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Jetblue isn't exposed to that international risk like other majors. Either is WN. We were the only two majors who have expanded during the post 911 aftermath and during the great recession.

Good post, and an interesting take. AirTran, btw, tripled in size from 2001-2010, so you might add us to that list, too. ;)
 
In our latest class of 20 that started the 15th, there was a JetBlue pilot. Evidently US Airways/American is one place they're going to. I think our next class is the 29th with 22 new hires. Lots of hiring to follow.
 
In our latest class of 20 that started the 15th, there was a JetBlue pilot. Evidently US Airways/American is one place they're going to. I think our next class is the 29th with 22 new hires. Lots of hiring to follow.

Since when is the America West side hiring. The division in Phx is stagnant. Bottom First officer hired in 2005. Could you please leave out the our.


M
 
Who is Air Tran and what type of equipment do they fly?

Well you've still got about two years to come across one of our 717's or 737's with a little "a" on the tail and, depending on your age, about 30 years to fly with our pilots.
 
Since when is the America West side hiring. The division in Phx is stagnant. Bottom First officer hired in 2005. Could you please leave out the our.


M

Oh relax MCDU, it will be over soon. We are both US Airways pilots. You should be happy, your raise is going to be bigger than mine. I plan on not being angry one way or the other.
 
Captain caveman wrote:

Don't you think that international exposure can also be a benefit, like portfolio diversification? What if something were to happen domestically? We'd all be hosed.

Let's look at some factual history regarding our industry in the past decade:

1) 911-All legacies furloughed. WN, AT, Alliegent, ATA, Frontier and Jetblue all expanded greatly... Frontier did furlough initially but then recalled all pretty quickly and expanded until high gas and credit dried up. These are all domestic carriers... they all expanded big time while worldwide footprint carriers furluoghed.

2) High gas-look to #1 above.

3) Credit market evaporates- look to #1 above.

4) SARS- hit all carriers that had exposure in Asia very badly, overnight.

5) Great Recession- DAL still hasn't hired (or recalled in years). UAL is just begining and so is Airways. AA still not hiring or recalling. Jetblue, WN and until they went away Airtran expanded.

Do I need to go on? I'm not saying that when things are stroking throughout the world that the legacies are unstoppable and finally a huge money making operation. But shut down part of the planet and they hurt. I pointed out 4 huge issues that were hugely impactful for the domestic airline and US economy that caused huge shrinkage to the legacies, but yet we saw a huge growth period for the domestics... so I disagree that we'd all be hosed.

I will restate my original thread... the legacies have a huge international risk that the LCC's don't have, as much... history proves that the legacies will shell out a minimum of 10% of thier list if things go bad... when your lists are 10,000+, it's a big furlough number...

At least at WN and B6, it's been proven that the rednecks still will fly to Disney, Bike week and the Daytona if the economy sucks... FACT!

Tail

PS- did you see the latest on the bird flu jumping countries???? Remember SARS???? or the previous Bird Flu????

http://www.france24.com/en/20130424-taiwan-confirms-first-h7n9-bird-flu-case-outside-china
 
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