Read more »

"/>

JetBlue Looks to Cut Costs

Under the heading Nobody’s Perfect:  JetBlue’s CFO said yesterday that the airline is looking to cut costs as it finishes up its first unprofitable year since it went public.  Not a huge deal, but the carrier is getting more aggressive about cutting routes that are not performing and looking at ways of, as the story says, "automating some functions" (in other words, they’re doing some stuff).  Just so I’m clear, they’re not quite going bankrupt.  As their CFO said, ""We’re not in a position of the Big Six legacy carriers that are going
to say, ‘Gee, we’re going to strip USD$3 billion in costs out of our
system.’"

Did you enjoy this post?
Sign Up to Receive 1 Email Each Day
Join the more than 7000+ people who get 1 email each day with all the airline news, credit card ideas and general nonsense we've provided for more than 10 years.

Leave a Comment


NOTE - You can use these HTML tags and attributes:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>