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Old 12-09-2017, 05:37 AM
  #4981  
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Originally Posted by rooinek View Post
Had the same mentality: "If I go to X airline it would take me Y years to catch up on income from what I make at my regional". Even made a spreadsheet for it and turned down Frontier, Spirit, Atlas and Virgin. I decided I was only going to go to an airline that would offer an actual jump in pay. Then the DAL interview came and I wasn't hired. I thought it went well, I'm qualified, none of the others were more competent or better candidates, just the wrong interviewers on the wrong day I guess. Now considering JB as an option. The rest of the legacies may never call. Don't forget how much luck is involved in this career. Average pilot pay in 2016 at JB was ~$150k. Yes, at DAL it was ~$228k, but $150k is still way more than I can earn as a regional pilot.

Source: Airline Data Project
Keep at it if your dream job is major X... There are plenty of pilots that interviewed more than once to get where they wanted to be.
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Old 12-09-2017, 06:27 AM
  #4982  
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Originally Posted by pilotpayne View Post
I had thought about buying one and next time I was down there do the walk around with it to see what they would do.
Make sure you check their ID and have them sign your clipboard. I forget where they do that. Maybe PAP?
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Old 12-09-2017, 07:18 AM
  #4983  
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Originally Posted by CaptCoolHand View Post
Come on now... no one uses a clip board... paper clip maybe?
but obsessive compulsive paper folding and tucking does happen.

ask whitehammer, my fo's fold pimp origami.
Yes he did! My whole point that has be blown out of water is with ALPA things are getting better..... a couple of grievances and clarifications and the hard work of our volunteers is JetBlue is getting better. Once we get a contract it will be much better IMHO. A lot of ALPA JetBlue pilots do so much for future ALPA JetBlue pilots too!
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Old 12-09-2017, 09:13 AM
  #4984  
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Originally Posted by hyperboy View Post
ATR Driver you are the one that got real personal with me on this board. In fact you did your homework and stalked who I was? What is your problem with me? What do you know that your so much better and smarter than me?

I'm just glad you quit bringing out your clipboard in the cockpit. It was driving the Captains crazy......I got tired of hearing about it.....
Not sure what is funnier..... that you think everyone is unaware of who you are or that you think I'm clipboard boy.
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Old 12-09-2017, 11:25 AM
  #4985  
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Originally Posted by rooinek View Post
Had the same mentality: "If I go to X airline it would take me Y years to catch up on income from what I make at my regional". Even made a spreadsheet for it and turned down Frontier, Spirit, Atlas and Virgin. I decided I was only going to go to an airline that would offer an actual jump in pay. Then the DAL interview came and I wasn't hired. I thought it went well, I'm qualified, none of the others were more competent or better candidates, just the wrong interviewers on the wrong day I guess. Now considering JB as an option. The rest of the legacies may never call. Don't forget how much luck is involved in this career. Average pilot pay in 2016 at JB was ~$150k. Yes, at DAL it was ~$228k, but $150k is still way more than I can earn as a regional pilot.

Source: Airline Data Project
First year pay stinks, that is for sure. I’ve had that conversation with plenty of guys. Try not to think about first year pay, think about your last years pay. You aren’t giving up $30k by going to a new carrier in your first year, you are giving up $300,000 in your last if you turn down a decent job to stay at your regional. Think of it as a cost of doing business.
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Old 12-09-2017, 01:52 PM
  #4986  
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JetBlue's Fleet Review Should Wrap Up Soon -- and It's a Big Deal
[email protected] (Adam Levine-Weinberg) Dec 9, 2017 Updated 26 min ago
JetBlue's Fleet Review Should Wrap Up Soon -- and It's a Big Deal
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Earlier this year, JetBlue Airways (NASDAQ: JBLU) launched a comprehensive fleet review, led by new CFO Steve Priest. This entails fine-tuning the timing of aircraft deliveries from Airbus (NASDAQOTH: EADSY) -- as well as the mix of models within the A320neo family -- and making a decision about the future of the carrier's Embraer (NYSE: ERJ) E190 fleet.

JetBlue aims to finish the fleet review and announce its plans by the end of 2017, according to management. Some of the potential fleet changes could significantly improve JetBlue's earnings power over time, so this announcement may be a big catalyst for JetBlue stock.

Will JetBlue expand its horizons?

One key decision JetBlue has to make is whether or not to upgrade some of its Airbus orders to the A321LR model. The A321LR will become available in late 2019 and is projected to offer 4,000 miles of range. This would give JetBlue the ability to fly from its Boston and New York focus cities to numerous destinations in Western Europe.

JetBlue's management is working through an analysis to determine whether flying to Europe would be margin-accretive. Based on the low operating costs of the A321LR and the massive popularity of JetBlue's upscale Mint service on transcontinental routes, it certainly seems like there's a big opportunity for JetBlue in the transatlantic market.

JetBlue's upscale Mint premium cabin has been a huge success. Image source: JetBlue Airways.

As a JetBlue shareholder (and fan), I certainly hope the company tries flying to Europe. There's only so much you can learn from running financial projections. Mint has turned out to be vastly more profitable in the domestic market than management had expected. It would have been a shame if JetBlue had decided that the projected profitability of Mint wasn't quite high enough to justify the investment.

What's the future of the Embraer E190 at JetBlue?
An even thornier issue for JetBlue is plotting a long-term strategy for short-haul markets. Today, it serves many of these routes with the 100-seat Embraer E190 jet. From a revenue production standpoint, the E190 is ideal. It enables JetBlue to offer high-frequency service in order to attract business travelers.

However, the E190 has much higher unit costs than JetBlue's A320s. The gap has increased over time as pilot wages escalated and maintenance costs for the E190 proved to be much higher than initially expected.

JetBlue has 60 Embraer E190 planes in its fleet today. Half are owned, while the other half are on leases that expire between 2023 and 2025. It would be simple enough to exit the leased part of the fleet by the end of 2025, but JetBlue would probably have to write down the value of the owned E190s significantly if it were to sell them within that same timeframe. Yet the benefits of upgrading JetBlue's fleet might justify that cost.

Plenty of intriguing options


The most straightforward option for JetBlue would be to return to a single fleet type. It could probably buy (or lease) cheap used A319s to use on lower-demand routes while "upgauging" most E190 routes to Airbus A320s. This strategy would lead to significantly lower unit revenue on some routes, but that might be more than offset by a big decline in JetBlue's unit costs.

The alternative is to continue operating two different aircraft types. The CSeries family and Embraer's next-generation E2 family are the main options if JetBlue decides to go this route.

JetBlue will probably opt to retire some E190s ahead of schedule. Image source: JetBlue Airways.

The first CSeries jets have already entered service and have been even more fuel efficient than promised. Another advantage of the CSeries jets is that they have full transcontinental range. As a result, JetBlue could even replace some of its A320s with CSeries aircraft for lower-demand routes that are too long for its Embraer jets.


However, Embraer's E2-series jets offer some big advantages, too. First, Embraer is in the best position to take JetBlue's current-generation E190s as trade-ins for a new order. Second, JetBlue already has firm orders for 24 E190s, which it could swap for E2 orders. Third, upgrading to the E190-E2 and/or the E195-E2 wouldn't require expensive retraining of JetBlue's pilots. Fourth, of the available options, only the E190-E2 is a true 100-seat aircraft, making it the most suitable for markets where JetBlue most needs smaller planes.

JetBlue is poised to make some big decisions that will shape its future for the next decade and beyond. Once the carrier clarifies its long-term strategy, the market may begin to recognize the extent of JetBlue's profit growth potential, sending the stock price higher
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Old 12-09-2017, 03:55 PM
  #4987  
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Originally Posted by AMC190 View Post
JetBlue's Fleet Review Should Wrap Up Soon -- and It's a Big Deal
[email protected] (Adam Levine-Weinberg) Dec 9, 2017 Updated 26 min ago
JetBlue's Fleet Review Should Wrap Up Soon -- and It's a Big Deal
Facebook
Twitter
Email
Print
Save
Earlier this year, JetBlue Airways (NASDAQ: JBLU) launched a comprehensive fleet review, led by new CFO Steve Priest. This entails fine-tuning the timing of aircraft deliveries from Airbus (NASDAQOTH: EADSY) -- as well as the mix of models within the A320neo family -- and making a decision about the future of the carrier's Embraer (NYSE: ERJ) E190 fleet.

JetBlue aims to finish the fleet review and announce its plans by the end of 2017, according to management. Some of the potential fleet changes could significantly improve JetBlue's earnings power over time, so this announcement may be a big catalyst for JetBlue stock.

Will JetBlue expand its horizons?

One key decision JetBlue has to make is whether or not to upgrade some of its Airbus orders to the A321LR model. The A321LR will become available in late 2019 and is projected to offer 4,000 miles of range. This would give JetBlue the ability to fly from its Boston and New York focus cities to numerous destinations in Western Europe.

JetBlue's management is working through an analysis to determine whether flying to Europe would be margin-accretive. Based on the low operating costs of the A321LR and the massive popularity of JetBlue's upscale Mint service on transcontinental routes, it certainly seems like there's a big opportunity for JetBlue in the transatlantic market.

JetBlue's upscale Mint premium cabin has been a huge success. Image source: JetBlue Airways.

As a JetBlue shareholder (and fan), I certainly hope the company tries flying to Europe. There's only so much you can learn from running financial projections. Mint has turned out to be vastly more profitable in the domestic market than management had expected. It would have been a shame if JetBlue had decided that the projected profitability of Mint wasn't quite high enough to justify the investment.

What's the future of the Embraer E190 at JetBlue?
An even thornier issue for JetBlue is plotting a long-term strategy for short-haul markets. Today, it serves many of these routes with the 100-seat Embraer E190 jet. From a revenue production standpoint, the E190 is ideal. It enables JetBlue to offer high-frequency service in order to attract business travelers.

However, the E190 has much higher unit costs than JetBlue's A320s. The gap has increased over time as pilot wages escalated and maintenance costs for the E190 proved to be much higher than initially expected.

JetBlue has 60 Embraer E190 planes in its fleet today. Half are owned, while the other half are on leases that expire between 2023 and 2025. It would be simple enough to exit the leased part of the fleet by the end of 2025, but JetBlue would probably have to write down the value of the owned E190s significantly if it were to sell them within that same timeframe. Yet the benefits of upgrading JetBlue's fleet might justify that cost.

Plenty of intriguing options


The most straightforward option for JetBlue would be to return to a single fleet type. It could probably buy (or lease) cheap used A319s to use on lower-demand routes while "upgauging" most E190 routes to Airbus A320s. This strategy would lead to significantly lower unit revenue on some routes, but that might be more than offset by a big decline in JetBlue's unit costs.

The alternative is to continue operating two different aircraft types. The CSeries family and Embraer's next-generation E2 family are the main options if JetBlue decides to go this route.

JetBlue will probably opt to retire some E190s ahead of schedule. Image source: JetBlue Airways.

The first CSeries jets have already entered service and have been even more fuel efficient than promised. Another advantage of the CSeries jets is that they have full transcontinental range. As a result, JetBlue could even replace some of its A320s with CSeries aircraft for lower-demand routes that are too long for its Embraer jets.


However, Embraer's E2-series jets offer some big advantages, too. First, Embraer is in the best position to take JetBlue's current-generation E190s as trade-ins for a new order. Second, JetBlue already has firm orders for 24 E190s, which it could swap for E2 orders. Third, upgrading to the E190-E2 and/or the E195-E2 wouldn't require expensive retraining of JetBlue's pilots. Fourth, of the available options, only the E190-E2 is a true 100-seat aircraft, making it the most suitable for markets where JetBlue most needs smaller planes.

JetBlue is poised to make some big decisions that will shape its future for the next decade and beyond. Once the carrier clarifies its long-term strategy, the market may begin to recognize the extent of JetBlue's profit growth potential, sending the stock price higher
Uncle robin said at thanksgiving,

“After Christmas, the budgets tight, and don’t expect too see much under the tree”
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Old 12-09-2017, 04:33 PM
  #4988  
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Oh the *****fest that would ensue if we got the 321LR... My guess is they go with it + E2 Jets to replace some portion of the 60 190s we have.
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Old 12-09-2017, 05:49 PM
  #4989  
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Originally Posted by feltf4 View Post
Uncle robin said at thanksgiving,

“After Christmas, the budgets tight, and don’t expect too see much under the tree”
The stock buyback budget clearly isn't too tight. $500 million spent this year could buy quite a few shiny new planes.
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Old 12-09-2017, 05:56 PM
  #4990  
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Originally Posted by The701Express View Post
The stock buyback budget clearly isn't too tight. $500 million spent this year could buy quite a few shiny new planes.

Or industry standard pay rates.
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