The terms of the leases are stipulated upon signing. The lease back return dates come and go regardless of Jetblue profit margins. If the lessor is willing to adjust the terms for the lessee than Jetblue does resign the agreement.

Typically the lease agreements are based on a specific time frame, incorporate cycles and total time on the airframe but rarely are based on profit margins. Upon reaching the end of an agreement Jetblue has resigned based on the lessors desire to maintain similar or better terms.

Again, the agreements are rarely based on Jetblue profit margins. Sorry for the confusion.

Hope your right.

Just got out of JBU, the talk is as soon as Sept or as late as Nov. should be soon. Hang in there guys/girls.

Based on the latest Reuters report I don't think we'll be having classes soon.

Do you mean this report?

NEW YORK, July 12, 2012 /PRNewswire/ -- JetBlue Airways Corporation [NASDAQ: JBLU] reported its preliminary traffic results for June 2012. Traffic in June increased 9.7 percent from June 2011, on a capacity increase of 4.8 percent.

Load factor for June 2012 was 85.9 percent, an increase of 3.8 points from June 2011. JetBlue's preliminary completion factor was 98.8 percent and its on-time (1) performance was 77.4 percent. JetBlue's preliminary passenger revenue per available seat mile for the month of June increased six percent year over year.

Normally 10 years from furlough, but there was an extension due to the NW / DAL merger out to early 2014. When DAL starts hiring though many will jump because you never know how long that will go on, and DAL has to be hiring before the bypass'ers can return.
LUV

Unfortunately not.

I would not be too worried about the American merger article that lists every possible airline they can merger with. Just about every analyst see no value in a JB/AA merger.

My thoughts exactly. IMHO, AMR has named every possible candidate but I do not see Doug Parker and US Airways giving up on their dream dance partner. US Airways has already spent a lot of time and money on this deal and they will not let this big fish get away.

On the other hand, JB management and our BOD have said publicly that they want nothing to do with AMR (other than our code shares), so unless Horton and company make a hostile attempt to take us over, I just don't see this playing out. I will not lose any sleep over this, as it is a longshot at best. Now back to your regularly scheduled fear mongering.

War Eagle!!

What are you doing now, making Reuters reports up in your head?