JetBlue Airways and Airbus Reach Agreement to Retrofit the Airline's Airbus
A320 Fleet with Sharklets
- The letter of intent includes 110 ship-sets of retrofit Sharklets for the
airline's in-service A320 aircraft -
- JetBlue is the first carrier in North America to fly commercial service with
NEW YORK, Feb. 27, 2013
NEW YORK, Feb.27, 2013 /PRNewswire/ -- JetBlue Airways (Nasdaq: JBLU), New
York's Hometown Airline™, is proud to announce today that it has signed a
letter of intentwith Airbus to acquire 110 ship-sets of retrofit Sharklets
for the airline's in-service A320 aircraft. Deliveries are scheduled to start
in 2014. Just last week, JetBlue Airways unveiled the first of its A320
aircraft to be outfitted with Sharklets. Sharklets are newly designed wing tip
devices that are expected to improve the aerodynamics of Airbus aircraft and
significantly cut fuel burn and emissions by up to four percent.
(Logo: http://photos.prnewswire.com/prnh/20110404/NY76997LOGO )
"Airbus has been a tremendous partner in developing the Sharklets solution for
our A320 fleet; we believe we have made an excellent choice for our aircraft,"
said Dave Barger, president and CEO of JetBlue Airways. "We feel the Sharklets
are a prudent investment in our fleet, our environment and our people that
will maximize performance and efficiency, while minimizing our carbon
"It's only fitting that JetBlue is the first airline in the world to make the
decision to retrofit its in-service fleet with the fuel-saving upgrade of
Sharklets, and we are very pleased to have them on board for this solution,"
said Tom Williams, Airbus' Executive Vice President - Programs. "JetBlue has
been a real partner in the Sharklet program, and this agreement further builds
on that strong relationship. Airbus seeks to work continuously with our
customers to enhance the value our products and services deliver to them.
These Sharklets will make JetBlue's already efficient and reliable in-service
A320 fleet even more competitive."
Sharklets are an option for the A320 Family aircraft and offer JetBlue the
option of an additional 100 nautical miles range or increased payload
capability of up to 1,000 pounds. Sharklets are standard on all members of the
A320neo Family. JetBlue is not only the first carrier to fly with Sharklets in
North America but, with the conclusion of this agreement and the retrofitting,
will have the largest A320 fleet in the world with Sharklets. JetBlue's future
Airbus deliveries also will come outfitted with Sharklets.
Airbus is a global leader in aircraft manufacturing, with customer focus,
commercial know-how, technological leadership and manufacturing efficiency
that have propelled it to the forefront of the industry. In addition to
providing a modern and comprehensive product line consisting of aircraft
ranging from 107 to more than 500 seats, the company also delivers a wide
range of customer services in all areas of support, tailored to the needs of
individual operators all over the world.
About JetBlue Airways
JetBlue is New York's Hometown Airline™ with other focus cities in Boston,
Fort Lauderdale, Los Angeles (Long Beach), San Juan and Orlando. Known for its
award-winning service and free inflight entertainment as much as its low fares
JetBlue offers the most legroom in coach of any U.S. airline (based on average
fleet-wide seat pitch) as well as super-spacious Even More Space seats.
JetBlue is also America's first and only airline to offer its own Customer
Bill of Rights, with meaningful and specific compensation for customers
inconvenienced by service disruptions within JetBlue's control. Visit
www.jetblue.com/promise for details. JetBlue serves 75 cities with 750 daily
flights and plans to launch service to Charleston, S.C., Albuquerque, New
Mexico, and Philadelphia, Pennsylvania in 2013, as well as Medellin, Colombia,
subject to receipt of government operating authority. With JetBlue, all seats
are assigned, all fares are one-way, and an overnight stay is never required.
For information call 1-800-538-2583 (TTY/TDD 1-800-336-5530), or visit
This press release contains statements of a forward-looking nature which
represent our management's beliefs and assumptions concerning future events.
When used in this document and in documents incorporated herein by reference,
the words "expects," "plans," "anticipates," "indicates," "believes,"
"forecast," "guidance," "outlook," "may," "will," "should," "seeks," "targets"
and similar expressions are intended to identify forward-looking statements.
Forward-looking statements involve risks, uncertainties and assumptions, and
are based on information currently available to us. Actual results may differ
materially from those expressed in the forward-looking statements due to many
factors, including, without limitation, our extremely competitive industry;
volatility in financial and credit markets which could affect our ability to
obtain debt and/or lease financing or to raise funds through debt or equity
issuances; increases in fuel prices, maintenance costs and interest rates; our
ability to implement our growth strategy, including the ability to operate
reliably the EMBRAER 190 aircraft and our new terminal at JFK; our significant
fixed obligations; our ability to attract and retain qualified personnel and
maintain our culture as we grow; our reliance on high daily aircraft
utilization; our dependence on the New York metropolitan market and the effect
of increased congestion in this market; our reliance on automated systems and
technology; our being subject to potential unionization; our reliance on a
limited number of suppliers; changes in or additional government regulation;
changes in our industry due to other airlines' financial condition; a
continuance of the economic recessionary conditions in the U.S. or a further
economic downturn leading to a continuing or accelerated decrease in demand
for domestic and business air travel; and external geopolitical events and
conditions. Further information concerning these and other factors is
contained in the Company's Securities and Exchange Commission filings,
including but not limited to, the Company's 2011 Annual Report on Form 10-K
and Quarterly Reports on Form 10-Q. We undertake no obligation to update any
forward-looking statements to reflect events or circumstances that may arise
after the date of this release.
SOURCE JetBlue Airways
Contact: media, JetBlue Corporate Communications, +1-718-709-3089,
firstname.lastname@example.org; or Mary Anne Greczyn, Airbus - North America,
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