JetBlue Airways EVP of commercial and planning Marty St George reported (25-Jan-2018) the latest key developments in the following markets:
- Boston: Market is driving superior margins with low fares supported in leisure markets through upgauging. Business markets continue to perform in line with expectations, with a growing relevance with Minneapolis service;
- Fort Lauderdale: RASM continues to out-perform system, with stabilising yields on Fort Lauderdale-New York. The carrier continues to add destinations to the Caribbean as well as frequencies to domestic markets;
- Mint/trans continental markets: Mint routes are supporting superior margins in trans continental markets, with the latest Mint conversions developing well. Further conversions are scheduled through spring 2018;
- New York City: JetBlue investing in schedules, tools and processes to strengthen operation and protect margins. The carrier continues to see margin benefits of the A321 all-core upgauging;
- Caribbean: Puerto Rico market is doing better than expected in 4Q2017, as the carrier slowly returns capacity and monitors VFR/leisure bookings. Strength in international markets are exceeding expectations, with leisure traffic to the region remaining strong. [more - original PR]