Tag Archives: New York Jets

JetBlue updates the New York Jets NFL logo jet for the 2025 season

JetBlue Airways and the New York Jets unveiled a new Jets-branded livery at John F. Kennedy International Airport (JFK) on September 16. Named “J! E! T! B! L! U! E!” and designed with refreshed 2025 season branding, the aircraft showcases the team’s latest logos and colors, turning heads at 35,000 feet and on the tarmac.

The Airbus A320 aircraft (N746JB) was celebrated at a gate-side event, hosted by SNY’s Jeané Coakley, inside JetBlue’s Terminal 5 at JFK Airport. To celebrate the beginning of the 2025 season and the newly designed plane, JetBlue and team leaders were joined by tight end Jeremy Ruckert, linebacker Quincy Williams, and Jets legends Marty Lyons and Erik Coleman. Customers on the celebratory flight were treated to exclusive photo opportunities and autograph signings with Ruckert, Williams, Lyons and Coleman, and received Jets gift bags with team-branded shirts and hats at their seats on “J! E! T! B! L! U! E!”.

Named after the team’s iconic gameday chant, “J! E! T! B! L! U! E!” swaps JetBlue’s iconic blue for a Jets traditional green paint scheme, with white wings and white stripes inspired by the team’s jersey sleeves across the back of the fuselage. The plane’s belly, engines, tail, and doors all boast prominent Jets logos and branding, making the team visible to both customers and plane spotters on the ground and in the sky.

A long-time partner of the New York Jets, JetBlue became the team’s Official Airline in 2009 and later reaffirmed that commitment with a livery design dedicated to the team one year later. “JetGreen” originally debuted in 2010, becoming the first sports-themed aircraft to join JetBlue’s fleet, before an updated Jets-themed plane was launched in 2017. The partnership has since expanded to include joint marketing, in-stadium activations and exclusive promotions for more than 15 years.

JetBlue aircraft slide show:

Other airline news:

All JetBlue crewmembers to receive a $1,000 bonus

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:

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 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:

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.

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 Airbus A320-232 N746JB (msn 3622) (NY Jets) JFK (Eric Dunetz) (unveiled October 15), originally uploaded by Airliners Gallery.

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.