Welcome to Flightinfo.com

  • Register now and join the discussion
  • Friendliest aviation Ccmmunity on the web
  • Modern site for PC's, Phones, Tablets - no 3rd party apps required
  • Ask questions, help others, promote aviation
  • Share the passion for aviation
  • Invite everyone to Flightinfo.com and let's have fun

Jetblue sells 6 E190's

Welcome to Flightinfo.com

  • Register now and join the discussion
  • Modern secure site, no 3rd party apps required
  • Invite your friends
  • Share the passion of aviation
  • Friendliest aviation community on the web

Lampshade

Well-known member
Joined
Feb 3, 2002
Posts
485
http://www.flightglobal.com/article...f-jetblue-e-190s-headed-for-brazils-azul.html


US low-cost carrier JetBlue Airways today revealed plans to offload six Embraer 190s by the end of the first quarter 2009.
The carrier has reached an agreement to lease two E-190s to Brazilian start-up Azul, which is spearheaded by JetBlue founder David Neeleman.
One E-190 has already been delivered to Azul "and one is soon to be delivered by the end of 2008", said JetBlue CFO Ed Barnes this morning at the Calyon Securities Airline Conference.
Additionally, JetBlue intends to sell four future E-190 deliveries to Jetscape in the first quarter of 2009. Jetscape will subsequently lease these four aircraft to Azul, says Barnes.
"It was the gameplan coming into 2009 to continue to slow our growth. We wanted to do that through deferrals," says Barnes, noting, however, that the agreement with Azul "was helpful". He assures that JetBlue is "very pleased" with the performance of its E-190s.
To date, JetBlue has deferred delivery of over 100 aircraft, and announced the sale of 18 Airbus A320s. The company's 2009 capacity plan calls for four net E-190s and one net A320.
Azul also has 36 E-195s on order with Embraer, with options for 20 and purchase rights for a further 20.
 
Still four additional E-190's and one A-320 next year, but the down turn in the economy could change that tomorrow.
 
Whats the reasoning by leasing out your new planes, and still getting new planes? JetBlue going to move to become a leasing company?

Just curious to the benefits of what they are doing.
 
Whats the reasoning by leasing out your new planes, and still getting new planes? JetBlue going to move to become a leasing company?

Just curious to the benefits of what they are doing.

It's called the Dave Neeleman Azul JB Debt Ratio Bailout and Interest Rate Plan of 2008. Congress passed it.

As for no impact to the 190 bubbas -- ballsy statement there.

DID YA THINK WE WOULD EVER SELL 190s? WELL STAND THE F--K BY.
 

Latest resources

Back
Top