When configured with 200 seats, the Airbus A321neo will drive meaningful unit cost reductions for JetBlue.
News & Analysis: JetBlue Airways
The popular low-fare carrier continues to face a variety of unit revenue headwinds across its route network.
Flight cancellations have been a big problem for Spirit Airlines all spring and summer, so a big, slow-moving hurricane was the last thing it needed to close out Labor Day weekend.
Markets were generally higher on favorable geopolitical news.
A partnership with Aeronex Cargo could allow JetBlue to resume cargo service in a more profitable way.
Analysts and investors seem skeptical of JetBlue's EPS growth targets, but the company is already making substantial progress, with most of the benefit from its revenue growth and cost savings initiatives still to come.
JBLU earnings call for the period ending June 30, 2019.
The popular low-fare airline returned to strong earnings growth last quarter as its revenue growth and cost reduction plans started to gain traction.
JetBlue and Spirit Airlines weren't able to beat their unit revenue forecasts in the second quarter, but they are still set to report stellar earnings growth.
JetBlue is steadily eliminating noncore routes in favor of adding more service in its strongest markets.