Tag Archives: N746JB

All JetBlue crewmembers to receive a $1,000 bonus

JetBlue's 2017 version of the New York Jets logo jet

Following the lead of American and Southwest, JetBlue has joined the ranks of those U.S. airlines offering a $1000 bonus to its employees. Here is the announcement:

On January 4, 2018 the JetBlue Senior Leadership Team shared the following note regarding the airline’s plan to distribute $1,000 to all of its 21,000 crewmembers, excluding CEO and executive vice presidents, following recent tax reform legislation:

Dear Crewmembers,

You’ve likely seen the news about U.S. tax reform. We believe these tax changes will be positive for our company, and provide us the opportunity to do good things for our Crewmembers, Customers and shareholders.

When tax reform looked like a real possibility late last year, we formed a team to think through what it could mean for each of these important groups. Many ideas are on the table but we believe our Crewmembers should be the first to benefit.With that in mind, we are excited to announce we will be paying every Crewmember employed as of December 31, 2017, a $1,000 bonus by the end of February!

Crewmembers like you are the heart of JetBlue and the reason we have become one of the most awarded airlines (and brands) in the world. We’re delighted we’re able to offer this extra thank you for your incredible efforts. In the months ahead, we look forward to working with our Values Committees and directly with you on other ideas for how we can use tax reform benefits to make JetBlue even stronger.

As a smaller airline competing against four very large competitors it is vital we continue to run a sustainable and profitable company. With over 50% of Crewmembers also being shareholders, we understand the importance of retaining investors’ confidence in our company better than anyone else.

Ultimately, we will continue to succeed because we have the best Crewmembers in the business. All 21,217 of us are continuing to do something that is truly unique in our industry by genuinely caring for each other, our Customers and our shareholders.

Finally, the new year has barely begun and we are already in our first winter irregular operation. We know today’s weather presents demanding operating conditions. As we manage through the storm, let’s remind ourselves of our #1 value – Safety. Every Crewmember is empowered to call a safety time-out if needed. This is ultimately the most important responsibility any of us have.

We’re looking forward to a great 2018 here at JetBlue. Thanks for being part of it.

Best wishes,

Robin Hayes
President & CEO

Mike Elliott
EVP People

Joanna Geraghty
EVP Customer Experience

James Hnat
EVP General Counsel

Jeffrey Martin
EVP Operations

Steve Priest
EVP Chief Financial Officer

Marty St George
EVP Commercial

Eash Sundaram
EVP Chief Digital and Technology Officer

Top Copyright Photo: JetBlue Airways Airbus A320-232 N746JB (msn 3622) (New York Jets) LGB (Michael B. Ing). Image: 940445.

JetBlue aircraft slide show:

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JetBlue introduces its updated New York Jets logo jet

JetBlue Airways has revealed a refreshed and updated special livery dedicated to the New York Jets. In 2009, JetBlue was named the Official Airline of the New York Jets. A year later, the airline reaffirmed that commitment with an aircraft dedicated to the team. “JetGreen” was originally revealed in 2010 and became the first sports themed aircraft to join JetBlue’s growing fleet.

The updated Airbus A320 livery on N746JB was revealed at a tailgate-themed event at JetBlue’s Hangar at New York’s JFK International Airport. To celebrate the kick-off of the Jets’ football season and this new plane, team executives were joined by Jets Cornerback Buster Skrine and Running Back Bilal Powell and former Jets player Joe Klecko. Jets Flight Crew Cheerleaders were also on-hand to meet Jets season ticket holders, JetBlue crewmembers and customers and players and coaches from a local youth football team.

 

The original “JetGreen” paint scheme interchanged JetBlue’s traditional blue for green and featured a green belly, wing tips and tail, with a football helmet towards the rear of the aircraft. Designed to represent the passion and dedication of true New York football fans and with the rallying call to Play Like a Jet, the new scheme features a full green aircraft and more prominent Jets branding. It also includes the airline’s co-branded trademark with New York State’s iconic tourism campaign and logo, I LOVE NEW YORK, solidifying JetBlue’s status as the official hometown airline of New York.

Photo: JetBlue Airways.

 

JetBlue to launch new service to Orlando and Fort Lauderdale/Hollywood from Baltimore/Washington and Philadelphia, will also expand to Mexico City

JetBlue logo-2

JetBlue Airways (New York) has announced plans for two new routes that will grow its presence in the Baltimore-Washington and Philadelphia metropolitan areas and continue its expansion in its focus cities in Orlando and Fort Lauderdale-Hollywood.

Beginning November 12, JetBlue will operate new once daily service between Baltimore-Washington International Thurgood Marshall Airport (BWI) and Orlando International Airport (MCO) — the same day JetBlue launches previously announced service between Baltimore/Washington and Fort Lauderdale-Hollywood. Within the National Capital Region, JetBlue also operates flights out of Ronald Reagan Washington National Airport (DCA) and Washington Dulles International Airport (IAD).

Beginning November 19, JetBlue will operate twice daily service between Philadelphia (PHL) and Fort Lauderdale-Hollywood (FLL). Philadelphia is one of the largest markets JetBlue currently does not serve from Fort Lauderdale-Hollywood and will play a part in its growth towards 100 daily flights to meet increasing customer demand in South Florida.

JetBlue will serve both routes with its Airbus A320 aircraft.

JetBlue’s Daily Schedule between Baltimore-Washington and Orlando as of November 12, 2015:

BWI – MCO   MCO – BWI

11.20 a.m. – 1.56 p.m.   2.42 p.m. – 5.15 p.m.

JetBlue’s Daily Schedule between Philadelphia and Fort Lauderdale-Hollywood as of November 19, 2015:

PHL – FLL   FLL – PHL

7.30 a.m. – 10.09 a.m.   9.45 a.m. – 12.21 p.m.

1.05 p.m. – 3.50 p.m.   6.30 p.m. – 9.13 p.m.

JetBlue also announced plans to begin flying to Mexico City’s Benito Juarez International Airport, one of the largest markets in the Americas. Mexico City will be JetBlue’s second destination in Mexico and its 35th in the Latin America and Caribbean region, where JetBlue continues to expand its presence as a leading U.S. airline.

Daily service to Mexico City International Airport (MEX) will launch on October 1 from JetBlue’s two focus cities in Florida, Fort Lauderdale-Hollywood International Airport (FLL) and Orlando International Airport (MCO).

Service from Fort Lauderdale/Hollywood and Orlando to Mexico City will operate in the evening, with flights back to the U.S. from Mexico City offered in the early morning.

JetBlue will serve both routes with its Airbus A320 aircraft.

JetBlue continues to grow its footprint in Latin America and the Caribbean. The airline recently announced plans to serve Quito, Antigua, and Grenada, and to offer its successful Mint experience from New York to Aruba and Barbados on Saturdays between November 7, 2015 and April 30, 2016, and daily between December 19, 2015 and January 4, 2016.

Copyright Photo below: Brian McDonough/AirlinersGallery.com. Airbus A320-232 N746JB (msn 3622) in the special New York Jets motif arrives at Fort Lauderdale-Hollywood International Airport (FLL).

JetBlue Airways aircraft slide show: AG Airline Slide Show

The growing route map from Fort Lauderdale-Hollywood International Airport:

JetBlue FLL 5.2015 Route Map

JetBlue Airways announces its “One Thing That’s Green” campaign (besides the Jets logo jet)

JetBlue Airways (New York) today (April 7) announced its seventh annual “One Thing That’s Green” (OTTG) campaign.

The airline issued this statement:

This year’s initiative will bring a little greenery to the scenery of several BlueCities. Customers and crewmembers throughout JetBlue’s network are encouraged to vote to spruce up their local communities with green spaces. JetBlue is continuing its long-standing partnership with New York Restoration Project (NYRP) and the MillionTreesNYC initiative for a tree-planting event in New York. The airline will also align with Charles River Watershed Association, Seventh Generation and Bobble to clean up Boston’s Charles River.

Throughout the month of April, customers and community members can visit Facebook.com/JetBlue to vote for JetBlue’s next green space. Customers can vote by selecting their favorite BlueCity from the route map on the One Thing That’s Green Facebook tab. Customers will be able to vote multiple times for the BlueCity they hope will receive the next green space after liking JetBlue’s Facebook page. JetBlue will announce the community it has selected on May 1 and the green space builds will take place in the fall.

JetBlue Community Volunteers (JetBlue)(LR)

Copyright Photo: JetBlue Airways.

“Our annual One Thing That’s Green campaign literally breathes new life into local communities. This year we are asking our customers where they would like to see more greenery and vibrant green spaces in their local neighborhoods,” said Icema Gibbs, JetBlue’s director corporate social responsibility. “Over the past seven years, we’ve played a small part in creating a healthier planet by planting more than 3,000 trees and cleaning 35,000 tons of trash in New York City. Our goal is to improve air quality and enhance the local communities where we live and serve. This year, we will add Boston to our efforts and provide a day of fun and festivities as our crewmembers and neighbors help clean the beloved Charles River.”

To celebrate Earth Day, the airline will plant trees and participate in community clean-ups in New York and Boston. On April 19, crewmembers and customers will work together to plant trees right in JetBlue’s backyard in Queens, New York. More than 250 volunteers will work side-by-side to plant 100 trees, clean up public spaces and beautify a garden in New York City Housing Authority’s (NYCHA) Woodside Houses in Woodside, Queens. This tree-planting event is an important step in the continued rebuilding of New York City’s tree canopy.

“Over the years, our annual plantings with JetBlue gave root to more than 3,500 trees throughout the city, and brought over 3,000 New Yorkers together for a great, common cause,” said Deborah Marton, NYRP’s executive director. “We’re looking forward to continuing this wonderful tradition and demonstrating how great partnerships can make our city stronger, healthier, and more beautiful.”

On April 26, 1,200 crewmembers, customers and community members will also volunteer to help clean up the Charles River in Boston. JetBlue will also host a celebration festival at the Hatch Shell on the River and will raffle tickets to attendees. Community members can register at http://www.charlesriver.org to participate from 9:00 a.m. to 12:00 p.m. Charles River Watershed Association was formed in 1965 in response to public concern about the declining condition of the Charles River. Initiatives over the last four decades have dramatically improved the quality of water in the watershed.

“We are thrilled the 15thAnnual Earth Day Charles River is part of JetBlue’s One Thing That’s Green campaign this year. This collective effort further exemplifies how citizens and businesses can come together and make a positive impact in our communities through environmental stewardship,” said Charles River Watershed Association Executive Director, Robert Zimmerman, Jr.

This year’s One Thing That’s Green campaign solidifies JetBlue’s rooted in humanity environmental responsibility stance. Environmental responsibility and its connection to sustainability are key pillars of JetBlue’s corporate responsibility platform. Since 2008, more than 3,000 JetBlue crewmembers and customers have planted more than 3,500 trees and cleaned nearly three tons of trash in areas including in East Harlem, Manhattan; Forest Hills, Queens; Jamaica, Queens; Highland Park, Brooklyn/Queens and Long Island City, Queens in an effort to rebuilding New York and its communities.

Created by JetBlue to encourage healthier communities through a healthy planet, the One Thing That’s Green annual campaign highlights the airline’s commitment to environmentalism and giving back in the communities it serves. The day-long tree planting events in New York and Boston will take place rain or shine and will include giveaways, complimentary breakfast and lunch, and family-fun activities.

Top Copyright Photo: Michael B. Ing/AirlinersGallery.com. The New York Jets-adorned Airbus A320-232 N746JB (msn 3622) arrives in Los Angeles.

JetBlue Airways: AG Slide Show

JetBlue reports net income of $1 million in the 4Q, $128 million for the full year

JetBlue Airways Corporation (JetBlue Airways) (New York) today reported its results for the fourth quarter and full year 2012:

  • Operating income of $44 million in the fourth quarter.  This compares to operating income of $83 million in the year-ago period.  For the full year 2012, JetBlue reported operating income of $376 million.  This compares to operating income of $322 million for the full year 2011.
  • Pre-tax income of $1 million in the fourth quarter.  This compares to pre-tax income of $40 million in the year-ago period.  For the full year 2012, JetBlue reported pre-tax income of $209 million.  This compares to a pre-tax income of $145 million for the full year 2011.
  • Net income for the fourth quarter was $1 million, or $0.00 per diluted share.  This compares to JetBlue’s fourth quarter 2011 net income of $23 million, or $0.08 per diluted share.  For the full year 2012, JetBlue reported net income of $128 million, or $0.40 per diluted share.  This compares to net income of $86 million, or $0.28 per diluted share.

“Although Hurricane Sandy negatively impacted fourth quarter results, 2012 was a very good year for JetBlue,” said Dave Barger, JetBlue’s President and Chief Executive Officer.  “We further solidified our position as New York’s Hometown Airline while continuing to pursue profitable growth opportunities in Boston and the Caribbean & Latin America, resulting in record revenue performance.  These results reflect the hard work and dedication of our 14,000 crewmembers who deliver exceptional service to our customers every day.”

Operational Performance

JetBlue reported record fourth quarter operating revenues of $1.2 billion despite Hurricane Sandy, which reduced revenue by an estimated $45 million.  Revenue passenger miles for the fourth quarter increased 4.3% to 8.1 billion on a capacity increase of 4.8%, resulting in a fourth quarter load factor of 81.9%, a decrease of 0.3 points year over year.

Yield per passenger mile in the fourth quarter was 13.47 cents, up 0.2% compared to the fourth quarter of 2011.  Passenger revenue per available seat mile (PRASM) for the fourth quarter 2012 decreased 0.2% year over year to 11.03 cents and operating revenue per available seat mile (RASM) decreased 0.5% year over year to 12.09 cents.

“While we saw a significant decline in demand for air travel following Hurricane Sandy, we are encouraged by more robust demand trends during the December holiday travel period,” said Robin Hayes, JetBlue’s Chief Commercial Officer.  “We continue to be pleased with the strong performance of our Boston business-oriented markets – an area of significant focus for JetBlue.”

Operating expenses for the quarter increased 8.3%, or $87 million, over the prior year period.  JetBlue’s operating expense per available seat mile (CASM) for the fourth quarter increased 3.3% year over year to 11.65 cents.  Excluding fuel, CASM increased 4.8% to 7.17 cents.

Over the course of 2012, JetBlue improved its return on invested capital (ROIC) by approximately one percentage point to 4.8%. “We improved ROIC through a combination of margin expansion and prudent balance sheet management,” said Mark Powers, JetBlue’s Chief Financial Officer.  “Nonetheless, we recognize there is still significant work to be done to continue improving shareholder returns.  We remain committed to improving ROIC and believe we are on track to do so in 2013.”

Fuel Expense and Hedging

JetBlue continued to hedge fuel to manage price volatility. Specifically, during the fourth quarter JetBlue hedged approximately 27% of its fuel consumption and managed approximately 20% of its fuel consumption using fixed forward price agreements (FFPs), resulting in a realized fuel price of $3.20 per gallon, a 1% increase over fourth quarter 2011 realized fuel price of $3.15.

JetBlue has managed approximately 18% of its first quarter projected fuel requirements using a combination of FFPs and collars.  Based on the fuel curve as of January 25th, JetBlue expects an average price per gallon of fuel, including the impact of hedges, FFPs and fuel taxes, of $3.23 in the first quarter.

Balance Sheet Update

JetBlue ended the fourth quarter with approximately $731 million in unrestricted cash and short term investments.  During the quarter, JetBlue increased its line of credit with Morgan Stanley to $200 million.  In addition, JetBlue maintains a $125 million corporate purchasing line with American Express for jet fuel purchases.

During the fourth quarter, JetBlue prepaid approximately $50 million of debt.  JetBlue recorded a $3 million loss in non-operating income during the quarter in connection with this prepayment.  In addition, JetBlue prepaid $200 million related to 2013 aircraft deliveries and pre-delivery deposits for future aircraft deliveries in exchange for favorable pricing terms.

Since December 31, 2011, JetBlue has increased the number of unencumbered Airbus A320 aircraft from one to 11 and decreased its total debt balance by approximately $285 million.  “We continue to actively manage our total debt balance and seek to optimize the liquidity on our balance sheet, which we believe will help improve ROIC,” said Mr. Powers.

First Quarter and Full Year Outlook

For the first quarter of 2013, CASM is expected to increase between 1.0% and 3.0% over the year-ago period.  Excluding fuel and profit sharing, CASM in the first quarter is expected to increase between 2.0% and 4.0% year over year.

CASM for the full year is expected to increase between 1.5% and 3.5% over full year 2012.  Excluding fuel and profit sharing, CASM in 2013 is expected to increase between 1.0% and 3.0% year over year.

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

Copyright Photo: Eddie Maloney. Airbus A320-232 N746JB (msn 3622) is dedicated to the hometown New York Jets of the National Football League. N746JB is pictured arriving at Las Vegas.

JetBlue Airways: AG Slide Show

JetBlue Airways is coming to Grand Cayman, its 23rd Caribbean destination

JetBlue Airways (New York) today announced its intent to serve Grand Cayman in the Cayman Islands, the largest destination in the British Overseas Territory’s archipelago. Beginning on November 15, 2012, the airline will serve Owen Roberts International Airport (GCM) with three times weekly service on Mondays, Thursdays and Saturdays from New York’s John F. Kennedy International Airport (JFK) and Saturday service from Boston’s Logan International Airport (BOS) beginning on November 17, 2012.

Destinations in Latin America and the Caribbean now make up almost one-third of the carrier’s route network.  Grand Cayman will be JetBlue’s 74th destination and the 23rd destination in the Caribbean. Earlier this month, JetBlue also announced intent to serve two other new Caribbean destinations: Cartagena, Colombia beginning on November 2, 2012 and Samana, Dominican Republic starting on November 14, 2012, both from New York’s JFK.

With this new addition, by the end of 2012 JetBlue will serve the following Latin American and Caribbean destinations: Aruba; The Bahamas (Nassau); Barbados; Bermuda; Cayman Islands (Grand Cayman); Colombia (Bogota and Cartagena); Costa Rica (Liberia and San Jose); Dominican Republic (La Romana, Puerto Plata, Punta Cana, Samana, Santiago and Santo Domingo); Jamaica (Kingston and Montego Bay); Mexico (Cancun); Puerto Rico (Aguadilla, Ponce and San Juan); St. Croix; St. Lucia; St. Maarten; St. Thomas; and, Turks and Caicos (Providenciales).

JetBlue’s schedule between New York and Grand Cayman:

JFK to GCM: GCM to JFK:
Depart – Arrive Depart – Arrive
7:00 a.m. – 11:00 a.m. 12:00 p.m. –  3:50 p.m.
– Flights operate three times weekly on Mon., Thurs., Sat.
beginning Thurs., Nov. 15 , 2012 –
– All times local –

JetBlue’s schedule between Boston and Grand Cayman:

BOS to GCM: GCM to BOS:
Depart – Arrive Depart – Arrive
10:25 a.m. – 2:35 p.m. 3:30 p.m. – 7:25 p.m.
– Flights operate on Saturdays beginning Sat. Nov. 17, 2012 –
– All times local –

JetBlue’s flights to Grand Cayman from Boston and New York will be operated with its Airbus A320 aircraft.

Copyright Photo: Eric Dunetz. Airbus A320-232 N746JB in the New York Jets motif departs from JFK.

JetBlue Airways: 

Routes from New York (JFK):

Please click on the map to expand.

JetBlue Airways reports a 3Q net profit of $59 million

JetBlue Airways Corporation (New York) reported its results for the third quarter 2010:

Operating income for the quarter was $140 million, resulting in a 13.6% operating margin. This compares to operating income of $66 million and a 7.7% operating margin in the third quarter of 2009.

Pre-tax income for the quarter was $97 million. This compares to pre-tax income of $23 million in the third quarter of 2009.

Net income for the third quarter was $59 million, or $0.18 per diluted share. This compares to JetBlue’s third quarter 2009 net income of $15 million, or $0.05 per diluted share.

Copyright Photo: Eric Dunetz. Please click on photo for additional details for this new logojet.