Originally Posted by
O2pilot
JB will not survive the next downturn. They are only profitable because its easy to be profitable right now. They have lost almost half their market value in the last 5 years while every other airline (Except American) is increasing. JB has no feed, so the network carriers will wipe them out in the next downturn.
Leave while you can.
You have an interesting view of JetBlue financials. Are you aware that JetBlue has one of the best balance sheets in the industry? Very low debt, buying back over a billion in stock, and paying cash for airplanes. Over 151 Firm aircraft orders through 2025 including A320/321 NEOs not to mention the 70 A220-300s, as well as the LR/XLR orders. I.E. A fuel efficient fleet with low maintenance cost.
Curious if you could tell us again how a profitable company with a healthy balance sheet, and a fuel efficient fleet with low maintenance costs and low debt doesn’t survive a downturn in this industry? I would offer that you may be confused on what type of balance sheet survives a downturn.
Our friends at the Legacies have been forecasting JetBlue’s demise for 20 years now. The airline continues to be profitable, offering a superior product with great customer service that consistently wins awards year after year. JetBlue will do just fine.
Now to offer an opinion on the original posters question, I would agree with some others on here. Tough call depending on your age, but if you’re young Delta, if you’re old JetBlue. Also if you can live in either airlines domicile that’s a game changing deciding factor to consider.