JetBlue’s risk of deferring Aircraft?
11-03-2020, 08:30 AM
#1
Line Holder
Thread Starter
Joined APC: Aug 2015
Position: E-190 FO
Posts: 32
JetBlue’s risk of deferring Aircraft?
I saw this article posted on AA’s page and saw it listed JB pretty high in being at risk for not taking the aircraft we’ve committed to take. I just wanted see what others thought of it, especially considering JB has a pretty solid history of kicking the can down the road with aircraft orders.
https://finance.yahoo.com/news/airli...lyzUAtZHqWm1xg
https://finance.yahoo.com/news/airli...lyzUAtZHqWm1xg
11-03-2020, 08:58 AM
#2
Perennial Reserve
Joined APC: Jan 2018
Posts: 11,501
Originally Posted by JackieChan
I saw this article posted on AA’s page and saw it listed JB pretty high in being at risk for not taking the aircraft we’ve committed to take. I just wanted see what others thought of it, especially considering JB has a pretty solid history of kicking the can down the road with aircraft orders.
https://finance.yahoo.com/news/airli...lyzUAtZHqWm1xg
https://finance.yahoo.com/news/airli...lyzUAtZHqWm1xg
With all the late model used aircraft on sale from leasing companies who have repossessed them from airlines that have folded, anybody who CAN economically defer (or even cancel) orders placed over a year ago OUGHT to be trying to do it. Why pay full price when you can get it for half price and a paint job?
11-03-2020, 10:00 AM
#4
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,588
This uses the Altman Z-score, which isn't a perfect metric by any means. You can see JBLU was in the red zone for years until 2015 but never went BK
Altman Z-Score Analysis of JetBlue Airways Corporation (JBLU)
Will JBLU defer aircraft? That's almost guaranteed, but the chart in the article is based on the likelihood of going bankrupt in the next 5 years based on the Z-score, which I don't think is reliable.
Altman Z-Score Analysis of JetBlue Airways Corporation (JBLU)
Will JBLU defer aircraft? That's almost guaranteed, but the chart in the article is based on the likelihood of going bankrupt in the next 5 years based on the Z-score, which I don't think is reliable.
11-03-2020, 12:35 PM
#5
Gets Weekends Off
Joined APC: Jul 2014
Posts: 261
Originally Posted by Excargodog
With all the late model used aircraft on sale from leasing companies who have repossessed them from airlines that have folded, anybody who CAN economically defer (or even cancel) orders placed over a year ago OUGHT to be trying to do it. Why pay full price when you can get it for half price and a paint job?
Honestly, I can see the argument of playing hard-ball with lessors vs. manufacturers.
11-09-2020, 04:06 AM
#6
Gets Weekends Off
Joined APC: Oct 2012
Position: e145 fo
Posts: 250
Originally Posted by JackieChan
I saw this article posted on AA’s page and saw it listed JB pretty high in being at risk for not taking the aircraft we’ve committed to take. I just wanted see what others thought of it, especially considering JB has a pretty solid history of kicking the can down the road with aircraft orders.
https://finance.yahoo.com/news/airli...lyzUAtZHqWm1xg
https://finance.yahoo.com/news/airli...lyzUAtZHqWm1xg
11-10-2020, 10:35 AM
#8
Gets Weekends Off
Joined APC: Feb 2008
Position: B6
Posts: 777
Air Canada is cancelling A220 orders and deferring 18 A220’s in 21/22’. Jetblue should just let it rip and start taking additional A220’s and parking 190’s. Costs aside, I bet they could be more creative in route structure in this environment w/ A220’s.
11-11-2020, 04:09 AM
#9
Gets Weekends Off
Joined APC: Feb 2011
Posts: 1,327
Originally Posted by Ted Striker
Air Canada is cancelling A220 orders and deferring 18 A220’s in 21/22’. Jetblue should just let it rip and start taking additional A220’s and parking 190’s. Costs aside, I bet they could be more creative in route structure in this environment w/ A220’s.
Thread
Thread Starter
Forum
Replies
Last Post
