Paris 2011: JetBlue shuffles deliveries, adds neo, subtracts 25 190s
In an effort to reduce its purchase obligations by more than USD800 million through 2015, JetBlue is cutting its original 100-aircraft order for Embraer 190s by 25 while re-adjusting its Airbus deliveries and switching to the Airbus neo. It is also working with Airbus to become the launch customer for a sharklet retrofit for its A320 fleet. The idea is to reduce annual capital commitments over the next five years while increasing positive free cash flow.
