Tag Archives: Embraer ERJ 190100 IGW

JetBlue begins operations at Worcester

JetBlue Airways (New York) yesterday (November 7) began flying from the Worcester Regional Airport to Fort Lauderdale/Hollywood and Orlando, as the airline continues to grow its foothold in New England. JetBlue now offers 256 daily flights in and out of New England and is the exclusive commercial airline to operate at the Central Massachusetts facility.

JetBlue’s schedule between Worcester (ORH) and Fort Lauderdale/Hollywood (FLL) effective November 7, 2013:

ORH to FLL: FLL to ORH:
Depart – Arrive Depart – Arrive
4:25 p.m. – 7:39 p.m. 7:32 p.m. – 10:30 p.m.

JetBlue’s schedule between Worcester (ORH) and Orlando (MCO) effective November 7, 2013*:

ORH to MCO: MCO to ORH:
Depart – Arrive Depart – Arrive
7:30 a.m. – 10:33 a.m. 1:00 p.m. – 3:38 p.m.

*= First flight from Orlando to Worcester is scheduled for November 7, 2013. First flight from Worcester to Orlando is scheduled for November 8.

Copyright Photo: Brian McDonough/AirlinersGallery.com. Embraer ERJ 190-100 IGW N353JB (msn 19000576) (Barcode) banks on its final approach into Reagan National Airport in Washington.

JetBlue Airways: AG Slide Show

JetBlue adjusts its fleet plans to larger planes, reports a 3Q net profit of $71 million

JetBlue Airways Corporation (JetBlue Airways) (New York) today announced plans to optimize its fleet, including:

  • Deferral of 24 Embraer ERJ 190 aircraft from 2014-2018 to 2020-2022, reducing capital expenditures over the near term.
  • Conversion of 18 Airbus A320 positions to A321s, better matching capacity with growing network demand in key markets while reducing unit costs.
  • An incremental order for 15 A321ceo and 20 A321neo aircraft, providing increased fleet flexibility and offering up to 15 percent in fuel burn savings.
  • Sharklet retrofit of up to 110 Airbus A320s in current fleet beginning in 2015.

“We believe these fleet changes will provide increased ability to match capacity and demand throughout our network and reduce costs, leading to improved shareholder returns over the long term,” said JetBlue President and CEO Dave Barger.

As a result of the fleet adjustments noted above, JetBlue will optimize its Embraer ERJ 190 fleet to approximately 60 aircraft in the near term.

“While the E190 is critical to our continued success in Boston and San Juan, we are now at the point where our network growth calls for larger gauge aircraft,” Mr. Barger said.  “In addition to allowing us to more cost-effectively serve certain high density markets, we believe our fleet restructuring plan will allow us to accelerate attractive growth opportunities at Fort Lauderdale/Hollywood International Airport.”

JetBlue has converted 18 A320s to A321s.  The A321 is expected to have unit costs 10 to 15 percent lower than those of the A320 aircraft it will replace, driven in part by a 10 to 15 percent improvement in fuel consumption per seat. “With significant savings from increased fuel efficiency and better utilization of our airport slot portfolio in key markets, we believe these A321 aircraft will improve our company’s profitability,” Mr. Barger said.

The fleet changes announced today will enable JetBlue to add 15 incremental A321ceo aircraft to its fleet by 2017, while deferring 24 E190 aircraft.  “With today’s announcement, we are reducing our capital commitments through the next three years, which is consistent with our free cash flow and return on invested capital goals,” said JetBlue Chief Financial Officer Mark Powers.

In addition, JetBlue has placed an order for 20 A321neo aircraft for delivery beginning in 2018.  Fuel savings associated with the new engine option A320 family is forecast to be approximately 12 to 15 percent compared to the current engine option A320 family.

JetBlue expects to retrofit up to 110 Airbus A320s in its existing fleet with sharklets beginning in 2015.  Sharklets are expected to reduce fuel consumption by up to three percent.

Estimated Aircraft Delivery Schedule (2013-2022):

4Q13 14 15 16 17 18 19 20 21 22
A320ceo (former order) 3 8
A320ceo (current order) 3
A320ceo change (8)
A320neo (former order) 10 10 10 10
A320neo (current order) 5 9 16
A320neo change (5) (10) (1) 6
A321ceo (former order) 4 9 10 7
A321ceo (cur order)* 4 9 12 12 15 1
A321ceo change 2 5 15 1
A321neo (former order)
A321neo (cur order)** 9 15 6
A321neo change 9 15 6
E190 (former order) 1 1 7 8 5 3
E190 (current order) 1 10 7 7
E190 change (1) (7) (8) (5) (3) 10 7 7
Total fleet change (1) (5) (3) 2 2 5 15 13 7

*   JetBlue converted 8 A320ceo positions to A321ceo positions including 7 in 2017 and 1 in 2018
**  JetBlue converted 10 A320neo positions to A321neo positions including 5 in 2018 and 5 in 2019

On the financial side, the company issued this report:

JetBlue Airways Corporation today reported its results for the third quarter 2013:

  • Operating income for the quarter was $152 million, resulting in a 10.5% operating margin.  This compares to operating income of $113 million and an 8.6% operating margin in the third quarter of 2012.
  • Pre-tax income for the quarter was $119 million.  This compares to pre-tax income of $73 million in the third quarter of 2012.
  • Net income for the third quarter was $71 million, or $0.21 per diluted share.  This compares to JetBlue’s third quarter 2012 net income of $45 million, or $0.14 per diluted share.

“We are pleased to report our highest ever quarterly earnings and our fourteenth consecutive quarter of profitability,” said Dave Barger, JetBlue’s CEO.  “These results reflect the success of our network strategy in high value geography and our focus on offering customers a differentiated product while maintaining competitive costs.  I would like to thank our 15,000 crewmembers for their hard work and continued dedication to serving our 30 million customers.”

Operational Performance

JetBlue reported record third quarter operating revenues of $1.4 billion.  Revenue passenger miles for the third quarter increased 5.4% to 9.56 billion on a capacity increase of 5.1%, resulting in a third quarter load factor of 85.0%, an increase of 0.2 points year over year.

Yield per passenger mile in the third quarter was 13.83 cents, up 5.1% compared to the third quarter of 2012.  Passenger revenue per available seat mile (PRASM) for the third quarter 2013 increased 5.4% year over year to 11.75 cents and operating revenue per available seat mile (RASM) increased 5.0% year over year to 12.82 cents.

“Our record revenue results demonstrate the strength of our network in our hometown of New York and throughout the rest of our core network,” said Robin Hayes, JetBlue’s Chief Commercial Officer. “We are also very pleased with the success of our focused growth strategy in Boston, Fort Lauderdale and the Caribbean & Latin America. The combination of our strong brand and unique JetBlue Experience once again allowed JetBlue to generate a revenue premium versus our competitors in many of our key markets.”

Operating expenses for the quarter increased 8.1%, or $95 million, over the prior year period.  JetBlue’s operating expense per available seat mile (CASM) for the third quarter increased 2.8% year over year to 11.47 cents.  Excluding fuel and profit sharing, CASM increased 4.9% to 6.95 cents.

Fuel Expense and Hedging

JetBlue continued to hedge fuel to manage price volatility.  During the third quarter JetBlue hedged approximately 29% of its fuel consumption and managed approximately 14% of its fuel consumption using fixed forward price agreements (FFPs), resulting in a realized fuel price of $3.14 per gallon, a 1.1% decrease over third quarter 2012 realized fuel price of $3.17.  JetBlue recorded $3 million in losses on fuel hedges that settled during the third quarter.

JetBlue has managed approximately 39% of its fourth quarter projected fuel requirements using a combination of FFPs, collars, swaps and call options.  Based on the fuel curve as of October 24th, JetBlue expects an average price per gallon of fuel, including the impact of hedges, FFPs and fuel taxes, of $3.03 in the fourth quarter.

Balance Sheet Update

JetBlue ended the third quarter with approximately $954 million in unrestricted cash and short term investments.  In addition, JetBlue maintains a $200 million line of credit and a revolving credit facility for up to $350 million.

“We remain focused on strengthening the balance sheet,” said Mark Powers, JetBlue’s Chief Financial Officer.  “We believe strong cash from operations will allow us to continue to grow sustainably as we increase our asset base and continue paying down debt, enhancing long term shareholder value.”

Fourth Quarter and Full Year Outlook

For the fourth quarter of 2013, CASM is expected to be between negative 1.0% and positive 1.0% compared to the year-ago period.  Excluding fuel and profit sharing, CASM in the fourth quarter is expected to be between negative 0.5% and positive 1.5% year over year.

CASM for the full year is expected to increase between 1.0% and 3.0% over full year 2012.  Excluding fuel and profit sharing, CASM in 2013 is expected to increase between 2.5% and 4.5% year over year.

Capacity is expected to increase between 7.0% and 9.0% in the fourth quarter and to increase between 5.5% and 7.5% for the full year.

Copyright Photo: Stephen Tornblom/AirlinersGallery.com. JetBlue is now capping its Embraer ERJ 190 at around 60 aircraft. ERJ 190-100 IGW N203JB (man 19000023) in the Bubbles tail motif climbs away from the runway at the New York (JFK) hub.

JetBlue Airways: AG Slide Show

JetBlue to add Detroit and Detroit-Boston service

JetBlue Airways (New York) has announced that Detroit will become its 85th destination in the Americas, with new nonstop flights to Boston Logan Airport beginning on March 10, 2014. Detroit becomes JetBlue’s 51st nonstop destination from Boston and the newest business market served.

JetBlue will serve the Boston-Detroit route three times daily, operated with its 100-seat Embraer 190 aircraft.

JetBlue’s schedule between Boston (BOS) and Detroit (DTW):

BOS to DTW: DTW to BOS:
Depart – Arrive Depart – Arrive
7:30 a.m. – 9:49 a.m.

4:00 p.m. – 6:17 p.m.

7:35 p.m. – 9:52 p.m.

6:30 a.m. – 8:16 a.m.

10:30 a.m. – 12:16 p.m.

6:55 p.m. – 8:43 p.m.

– First flight operates daily beginning March 10, 2014 –

 

Copyright Photo: Brian McDonough/AirlinersGallery.com. Embraer ERJ 190-100 IGW N306JB (msn 19000272) in the Harlequin tail design banks on the final “River Approach” at Washington’s Reagan National Airport.

JetBlue Airways: AG Slide Show

JetBlue Airways starts Boston-Houston Hobby flights today

JetBlue Airways (New York) today launches two daily nonstop flights between Boston Logan International (BOS) and Houston’s William P. Hobby Airport (HOU). HOU becomes the 49th destination from BOS.

JetBlue’s schedule between Boston and Houston:

Boston (BOS) to Houston (HOU): Houston (HOU) to Boston (BOS):
Depart – Arrive Depart – Arrive
7:00 a.m. – 9:57 a.m. 10:35 a.m. – 3:15 p.m.
1:40 p.m. – 4:39 p.m. 5:20 p.m. – 10:00 p.m.
– Flights operate daily effective July 25, 2013 –

– All times local –

JetBlue operates more than 100 daily flights from Boston’s Logan International Airport to destinations across the United States, Caribbean and Mexico, serving approximately seven million customers at BOS annually.  Flights to Houston will be operated on the airline’s 100-seat Embraer 190 aircraft.

Copyright Photo: Brian McDonough/AirlinersGallery.com. Embraer ERJ 190-100 IGW N190JB (msn 19000011) in the Mosaic scheme arrives at Baltimore/Washington.

JetBlue Airways: AG Slide Show

JetBlue Airways arrives in Philadelphia today

JetBlue Airways (New York) today (May 23) launches service to its 78th city, Philadelphia, Pennsylvania. JetBlue will serve Philadelphia International Airport (PHL) with five daily nonstop flights from Boston’s Logan International Airport (BOS).

Philadelphia will be the 48th destination JetBlue serves from Boston.

JetBlue’s schedule between Boston and Philadelphia:

BOS to PHL: PHL to BOS:
Depart – Arrive Depart – Arrive
6:40 a.m. – 8:08 a.m. 8:45 a.m. – 10:15 a.m.
8:45 a.m. – 10:15 a.m. 10:55 a.m. – 12:25 p.m.
11:35 a.m. – 13:00 p.m. 1:40 p.m. – 3:07 p.m.
3:15 p.m. – 4:48 p.m. 5:25 p.m. – 7:04 p.m.
 6:10 p.m. – 7:48 p.m. 8:25 p.m. – 9:52 p.m.
– Flights operate daily effective May 23, 2013 –

JetBlue’s flights to Philadelphia will be operated with its 100-seat Embraer ERJ 190 fleet.

Copyright Photo: Michael B. Ing. JetBlue Airways Embraer ERJ 190-100 IGW N273JB (msn 19000073) in the Harlequin design lands at the focus city of Long Beach, California.

JetBlue Airways: AG Slide Show

JetBlue’s growing route map from BOS:

JetBlue BOS 5:2013 Route Map

JetBlue to serve Port-au-Prince, Haiti

JetBlue Airways (New York) today announced its intent to serve Port-au-Prince, Haiti with daily nonstop service from both New York City and Fort Lauderdale-Hollywood. From Toussaint Louverture International Airport (PAP) in the Haitian capital, JetBlue plans to offer one daily nonstop flight to New York’s John F. Kennedy International Airport (JFK) and twice daily flights to Fort Lauderdale-Hollywood International Airport (FLL), subject to receipt of government operating authority. Port-au-Prince will be JetBlue’s 82nd BlueCity with service to begin on December 5, 2013.

Destinations in Latin America and the Caribbean now make up almost one-third of JetBlue’s route network. In the Caribbean, JetBlue is the largest carrier in terms of capacity in both Puerto Rico and the Dominican Republic, offering more flights than any other carrier. JetBlue flies to more than ten countries, including Aruba. Barbados, and the Bahamas. This June, the airline is set to begin nonstop service between Fort Lauderdale and Medellin, Colombia, and in November to Lima, Peru, subject to receipt of government operating authority.

JetBlue’s flights from New York to Port-au-Prince will be operated with its comfortable Airbus A320 fleet with seating for 150, while flights from Fort Lauderdale will be operated on its spacious 100-seat Embraer 190 fleet.

Copyright Photo: Bruce Drum. Embraer ERJ 190-100 IGW N206JB (msn 19000025) arrives at runway 9L at Fort Lauderdale-Hollywood International Airport.

JetBlue Airways: AG Slide Show

Routes from Fort Lauderdale/Hollywood:

JetBlue FLL 5:2013 Route Map

JetBlue Airways plans to double its operations at Fort Lauderdale/Hollywood in the next five years

JetBlue Airways (New York) plans to grow its operations at Fort Lauderdale-Hollywood International Airport (FLL) to 100 daily departures over the next five years, making it the third busiest focus city for the airline. The carrier grew over 11 percent at FLL last year. Most of the expansion at FLL will be to foreign destinations according to this interview with CEO Dave Barger in the Sun-Sentinel.

Read the full report: CLICK HERE

Copyright Photo: Brian McDonough. Embraer ERJ 190-100 IGW N329JB (msn 19000433) in the Barcode tail design taxies to runway 9L on the north side of Fort Lauderdale-Hollywood International Airport. The south parellel runway is being extended for expansion.

JetBlue Airways: AG Slide Show

JetBlue is coming to Worcester, Massachusetts

JetBlue Airways (New York) has announced its 80th BlueCity: Worcester, Massachusetts.

JetBlue will kick off its service to Worcester Regional Airport (ORH) on November 7 with daily flights to Fort Lauderdale/Hollywood (FLL) and Orlando (MCO). Worcester is the eighth BlueCity in New England. The new Worcester routes will be operated with Embraer 190s, operating on this schedule:

Flight Schedule

ORH-FLL
4:05 p.m. – 7:31 p.m.
FLL-ORH
7:15 p.m. – 10:17 p.m.
ORH-MCO
7:20 a.m. – 10:37 a.m.
MCO-ORH
11:20 a.m. -2:07 p.m.

Copyright Photo: Brian McDonough. Embraer ERJ 190-100 IGW N267JB (19000065) with the Stripes tail motif arrives at Baltimore/Washington.

JetBlue Airways: AG Slide Show

JetBlue and Asiana move closer with a new interline agreement

JetBlue Airways (New York) and Asiana Airlines (Seoul) have announced the launch of an interline agreement to connect each other’s networks and bring new flight options to travelers between Asia and the Americas.

Through the arrangement, effective immediately, travelers can book single-ticket travel combining flights on both carriers and enjoy one-stop baggage check-in when they transfer between the airlines at New York’s John F. Kennedy International Airport (JFK) and Los Angeles International Airport (LAX).

JetBlue is the largest domestic airline at JFK, where Asiana offers daily nonstop service to its global hub at Incheon International Airport. Travelers can connect onward to cities across Asia and Oceania via Seoul.

U.S.-bound travelers will enjoy easy transfers at JFK from Asiana to JetBlue destinations including Boston, Massachusetts; Burlington, Vermont; Syracuse and Buffalo/Niagara Falls, New York; Portland, Maine, Raleigh/Durham, North Carolina; San Juan, Puerto Rico; and six cities in Florida including Fort Lauderdale, Orlando, and Jacksonville.

Top Copyright Photo: Keith Burton. Embraer ERJ 190-100 IGW N348JB (msn 19000511) with the Barcode tail fin gracefully climbs away from Toronto (Pearson).

JetBlue Airways: AG Slide Show

Asiana Airlines: AG Slide Show

Bottom Copyright Photo: Yuji Wang. Boeing 767-38E HL7514 (msn 25763) of Asiana Airlines arrives from the Seoul hub at Shanghai (Pudong).

JetBlue Airways is coming to Charleston, South Carolina

JetBlue Airways (New York) will serve Charleston International Airport (CHS) with twice daily nonstop service from New York’s John F. Kennedy International Airport (JFK) and a daily flight from Boston’s Logan (BOS) starting on Thursday, February 28, 2013. CHS will become the airline’s 76th destination.

JetBlue’s schedule between New York and Charleston:

JFK to CHS: CHS to JFK:
Depart – Arrive Depart – Arrive
8:10 a.m. – 10:23 a.m. 11:00 a.m. – 12:41 p.m.
2:59 p.m. – 5:18 p.m. 5:55 p.m. – 7:43 p.m.
– Flights operate daily beginning Feb. 28 , 2013 –

JetBlue’s schedule between Boston and Charleston:

BOS to CHS: CHS to BOS:
Depart – Arrive Depart – Arrive
9:35 a.m. – 12:06 p.m. 12:45 p.m. – 2:50 p.m.
– Flights operate daily beginning Feb. 28 , 2013 –
– All times local –

JetBlue’s flights from Charleston will be operated with its 100-seat Embraer ERJ 190 fleet.

Copyright Photo: Bruce Drum. Embraer ERJ 190-100 IGW N193JB (msn 19000017) in the Harlequin tail design climbs away from the runway at Fort Lauderdale-Hollywood International Airport (FLL).

JetBlue Airways: