote:

Also a note from our BOS thread discussion, I'm reading enough E90 chatters that I think there is a pretty good chance the 30 owned E90 will stick around past 2025. Well, at least a good number of them, let's say 20. And those have the right capacity for BOS shuttle routes and should be able to do quicker turns than A220. A220 options should be for good amount of growth + A320 replacement. And if they keep E90, not much point in picking up A220-100.

Blueknows wrote:

Yah that 30 owned gone in 2020 is incorrect. B6 was supposed to get 1 A220 in September, and 4 next year. Due to delays B6 received 0 a220, and will right now get 1 A220 next year. The e190s will be around till 2025. B6 is also about 7 neos short from the 14 they were supposed to get this year. Yesterday after 3Q Steve priest went to airbus to find out about delays. B6 is buying back 800 million shares. They are hoping it will raise stock to the 20.00 they promised investors.

jfklganyc wrote:

Lots of aircraft time coming up next month

MEX ends

Cuba secondary ends

Good time to make a run at EWR gates from WN

heavymetal wrote:

Blueknows wrote:

Yah that 30 owned gone in 2020 is incorrect. B6 was supposed to get 1 A220 in September, and 4 next year. Due to delays B6 received 0 a220, and will right now get 1 A220 next year. The e190s will be around till 2025. B6 is also about 7 neos short from the 14 they were supposed to get this year. Yesterday after 3Q Steve priest went to airbus to find out about delays. B6 is buying back 800 million shares. They are hoping it will raise stock to the 20.00 they promised investors.

Owned E90 retirement was supposed to be starting in 2020, not all 30 owned gone in 2020. What do you mean by "is incorrect"? Have they provided more recent or updated guidance on this? As of the fleet udpate, the 30 owned were going to be retired ahead of the 30 leased.

Where are you getting the 1 A220 in September (2019?), and 4 next year (2020?). For every investor presentation in 2019, they have clearly shown 1 A220 delivery in 2020, and 6 in 2021. That could still be delayed, but your use of "received" implies that they were supposed to have a delivery this year which was not received - which they've never shown.

As FYI - they have authorization to repurchase 800 million dollars worth of shares, not 800 million shares (which they don't even have). Big difference. At current share price of $19.71, that's about 41 to 42 million shares.

I was waiting for them to take over those slots but F9 jumped on it like a kangaroo

tphuang wrote:

heavymetal wrote:

tphuang wrote:

Also a note from our BOS thread discussion, I'm reading enough E90 chatters that I think there is a pretty good chance the 30 owned E90 will stick around past 2025. Well, at least a good number of them, let's say 20. And those have the right capacity for BOS shuttle routes and should be able to do quicker turns than A220. A220 options should be for good amount of growth + A320 replacement. And if they keep E90, not much point in picking up A220-100.

When will they make this announcement, presumably on the 4Q earnings call when they give FY2020 guidance? As per last November's investor day, the 30 owned E90s were going to be the first to leave the fleet, starting in 2020.

Seems crazy to keep 3 fleet types, but whatever floats their boat.

All of this is speculations, but there seem to be some chatters in this direction. At this point, they need to decide what to use to run those shuttle routes and they've not made any decison on A220-100. If you've seen how long it takes JetBlue to make any kind of changes to their fleet, it shouldn't surprise anyone if they drag E90's stay in their fleet. Jut check the delays on A320 reconfig, the delay in A220 introduction (only 1 next year vs I think 5 in original schedule), pushing back A321NEO by a year, the long time it took to make the A321LR decision and the long time it took to A220 decision.

It's a huge waste of A220-300 to put them on those BOS shuttle/low capacity routes (BOS-DCA/NYC/PHL/BUF/SYR/ROC, FLL-JAX).

Blueknows wrote:

heavymetal wrote:

Blueknows wrote:

Yah that 30 owned gone in 2020 is incorrect. B6 was supposed to get 1 A220 in September, and 4 next year. Due to delays B6 received 0 a220, and will right now get 1 A220 next year. The e190s will be around till 2025. B6 is also about 7 neos short from the 14 they were supposed to get this year. Yesterday after 3Q Steve priest went to airbus to find out about delays. B6 is buying back 800 million shares. They are hoping it will raise stock to the 20.00 they promised investors.

Owned E90 retirement was supposed to be starting in 2020, not all 30 owned gone in 2020. What do you mean by "is incorrect"? Have they provided more recent or updated guidance on this? As of the fleet udpate, the 30 owned were going to be retired ahead of the 30 leased.

Where are you getting the 1 A220 in September (2019?), and 4 next year (2020?). For every investor presentation in 2019, they have clearly shown 1 A220 delivery in 2020, and 6 in 2021. That could still be delayed, but your use of "received" implies that they were supposed to have a delivery this year which was not received - which they've never shown.

As FYI - they have authorization to repurchase 800 million dollars worth of shares, not 800 million shares (which they don't even have). Big difference. At current share price of $19.71, that's about 41 to 42 million shares.

The e190 time line is wrong B6 originally supposed to get 1 A220 September 2019, and 4 A220 in 2020. They are late and now e190 are pushed back to 2025 when last e190 will go. Doing a 1 for 1 swap with the A220. What they tell investors and employees are two different things. Thanks for the stock correction

Blueknows wrote:

heavymetal wrote:

Blueknows wrote:

Yah that 30 owned gone in 2020 is incorrect. B6 was supposed to get 1 A220 in September, and 4 next year. Due to delays B6 received 0 a220, and will right now get 1 A220 next year. The e190s will be around till 2025. B6 is also about 7 neos short from the 14 they were supposed to get this year. Yesterday after 3Q Steve priest went to airbus to find out about delays. B6 is buying back 800 million shares. They are hoping it will raise stock to the 20.00 they promised investors.

Owned E90 retirement was supposed to be starting in 2020, not all 30 owned gone in 2020. What do you mean by "is incorrect"? Have they provided more recent or updated guidance on this? As of the fleet udpate, the 30 owned were going to be retired ahead of the 30 leased.

Where are you getting the 1 A220 in September (2019?), and 4 next year (2020?). For every investor presentation in 2019, they have clearly shown 1 A220 delivery in 2020, and 6 in 2021. That could still be delayed, but your use of "received" implies that they were supposed to have a delivery this year which was not received - which they've never shown.

As FYI - they have authorization to repurchase 800 million dollars worth of shares, not 800 million shares (which they don't even have). Big difference. At current share price of $19.71, that's about 41 to 42 million shares.

The e190 time line is wrong B6 originally supposed to get 1 A220 September 2019, and 4 A220 in 2020. They are late and now e190 are pushed back to 2025 when last e190 will go. Doing a 1 for 1 swap with the A220. What they tell investors and employees are two different things. Thanks for the stock correction

trueblew wrote:

tphuang wrote:

heavymetal wrote:

When will they make this announcement, presumably on the 4Q earnings call when they give FY2020 guidance? As per last November's investor day, the 30 owned E90s were going to be the first to leave the fleet, starting in 2020.

Seems crazy to keep 3 fleet types, but whatever floats their boat.

All of this is speculations, but there seem to be some chatters in this direction. At this point, they need to decide what to use to run those shuttle routes and they've not made any decison on A220-100. If you've seen how long it takes JetBlue to make any kind of changes to their fleet, it shouldn't surprise anyone if they drag E90's stay in their fleet. Jut check the delays on A320 reconfig, the delay in A220 introduction (only 1 next year vs I think 5 in original schedule), pushing back A321NEO by a year, the long time it took to make the A321LR decision and the long time it took to A220 decision.

It's a huge waste of A220-300 to put them on those BOS shuttle/low capacity routes (BOS-DCA/NYC/PHL/BUF/SYR/ROC, FLL-JAX).

I have also heard this chatter. They certainly want to reduce the fleet--engine maintenance on the CF34-8 is one of the largest cost issues with this plane--but if they were to send back the lease expirations as they occur, the fleet CASM will necessarily drop as lease payments are removed, correct? There are many routes on which the 223/320 are not appropriate (e.g., JFK/LGA/BOS/HPN to ACK) where the 223 is too much plane in capacity and in some cases physical footprint for the terminals. Also, second-hand 190s are impossible to sell. Once they are parked they are worthless. I predict 20-30 190s remain until B6 runs out of markets to send them to and/or maintenance costs become unsustainable.

tphuang wrote:

heavymetal wrote:

tphuang wrote:

Also a note from our BOS thread discussion, I'm reading enough E90 chatters that I think there is a pretty good chance the 30 owned E90 will stick around past 2025. Well, at least a good number of them, let's say 20. And those have the right capacity for BOS shuttle routes and should be able to do quicker turns than A220. A220 options should be for good amount of growth + A320 replacement. And if they keep E90, not much point in picking up A220-100.

When will they make this announcement, presumably on the 4Q earnings call when they give FY2020 guidance? As per last November's investor day, the 30 owned E90s were going to be the first to leave the fleet, starting in 2020.

Seems crazy to keep 3 fleet types, but whatever floats their boat.

All of this is speculations, but there seem to be some chatters in this direction. At this point, they need to decide what to use to run those shuttle routes and they've not made any decison on A220-100. If you've seen how long it takes JetBlue to make any kind of changes to their fleet, it shouldn't surprise anyone if they drag E90's stay in their fleet. Jut check the delays on A320 reconfig, the delay in A220 introduction (only 1 next year vs I think 5 in original schedule), pushing back A321NEO by a year, the long time it took to make the A321LR decision and the long time it took to A220 decision.

It's a huge waste of A220-300 to put them on those BOS shuttle/low capacity routes (BOS-DCA/NYC/PHL/BUF/SYR/ROC, FLL-JAX).

unusualattitude wrote:

Blueknows wrote:

heavymetal wrote:

Owned E90 retirement was supposed to be starting in 2020, not all 30 owned gone in 2020. What do you mean by "is incorrect"? Have they provided more recent or updated guidance on this? As of the fleet udpate, the 30 owned were going to be retired ahead of the 30 leased.

Where are you getting the 1 A220 in September (2019?), and 4 next year (2020?). For every investor presentation in 2019, they have clearly shown 1 A220 delivery in 2020, and 6 in 2021. That could still be delayed, but your use of "received" implies that they were supposed to have a delivery this year which was not received - which they've never shown.

I was sitting in the conference room when we talked about it. B6 was supposed to receive 1 A220 September 2019, and it would be in service by mid November 2019. They then said with delays that this was probably not going to happen. They said it looked more like 2020 but didn’t have exact numbers of how many. What they tell investors is not what they tell employees in one on one sessions.

As FYI - they have authorization to repurchase 800 million dollars worth of shares, not 800 million shares (which they don't even have). Big difference. At current share price of $19.71, that's about 41 to 42 million shares.

The e190 time line is wrong B6 originally supposed to get 1 A220 September 2019, and 4 A220 in 2020. They are late and now e190 are pushed back to 2025 when last e190 will go. Doing a 1 for 1 swap with the A220. What they tell investors and employees are two different things. Thanks for the stock correction

They were never going to get any A220's in 2019. The first one was always 2020 and it's been pushed off until 2021 likely. Every investor day and earnings call presentation backs this up. Hell they aren't even that far along in the training program, they could never have taken one this year. You and facts are like oil and water. I wish you would stay out of these B6 threads.

Blueknows wrote:

I was sitting in the conference room when we talked about it. B6 was supposed to receive 1 A220 September 2019, and it would be in service by mid November 2019. They then said with delays that this was probably not going to happen. They said it looked more like 2020 but didn’t have exact numbers of how many. What they tell investors is not what they tell employees in one on one sessions

Blueknows wrote:

Jesus you won’t let this go. It’s was supposed to
Be here in September and ready to roll in November. This was original plan. Then airbus told them about delays and they knew they wouldn’t get the aircraft early. They had to push back arrival to 2020 to fit with 2020 goals as they did with the neos. They are called TLC meetings where corporate comes to stations talks about plans. That’s when we find out about new projects etc. ask any B6 employee and they will tell you.

Blueknows wrote:

Jesus you won’t let this go. It’s was supposed to
Be here in September and ready to roll in November. This was original plan. Then airbus told them about delays and they knew they wouldn’t get the aircraft early. They had to push back arrival to 2020 to fit with 2020 goals as they did with the neos. They are called TLC meetings where corporate comes to stations talks about plans. That’s when we find out about new projects etc. ask any B6 employee and they will tell you.

Blueballs wrote:

Blueknows wrote:

Jesus you won’t let this go. It’s was supposed to
Be here in September and ready to roll in November. This was original plan. Then airbus told them about delays and they knew they wouldn’t get the aircraft early. They had to push back arrival to 2020 to fit with 2020 goals as they did with the neos. They are called TLC meetings where corporate comes to stations talks about plans. That’s when we find out about new projects etc. ask any B6 employee and they will tell you.

I’m a Jetblue employee. Been here a lot longer than you have though. You’ve been wrong every time you post. This is why you have no credibility. Brush it off and move on. Those meetings where corporate comes around are bs just to keep low level employees filled with blue juice. Give it time and you’ll mature enough to understand the JetBlue the rest of us know

Blueballs wrote:

Blueknows wrote:

Jesus you won’t let this go. It’s was supposed to
Be here in September and ready to roll in November. This was original plan. Then airbus told them about delays and they knew they wouldn’t get the aircraft early. They had to push back arrival to 2020 to fit with 2020 goals as they did with the neos. They are called TLC meetings where corporate comes to stations talks about plans. That’s when we find out about new projects etc. ask any B6 employee and they will tell you.

I’m a Jetblue employee. Been here a lot longer than you have though. You’ve been wrong every time you post. This is why you have no credibility. Brush it off and move on. Those meetings where corporate comes around are bs just to keep low level employees filled with blue juice. Give it time and you’ll mature enough to understand the JetBlue the rest of us know

CaptCoolHand wrote:

Blueballs wrote:

Blueknows wrote:

Jesus you won’t let this go. It’s was supposed to
Be here in September and ready to roll in November. This was original plan. Then airbus told them about delays and they knew they wouldn’t get the aircraft early. They had to push back arrival to 2020 to fit with 2020 goals as they did with the neos. They are called TLC meetings where corporate comes to stations talks about plans. That’s when we find out about new projects etc. ask any B6 employee and they will tell you.

I’m a Jetblue employee. Been here a lot longer than you have though. You’ve been wrong every time you post. This is why you have no credibility. Brush it off and move on. Those meetings where corporate comes around are bs just to keep low level employees filled with blue juice. Give it time and you’ll mature enough to understand the JetBlue the rest of us know

This guy gets it.

Sooo yea. Don’t believe anything you hear in a TLC meeting. Ever. The sooner you figure that out the better your posts will be. Most of us know enough by now that unless it’s in a 10k or an investor report it’s not real, never happened, and you can’t prove it.

CaptCoolHand wrote:

Blueballs wrote:

Blueknows wrote:

Jesus you won’t let this go. It’s was supposed to
Be here in September and ready to roll in November. This was original plan. Then airbus told them about delays and they knew they wouldn’t get the aircraft early. They had to push back arrival to 2020 to fit with 2020 goals as they did with the neos. They are called TLC meetings where corporate comes to stations talks about plans. That’s when we find out about new projects etc. ask any B6 employee and they will tell you.

I’m a Jetblue employee. Been here a lot longer than you have though. You’ve been wrong every time you post. This is why you have no credibility. Brush it off and move on. Those meetings where corporate comes around are bs just to keep low level employees filled with blue juice. Give it time and you’ll mature enough to understand the JetBlue the rest of us know

This guy gets it.

Sooo yea. Don’t believe anything you hear in a TLC meeting. Ever. The sooner you figure that out the better your posts will be. Most of us know enough by now that unless it’s in a 10k or an investor report it’s not real, never happened, and you can’t prove it.

mia wrote:

Whats to stop Jetblue from re-allocating the flights to say, run a focus city out of New Orleans. MSY-JFK, BOS, FLL (existing) + LGA, HOU, ATL, DFW, MCO, SFO, DEN, AUS, ORD, CUN.

jplatts wrote:

Most of the other places you mentioned such as LGA, ATL, DFW, MCO, DEN, AUS, ORD, and CUN are already served nonstop out of MSY on WN, F9, or NK. In addition, many of those traveling to MSY from most of these markets prefer to do so on airlines other than B6.

tphuang wrote:

CaptCoolHand wrote:

https://www.moodys.com/sites/products/productattachments/ap075378_1_1408_ki.pdf

What’s to make of this? Defensive move?
Why buy back stock only to mortgage assets?

interest rate is really low right now. Not a bad idea to take out a loan given how strong their balance sheet is.

Every year more shares get issued and then floated due to people that received stock compensations selling them into open market, which dilute stock value. So stock buybacks are needed to reduce the outstanding shares and boost prices. Pretty normal practice. I don't know how many JetBlue employees have good chunk of their investment or 401K in JBLU stocks, but not doing stock buybacks would be terrible for their holdings.

trueblew wrote:

tphuang wrote:

CaptCoolHand wrote:

https://www.moodys.com/sites/products/productattachments/ap075378_1_1408_ki.pdf

What’s to make of this? Defensive move?
Why buy back stock only to mortgage assets?

interest rate is really low right now. Not a bad idea to take out a loan given how strong their balance sheet is.

Every year more shares get issued and then floated due to people that received stock compensations selling them into open market, which dilute stock value. So stock buybacks are needed to reduce the outstanding shares and boost prices. Pretty normal practice. I don't know how many JetBlue employees have good chunk of their investment or 401K in JBLU stocks, but not doing stock buybacks would be terrible for their holdings.

An insider told me they secured a rate of 2.79% on the new debt. Really low indeed.

jplatts wrote:

mia wrote:

Whats to stop Jetblue from re-allocating the flights to say, run a focus city out of New Orleans. MSY-JFK, BOS, FLL (existing) + LGA, HOU, ATL, DFW, MCO, SFO, DEN, AUS, ORD, CUN.

B6 already moved its Houston operations over to IAH on Sunday.

Most of the other places you mentioned such as LGA, ATL, DFW, MCO, DEN, AUS, ORD, and CUN are already served nonstop out of MSY on WN, F9, or NK. In addition, many of those traveling to MSY from most of these markets prefer to do so on airlines other than B6.

tphuang wrote:

Taking a look at some of the city threads, it looks like NK is adding quite a bit with it's latest schedule extension. For example, going to 2x daily on CLE-FLL and 3x daily on CLE-MCO as well as 2x daily on PIT-FLL and 2x daily on PIT-LAX.

It's a little maddening to me that B6 never got in on CLE-MCO or added a second flight on CLE-FLL and pulled out completely on PIT-FLL. At some point, B6 needs to start looking at these dehubbed legacy airports without strong WN presence as opportunities. Only ULCCs are really expanding in places like CLE/PIT/MEM/SDF. Sure, these are not wealthy growing catchment areas like AUS/BNA/SJC, but everyone is looking to add too much service to those places. At some point, building a large presence in a place with no legacy/WN presence is a profitable strategy for someone with B6's cost. Also at some point, they will get more gate space at LAX. They don't have the relevance or gate space there to compete on business schedule in those west coast markets. But with A220-300, they could conceivably run flights like LAX-PIT/CLE/BDL/RSW/MEM that would be too low yielding for AA/DL to try.

All pipe dream at this point. Just picking CLE as an example, I don't think it would cost them that much resources to see them running a schedule of 5x BOS, 2x FLL, 2x JFK, 1x MCO, 1x RSW, 2x DCA, 1x SJU, 1x LAX, 1x BDL, 3x weekly MBJ.

Anyhow, waiting to see where those MEX and cuba planes get redeployed. Hopefully EWR gets some love.

tphuang wrote:

You are right, most of the cities I listed do see 1 flight a day from legacy. My point is more that A220-300 (with it's much lower cost for B6) is a better fit for these markets than 737/a320 that legacy airline would be using.

As an aside. Just taking a look at B6 departures at its top focus cities yesterday according to flightstats.
BOS - 180 (not far from 200 now)
JFK - 147 (seems like low, but this is Nov 1)
FLL - 108 (higher than expect).
MCO - 65 (pretty stagnant at this level for the past few years)

tphuang wrote:

You are right, most of the cities I listed do see 1 flight a day from legacy. My point is more that A220-300 (with it's much lower cost for B6) is a better fit for these markets than 737/a320 that legacy airline would be using.

As an aside. Just taking a look at B6 departures at its top focus cities yesterday according to flightstats.
BOS - 180 (not far from 200 now)
JFK - 147 (seems like low, but this is Nov 1)
FLL - 108 (higher than expect).
MCO - 65 (pretty stagnant at this level for the past few years)

tphuang wrote:

You are right, most of the cities I listed do see 1 flight a day from legacy. My point is more that A220-300 (with it's much lower cost for B6) is a better fit for these markets than 737/a320 that legacy airline would be using.

As an aside. Just taking a look at B6 departures at its top focus cities yesterday according to flightstats.
BOS - 180 (not far from 200 now)
JFK - 147 (seems like low, but this is Nov 1)
FLL - 108 (higher than expect).
MCO - 65 (pretty stagnant at this level for the past few years)

727LOVER wrote:

tphuang wrote:

You are right, most of the cities I listed do see 1 flight a day from legacy. My point is more that A220-300 (with it's much lower cost for B6) is a better fit for these markets than 737/a320 that legacy airline would be using.

As an aside. Just taking a look at B6 departures at its top focus cities yesterday according to flightstats.
BOS - 180 (not far from 200 now)
JFK - 147 (seems like low, but this is Nov 1)
FLL - 108 (higher than expect).
MCO - 65 (pretty stagnant at this level for the past few years)

LOL...how far has LGB fallen that it's not even in this list?

What is LGB's?