JB orders A321 and A320NEO!!!

[boknowsASA]

http://investor.jetblue.com/phoenix.zhtml?c=131045&p=irol-newsArticle&ID=1576421&highlight=

JB orders 40 A320NEO and 30 A321!

 

[BoilerUP]

In addition to the fleet adjustments noted above, JetBlue will optimize its EMBRAER 190 fleet to approximately 75 aircraft.


"The E190 is performing very well as our new, shorter-haul market aircraft, often serving to build the demand in the market for eventual up-gauge to our A320," Mr. Barger said. "We are now at the point where the balance between frequency and capacity is tipping in favor of capacity, and we are exercising our most strategic asset - our order book - to better match capacity with growing network demand."

That's a reduction in expected E190 airframes, right?


Can't help but think that speaks volumes about the E190's CASM relative to either Airbus product...

 

[bluechunks]

That's a reduction in expected E190 airframes, right?

Can't help but think that speaks volumes about the E190's CASM relative to either Airbus product...

Bingo.

And....obviously the timing of this entire announcement is orchestrated as part of the anti-ALPA campaign by the company. It's pretty unusual to see an "order" for shiny airplanes in the headline combined with Airbus deferrals and the cancelation of the last 25 E190's that were ordered.

 

[AKAAB]

This has nothing to do with ALPA. In recent weeks they've dropped the obligatory hints about cutting growth and ALPA killing the airline, but have just shown that they know business is trucking right along no matter what the outcome of the vote is.

As for the E190 - that also has nothing to do with ALPA and everything to do with the lack of dispatch reliability and higher CASM. JB can't just dump the planes overnight without a replacement, but they can start limiting their exposure to the poor design of the plane.

 

[n757st]

This is a good thing for the airline. It allows us to continue paying for growth with free cash-flow while still having one of the larger order books in the industry. No we are not now recieving 15 320s now next year, but still we will grow by 10-20 frames a year indefinitely.

 

[AKAAB]

I'm not so sure of that. Ed Barnes has stated that he will keep selling planes until the Board gives him a reason not to. Translation - if he can dump older planes, he will.

 

[airjackson]

Bingo.

And....obviously the timing of this entire announcement is orchestrated as part of the anti-ALPA campaign by the company.

It isn't unusual at all for both Boeing and Airbus to hold off announcements of large aircraft orders until the Paris Airshow, n'est pas???
I would call it a coincident at best.

 

[WateryGrave]

I'm not so sure of that. Ed Barnes has stated that he will keep selling planes until the Board gives him a reason not to. Translation - if he can dump older planes, he will.

The problem with that is the used airplane market sucks donkey balls right now. Why do you think we took those six used 320's last year. He may sell some if he gets the right price, or more likely return some leases but I think we will still see positive net growth for some time.

 

[curtaindriver]

Orders....and lease return info.

Year A320 A321 Lease return

2012 +7 0 ?
2013 +4 +3 -3
2014 +0 +9 -2
2015 +0 +10 -3
2016 +2 +8 -6
2017 ? ? -1
2018 ? ? -2

Total 13 30 -17

? no numbers given

No delivery schedule for NEO's

CD

 

[sligo1]

This is a good thing for the airline. It allows us to continue paying for growth with free cash-flow while still having one of the larger order books in the industry. No we are not now recieving 15 320s now next year, but still we will grow by 10-20 frames a year indefinitely.

No unfortunatley this is not great news for Jetblue pilots. All this is, is a defferal tool without a penalty attached by Airbus. The net gain is lower than the expected deliveries through 2018. Converting orders to 321's is not a gain. The company is a master at the shell game which in this case is benficial to the shareholder-not the pilot group. As far as the neo order, we will have to wait 5+ years and hopefully the company doesn't sell the orders to another carrier for a profit. Joel Peterson owns Netscape Jet which is nothing more than an aircraft brokerage for Jet Blue. I think all that happened today is to just push off all the junoir pilots potential upgrade time. The net aircraft loss can be viewed at the conference call today. Union busting 101 is all they are trying to accomplish-weak try since it's been in the playbook for years.