JetBlue Latest and Greatest
#2642
I have heard that a senior Instructor at JBU recently quit after the company asked the school house guys to create a Restricted ATP syllabus.
Also...in other "news" word is only half of the latest round of 1600 applications met our minimum requirements...the days of 4000+ applications may be over.
Of course all of this is hear say
Also...in other "news" word is only half of the latest round of 1600 applications met our minimum requirements...the days of 4000+ applications may be over.
Of course all of this is hear say
#2643
Gets Weekends Off
Joined APC: Aug 2011
Posts: 1,206
#2644
Gets Weekends Off
Joined APC: Sep 2014
Posts: 1,316
JetBlue to Cut Growth In Shaky Time for Airlines
http://www.barrons.com/articles/jetblue-to-cut-growth-in-shaky-time-for-airlines-1486400211
On Monday, JetBlue said it was cutting its capacity growth, essentially slowing down how quickly it adds new seats. For some fast-growing companies, a slowdown in growth would worry Wall Street. But for JetBlue, it’s the kind of move that investors cheer. Its stock was up about 0.5% Monday on a relatively weak day for the stock market.
Airlines always have to balance growth with demand, and lately supply seems to be outpacing demand in some markets. New travel restrictions imposed by the Trump administration may also weigh on demand in the coming months. JetBlue already estimated surprisingly weak January numbers, and shares are down 13% this year. Investors worry that slowing demand and increasing competition will cause airlines to lower their fares, hurting earnings.
On Monday JetBlue said it will reduce its 2017 capacity growth to 5.5%-7.5% from a previous estimate of 6.5%-8.5%. Last year, the company grew capacity by 8.9%, after growing by 9.5% in 2015.
Raymond James analyst Savanthi Syth thinks the move “should positively impact earnings, particularly in the second half of 2017. We believe investors will view favorably the quick response by JetBlue.”
Syth also notes that the cuts will come on off-peak months and red-eye flights, and won’t impact the peak summer months. So, most travelers probably won’t notice it. But investors probably will.
http://www.barrons.com/articles/jetblue-to-cut-growth-in-shaky-time-for-airlines-1486400211
On Monday, JetBlue said it was cutting its capacity growth, essentially slowing down how quickly it adds new seats. For some fast-growing companies, a slowdown in growth would worry Wall Street. But for JetBlue, it’s the kind of move that investors cheer. Its stock was up about 0.5% Monday on a relatively weak day for the stock market.
Airlines always have to balance growth with demand, and lately supply seems to be outpacing demand in some markets. New travel restrictions imposed by the Trump administration may also weigh on demand in the coming months. JetBlue already estimated surprisingly weak January numbers, and shares are down 13% this year. Investors worry that slowing demand and increasing competition will cause airlines to lower their fares, hurting earnings.
On Monday JetBlue said it will reduce its 2017 capacity growth to 5.5%-7.5% from a previous estimate of 6.5%-8.5%. Last year, the company grew capacity by 8.9%, after growing by 9.5% in 2015.
Raymond James analyst Savanthi Syth thinks the move “should positively impact earnings, particularly in the second half of 2017. We believe investors will view favorably the quick response by JetBlue.”
Syth also notes that the cuts will come on off-peak months and red-eye flights, and won’t impact the peak summer months. So, most travelers probably won’t notice it. But investors probably will.
#2645
Gets Weekends Off
Joined APC: Feb 2011
Posts: 1,327
#2647
Gets Weekends Off
Joined APC: Jan 2017
Posts: 252
#2648
Gets Weekends Off
Joined APC: Feb 2011
Posts: 1,327
Enjoy the ride. Could be worse you could be a 25 year FO on a 737, and still waiting for upgrade.
Piloting is good. It's a great time to be chuck yeagar. You signed up for an airline with a young pilot group. Want quick upgrade. I hear dinosaurs are going extinct at delta.
#2649
Banned
Joined APC: Jan 2011
Posts: 1,122
Everyone's got chill out a little bit... North Korea is going to blast us to smitherines anyway... so be happy. Enjoy the show. I was for sure Gisele was going to break up with Tom Brady last night, guess I was wrong.
Enjoy the ride. Could be worse you could be a 25 year FO on a 737, and still waiting for upgrade.
Piloting is good. It's a great time to be chuck yeagar. You signed up for an airline with a young pilot group. Want quick upgrade. I hear dinosaurs are going extinct at delta.
Enjoy the ride. Could be worse you could be a 25 year FO on a 737, and still waiting for upgrade.
Piloting is good. It's a great time to be chuck yeagar. You signed up for an airline with a young pilot group. Want quick upgrade. I hear dinosaurs are going extinct at delta.
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