Jetblue 2024 what’s going on
04-17-2024, 08:23 AM
#1
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Jetblue 2024 what’s going on
Some general stuff starting to get thrown in some
specific threads.
Trying to start a general discussion thread.
This post seems like a good place to start.
specific threads.
Trying to start a general discussion thread.
This post seems like a good place to start.
Well this is interesting....I came to drop some similar rumors too. Check below, 2 rumors:
1st rumor:
6 to 8 Business class seats in cabin to be announced in May
SJU will become a base. A220 FLL base in August annual bid.
SQ is weak in Dub AMS LGW, possibly will go away (yes I'm curious about this too since Dub and AMS is still fresh, maybe they meant seasonal? Idk)
Bos to grow the most in network over the next several years, Marty behind that.
Widebodies off the table as of now
B6 in 2 day long meeting this week with Airbus discussing the future of the XLR
2nd rumor:
"Had jojo on my flight. Said our guidance will be conservative throughout the year. The Board met yesterday with the 2 activist investors. One needs a little more help with understanding the business. They've been mostly quiet. Jojo and the squad are focused on reliability and improving the balance sheet. There will probably be another AA partnership. AA want it bad, and we can use their slots in LGA and even EWR to drive down cost for operations(in ewr).
We had significant gains in loyalty pax from NEA. Also will be making more personnel changes. Poached someone to work with Marty, announcement in a couple of weeks.
The draw downs were hard decisions, but we need the metal on more profitable markets to defend against Frontier (SJU) and Delta (BOS), so expect some responses there."
End of rumor
I guess we will see if some or most of these become true between May (investor day) and August (for bases). For A220 base in FLL, someone asked today in the pocket session about A220 RDU base and JW said no and A220 FLL is a much stronger possibility.
1st rumor:
6 to 8 Business class seats in cabin to be announced in May
SJU will become a base. A220 FLL base in August annual bid.
SQ is weak in Dub AMS LGW, possibly will go away (yes I'm curious about this too since Dub and AMS is still fresh, maybe they meant seasonal? Idk)
Bos to grow the most in network over the next several years, Marty behind that.
Widebodies off the table as of now
B6 in 2 day long meeting this week with Airbus discussing the future of the XLR
2nd rumor:
"Had jojo on my flight. Said our guidance will be conservative throughout the year. The Board met yesterday with the 2 activist investors. One needs a little more help with understanding the business. They've been mostly quiet. Jojo and the squad are focused on reliability and improving the balance sheet. There will probably be another AA partnership. AA want it bad, and we can use their slots in LGA and even EWR to drive down cost for operations(in ewr).
We had significant gains in loyalty pax from NEA. Also will be making more personnel changes. Poached someone to work with Marty, announcement in a couple of weeks.
The draw downs were hard decisions, but we need the metal on more profitable markets to defend against Frontier (SJU) and Delta (BOS), so expect some responses there."
End of rumor
I guess we will see if some or most of these become true between May (investor day) and August (for bases). For A220 base in FLL, someone asked today in the pocket session about A220 RDU base and JW said no and A220 FLL is a much stronger possibility.
04-17-2024, 11:22 AM
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Q1 2024 Earnings 4/23/24 10am
https://ir.jetblue.com/events-and-pr...l/default.aspx
Annual JBLU Shareholder meeting 5/17/24 9am
https://capedge.com/filing/1158463/0...08/JBLU-DEF14A
JB Investor Day 2024 May 30th 2024
https://ir.jetblue.com/events-and-pr...l/default.aspx
Annual JBLU Shareholder meeting 5/17/24 9am
https://capedge.com/filing/1158463/0...08/JBLU-DEF14A
JB Investor Day 2024 May 30th 2024
04-18-2024, 10:03 AM
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The part of that rumor where they poached someone to work with Marty seems like it was announced today(and not in a couple weeks). Daniel Shurz will be reporting to Marty as heading of revenue, network and enterprise planning.
Will be watching to see what else comes through.
04-18-2024, 10:53 AM
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The part of that rumor where they poached someone to work with Marty seems like it was announced today(and not in a couple weeks). Daniel Shurz will be reporting to Marty as heading of revenue, network and enterprise planning.
Will be watching to see what else comes through.
Will be watching to see what else comes through.
Seems like he was a pretty sharp guy:
What’s the plan?
04-18-2024, 11:36 AM
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04-18-2024, 11:46 AM
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I wonder if this translates to a more broad region strategy vs sole focus on a hub city. Think adding mini hubs places like the rumored BDL/TPA/DCA/SJU. We have such great brand awareness throughout the NE/Florida, so this might make sense.
JetBlue has poached Frontier’s former network planning head and has moved the person previously in change of network over to finance, I’d say indicating disappointment with how the network has evolved.
The Frontier exec left several months ago likely waiting out a no compete. It’s also interesting in light of Indigo liquidating their position in Frontier. Is that connected? Is Indigo going to invest in JetBlue or is simply their departure from Frontier enough to send loyalists packing?
This probably means a much bolder network strategy for JetBlue which under the prior CEO became basically a hub style airline with flights focused entirely around a few airports. That is now likely to change. Whether it means a shift to more of an LCC/ULCC seems less likely, but could be the case.
The Frontier exec left several months ago likely waiting out a no compete. It’s also interesting in light of Indigo liquidating their position in Frontier. Is that connected? Is Indigo going to invest in JetBlue or is simply their departure from Frontier enough to send loyalists packing?
This probably means a much bolder network strategy for JetBlue which under the prior CEO became basically a hub style airline with flights focused entirely around a few airports. That is now likely to change. Whether it means a shift to more of an LCC/ULCC seems less likely, but could be the case.
04-18-2024, 11:49 AM
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04-20-2024, 06:23 AM
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these guys have a good podcast and one about “Does Jetblue Have a Real Plan.”
https://crankyflier.com/2024/03/14/i...-jon-ostrower/
https://crankyflier.com/2024/03/14/i...-jon-ostrower/
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