FILE PHOTO: Frankfurt hosts the international Motor Show (IAA)
DETROIT (Reuters) – The United Auto Workers union said on Friday that rank-and-file members at Ford Motor Co <F> have voted in favor of a new four-year labor contract with the No. 2 U.S. automaker.
The UAW will now focus on Fiat Chrysler Automobiles (FCA) <FCAU>, the sole remaining Detroit automaker without a new labor contract. Talks with FCA are expected to begin on Monday, a UAW spokesman said.
The union said 56.3% of Ford’s hourly workers voted to approve the deal, which allowed the company to avoid a strike like the one that cost its larger rival General Motors Co <GM> about $3 billion (£2.3 billion).
UAW leaders said earlier this month that Ford under the deal agreed to invest more than $6 billion in its U.S. plants, and to create or retain more than 8,500 UAW jobs.
The deal also includes pay raises and lump-sum payments over the life of the contract, a pathway to full-time employment for temporary employees and unchanged healthcare coverage.
Workers at GM approved a deal in late October that ended a contentious 40-day U.S. strike, the longest automotive labor stoppage since 1970.
Detailed terms of the Ford deal – released just a week after GM workers approved their new contract – echoed those agreed to with GM, as the union typically uses the first deal as a template for those that follow.
UAW leaders managed contract negotiations with Ford and GM, including the lengthy strike, while struggling with an ongoing federal corruption probe.
To date, 10 people have pleaded guilty in connection with the criminal investigation into illegal payoffs. Just last week former UAW vice president and former GM board member Joseph Ashton was charged with conspiracy to commit money laundering and wire fraud.
Earlier this month the UAW said that its president, Gary Jones, who had been linked to the ongoing corruption probe, was taking a leave of absence.
Rory Gamble, the union’s acting head, said last week he will examine every department of the union in response to the spreading federal corruption probe to prevent future misuse of members’ dues.
(Reporting by Nick Carey and Ben Klayman in DetroitEditing by Matthew Lewis and Cynthia Osterman)
OLATHE, Kan.–(BUSINESS WIRE)– Garmin International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced certification of the G1000® NXi integrated flight deck upgrade for the King Air C90. With the G1000 NXi, aircraft owners and operators receive a wealth of new features, innovative capabilities and added utility all within a modern flight deck. King Air C90 owners and operators can easily upgrade from the G1000 to the G1000 NXi with minimal aircraft downtime and installation labor to receive a next-generation integrated flight deck.“As the popularity and demand of the G1000 NXi continues to grow, we’re excited to expand the availability of this upgrade to even more aircraft”
“As the popularity and demand of the G1000 NXi continues to grow, we’re excited to expand the availability of this upgrade to even more aircraft,” said Carl Wolf, vice president of aviation sales and marketing. “The G1000 NXi is an advanced flight deck that adds modern features including wireless connectivity, visual approach guidance, SurfaceWatch™, HSI map and more, all of which add tremendous value and advanced capability than ever before into existing King Air C90 aircraft.”
Flight Stream 510 and Connext® technology within the G1000 NXi integrated flight deck enables Database Concierge, the wireless transfer of aviation databases from the Garmin Pilot™ app on a mobile device to the G1000 NXi. Additional features include two-way flight plan transfer, the sharing of traffic1, weather1, GPS information, back-up attitude information and more, between the G1000 NXi and the Garmin Pilot, FltPlan Go and ForeFlight Mobile applications.
Visual approach guidance and map overlay within the horizontal situation indicator (HSI) further enhance the G1000 NXi feature set. Within the HSI map, pilots can overlay NEXRAD, Flight Information Service-Broadcast (FIS-B) weather, weather radar, SafeTaxi® airport diagrams, traffic, terrain and more. NEXRAD weather radar imagery can be overlaid on the moving map and animated on the multifunction display (MFD). Split-screen view is also available on the MFD, offering a simultaneous view of maps, charts, checklists, flight plans and more on a single screen. The addition of sectional charts and IFR low/high enroute charts give pilots convenient access to chart data on the flight display.
The G1000 NXi also supports the display of Automatic Dependent Surveillance-Broadcast (ADS-B) In traffic and subscription-free Flight Information Service-Broadcast (FIS-B) weather. The addition of SurfaceWatch runway monitoring technology provides visual and aural cues to help prevent pilots from taking off or landing on a taxiway, on a runway that is too short or on the wrong runway based on performance data entered during preflight. Visual and audible runway distance remaining annunciations are also available via SurfaceWatch within the G1000 NXi.
Modernized displays offer improved readability, while state-of-the-art processors provide smoother panning throughout the displays and faster map rendering within the G1000 NXi. Because the flight displays initialize in seconds, pilots have immediate access to frequencies, flight plan data and more, saving valuable time in the cockpit. The G1000 NXi integrated flight deck also incorporates contemporary animations and new LED back-lighting, offering increased display brightness and clarity, reduced power consumption, and improved dimming performance.
This upgrade adds to the growing portfolio of aircraft eligible for the G1000 NXi integrated flight deck upgrade, including the King Air 200/300/350, Daher TBM 850/900, Cessna Citation Mustang, the Piper PA-46 and soon, the Embraer Phenom 100. Aircraft owners and operators can easily upgrade to the G1000 NXi with little aircraft down time and disruption of the panel because the displays preserve the same footprint and connectors, so panel and wiring modifications are minimized. The G1000 NXi upgrade for the King Air C90 is available immediately through select Garmin dealers. The upgraded components of the G1000 NXi also come with a two-year warranty, which is supported by Garmin’s award-winning avionics product support team. For additional information regarding the G1000 NXi upgrade for the King Air, contact Scott Frye at 913-440-2412 or scott.frye@garmin.com.
Garmin’s aviation business segment is a leading provider of solutions to OEM, aftermarket, military and government customers. Garmin’s portfolio includes navigation, communication, flight control, hazard avoidance, an expansive suite of ADS-B solutions and other products and services that are known for innovation, reliability, and value. For more information about Garmin’s full line of avionics, go to www.garmin.com/aviation.
SFO runway view from Grand Suite Parlor at newly open Grand Hyatt at SFO (Photo: Business Wire)
CHICAGO-(BUSINESS WIRE)-SFO’s only on-airport hotel brings elevated experiences to ‘The City by the Bay’
Hyatt Hotels Corporation (NYSE:H) and San Francisco International Airport(SFO) today announced the opening of Grand Hyatt at SFO, which is now accepting guests. As the only on-airport hotel at San Francisco International Airport, the $237 million luxury hotel sits on 4.2-acres and features 351 rooms including 22 suites, 14,435 square feet of well-appointed meeting and event space, two distinct culinary concepts, and an impressive art collection that was curated exclusively for the hotel by the San Francisco Arts Commission.
“We are thrilled to open the doors to Grand Hyatt at SFO and welcome our international guests, SFO visitors and local friends,” said Henning Nopper, general manager, Grand Hyatt at SFO. “The completion of this hotel, an iconic addition to our Grand Hyatt brand, is a culmination of many years of hard work and planning by Hyatt, San Francisco International Airport, the great City and County of San Francisco, San Francisco Arts Commission, and many more supporters.”
Directly connected to all airport terminals with its own dedicated, newly constructed AirTrain station, Grand Hyatt at SFO serves as a captivating destination within a destination and elevated respite for corporate business travelers as well as leisure guests to bypass the airport bustle. The highly anticipated debut also marks a key milestone in Hyatt’s west coast expansion plan to add 40 new hotels in California, Oregon and Washington by the end of 2021.
“With the opening of Grand Hyatt at SFO, we offer travelers a new benchmark in airport hospitality,” said Airport Director Ivar C. Satero. “The new hotel reflects our commitment to deliver a world-class experience for our guests, with seamless access via our AirTrain system, sustainable building design, thoughtful service and amenities, and inspiring works of public art. My thanks go out to Hyatt, the San Francisco Arts Commission, and our entire design-build team for making this day a reality.”
CONCEPT & DESIGN
The bold, vibrant design and architecture of Grand Hyatt at SFO is the vision of San Francisco-based architect Hornberger + Worstell and associate ED21, along with two internationally acclaimed interior design firms, BraytonHughes Design Studios and RoseBernard Studio. Guests step out of the hotel’s new AirTrain station, which features a dramatic kaleidoscopic stained-glass art installation, and after crossing an enclosed bridge, they enter the hotel’s stunning, light-filled lobby where they are greeted by expansive windows and views of SFO and hills beyond.
WICHITA, Kansas–(BUSINESS WIRE)– Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, today announced the first deliveries of the company’s new flagship Cessna Citation Longitude super-midsize business jet, signaling the start of a new dimension in business travel. The Longitude received FAA type certification on September 21, 2019.
“The newly certified Citation Longitude brings unrivaled technology to the business travel market, for both the passenger and the pilot, offering our customers the most efficient and productive super-midsize jet now in operation,” said Ron Draper, president and CEO. “We are thrilled to now transition this program into service.”
The Longitude features the longest maintenance intervals in its class – 800 hours or 18 months – and is the most cost-effective aircraft in its category.
“The Longitude was designed around maximizing reliability and operational availability for our customers,” said Kriya Shortt, senior vice president, Global Customer Support. “The Longitude’s industry-leading on-board diagnostics system is backed by Textron Aviation’s team of 3,000 customer service employees. Our expert technicians trained alongside the development of the program and are ready to support our customers wherever they are in the world.”
The clean-sheet design of the Longitude integrates the latest technology throughout the aircraft, including the next evolution of the Garmin G5000 flight deck. The comfortable, bespoke interior of the Longitude has class-leading legroom, cabin sound levels that are nearly twice as quiet as the nearest competitor, a low cabin altitude of 5,950 feet and more standard features than all other competitors in this segment.
About the Citation Longitude With a range of 3,500 nautical miles (6,482 kilometers) and full fuel payload of 1,600 pounds (726 kilograms), the Citation Longitude is designed to elevate passenger expectations in the super-midsize class by delivering the quietest cabin, a low cabin altitude (5,950 feet/1,814 meters), more standard features and a comfortable, bespoke interior. With seating for up to 12 passengers, including an optional crew jump seat, the Longitude features a stand-up, 6-foot tall flat-floor cabin. A standard double-club configuration delivers the most legroom in the super-midsize class. Fully berthable seats are designed and manufactured in-house and a spacious walk-in baggage compartment is accessible throughout the entire flight. State-of-the-art cabin technology enables passengers to manage their environment and entertainment from any mobile device, while high-speed internet maximizes in-flight productivity.
The clean-sheet design of the Longitude integrates the latest technology throughout the aircraft, bringing customers the lowest ownership cost in its class. It features the next evolution of the Garmin G5000 flight deck and is powered by FADEC-equipped Honeywell HTF7700L turbofan engines with fully integrated autothrottles with envelope protection. The spacious cockpit incorporates easier access and an ergonomic design that fully focuses on crew comfort and efficiency.
No super-midsize business jet offers more range, greater payload or higher cruise speed at a lower expected total ownership cost.
Today Air Lease Corporation (AL) announced a long-term lease agreement with MIAT Mongolian Airlines for one new Boeing 787-9 aircraft. This aircraft, scheduled to deliver to the airline in Spring 2021 from ALC’s order book with Boeing, will be the first 787-9 to operate in Mongolia as well as the first Dreamliner in MIAT Mongolian Airlines’ fleet.
“ALC is honored to announce this significant lease placement with MIAT Mongolian Airlines and be the first to introduce the airline to the Dreamliner,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “We are proud to support the national carrier as it expands its fleet with the most technologically advanced aircraft to connect Mongolia with the rest of the world.”
“Our vision is to become a globally recognized Mongolian national flag carrier, and we are making a significant step forward by adding the first 787-9 Dreamliner to our fleet,” said Battur Davaakhuu, President and CEO, MIAT Mongolian Airlines. “The Mongolian Dreamliner will fly our passengers direct and in unmatched comfort to their dream destinations. Today is a proud day for MIAT and for all Mongolians.”
“It will be wonderful to see the 787 Dreamliner in MIAT Mongolian Airlines’ livery flying in and out of Ulaanbaatar and connecting Mongolia with key destinations across Asia and Europe. The airline has continued to build on its proud aviation history by modernizing its fleet and operations. We are honored MIAT has selected the 787 and its superior fuel efficiency and range to profitably grow their international network,” said Ihssane Mounir, senior vice president of Commercial Sales and Marketing for The Boeing Company. “We are delighted to partner with leading lessor ALC, which has a tremendous portfolio of 787 Dreamliners and other advanced jets, to open a new chapter in MIAT’s history.”
MIAT Mongolian Airlines currently operates two Boeing 737 MAX 8 aircraft and one 737-800 aircraft on lease from ALC.
Closure represents next step in the Company’s long-term cost and footprint reduction strategies
When complete in early 2020, the Company is expected to save $5 million per year in fixed costs
CHICAGO, July 22, 2019 (GLOBE NEWSWIRE) — FreightCar America, Inc. (RAIL) announced today that it has started the process to permanently close its Roanoke, Virginia manufacturing facility. The Company will retain the necessary workforce to build cars at the facility through November.
“The closure of our Roanoke facility is another next step in our ‘Back to Basics’ strategy as we continue to streamline our manufacturing footprint and match it to our future product offering,” said Jim Meyer, President and Chief Executive Officer of FreightCar America. “Reducing our fixed costs and achieving world-class output from our much larger Shoals facility have always been core pillars of our turnaround strategy.”
Meyer added, “We have spent the last two years building our talent, processes and overall capabilities at Shoals and the plant is now in a position to accept the Roanoke models and volume. This action, when complete in the first half of 2020, is expected to save approximately $5 million per year.”
Meyer concluded, “Our people at Roanoke have consistently performed above all expectations. We are extremely thankful for everything they have given the Company.”
The Company will offer select employees the opportunity to relocate to other parts of the business.
About FreightCar America
FreightCar America, Inc. manufactures a wide range of railroad freight cars, supplies railcar parts and leases freight cars through its FreightCar America Leasing Company subsidiaries. FreightCar America designs and builds high-quality railcars, including bulk commodity cars, covered hopper cars, intermodal and non-intermodal flat cars, mill gondola cars, coil steel cars, boxcars and coal cars. It is headquartered in Chicago, Illinois and has facilities in the following locations: Cherokee, Alabama; Grand Island, Nebraska; Johnstown, Pennsylvania; Roanoke, Virginia; and Shanghai, People’s Republic of China. More information about FreightCar America is available on its website at www.freightcaramerica.com
NEW YORK–(BUSINESS WIRE)– JetBlue (NASDAQ: JBLU) today proudly announced it has been named the number one domestic airline in Travel + Leisure’s World’s Best Awards 2019. Each year, the readers of Travel + Leisure, the largest travel brand in the United States, vote on their favorite airlines, destinations, hotels, and more. Now approaching 20 years of low-fare flying, JetBlue continues to put the customer at the center of the travel experience in ways no airline can match.
“Whether it’s new planes on new routes, our customer comfort and inflight connectivity, or our airport amenities and caring crewmembers, JetBlue strives to lead the industry in every aspect of air travel,” said Joanna Geraghty, JetBlue’s president and chief operating officer. “Honors like this from Travel + Leisure show that the dedication of our 22,000+ crewmembers is truly making a difference in the experiences of our customers each day and we couldn’t be prouder.”
This recognition comes as JetBlue recently took delivery of its first Airbus A321neo aircraft and announced future orders for the A321LR, A321XLR and A220-300 aircraft. Together the aircraft will usher in the next chapter of the JetBlue story with unmatched fuel savings, a best-in-class customer experience from award-winning crewmembers, and the promise to broaden the customer-focused airline’s reach within the Americas and into Europe in the years ahead.
At the same time, JetBlue continues to make significant investments in its current fleet and customer experience through the restyling of its A320 aircraft. JetBlue’s newest Airbus A320 cabin experience officially took flight this spring and introduces a new era of comfort and connectivity to travelers, bringing to the skies the widest seats available for this aircraft and the most legroom in coach of any U.S. airline (a). The refreshed experience also offers an unparalleled inflight entertainment (IFE) experience with 100+ channels of DIRECTV® and hundreds of free movies and shows, expanded coverage of free Fly-Fi® broadband connectivity almost everywhere JetBlue flies (b) and much more.
Additionally, JetBlue continues to expand its award-winning premium Mint experience on cross-country routes and in the Caribbean and Latin America. Currently, the airline operates more than 80 daily Mint flights in 15 JetBlue cities. On most of these routes, JetBlue is the only airline to offer regularly scheduled flights with a lie flat seat, which complements other Mint amenities including tapas-style dining, Hayward and Hopper amenity kits, dessert from local artisanal ice cream makers and award-winning service from hospitality-trained crewmembers.
“For 24 years, our readers have been voting in the Travel + Leisure World’s Best Awards,” said Jacqui Gifford, Editor in Chief, Travel + Leisure. “This annual franchise is a global collection of the top hotels, islands, cities, cruise lines, airlines, and more. Brands and properties from all over the world—from Peru to Japan, India to Italy, and right here at home in the United States—are recognized by our audience because they deliver on exceptional experiences, rooted in a sense of place. I congratulate all of this year’s winners, who have worked so hard to be among the world’s best.”
JetBlue’s honor from Travel + Leisure comes on the heels of JetBlue being named Highest in Customer Satisfaction Among Low Cost Carriers in the J.D. Power 2019 North America Airline Satisfaction Study. The airline has also recently picked up awards for its TrueBlue loyalty program, the JetBlue mobile app and was awarded for “Best Regional Business Class” and Overall “Passenger Comfort” in North America by TripAdvisor.
São José dos Campos, Brazil, June 28, 2019 – Embraer announced today the first delivery of its new Praetor 600 super-midsize business jet to an undisclosed European customer. The delivery ceremony was held at the company’s production facility in São José dos Campos, Brazil, where the first Praetor 600 rolled off the hybrid assembly line that also produces the Legacy 450 and Legacy 500. Assembly of the Praetor 600 will soon also occur at Embraer’s production facility in Melbourne, Florida, where the company has produced more than 360 Phenom and Legacy aircraft since 2011.
“We are thrilled to deliver the first Praetor 600 and we are confident that our customer will be fascinated with the most disruptive and technologically advanced super-midsize business jet to enter the market,” said Michael Amalfitano, President & CEO, Embraer Executive Jets. “The Praetor 600 is certain to create a new value experience for our customers and help them outperform in their business and personal endeavors.”
Announced at NBAA-BACE in October 2018, where it also made its debut, the Praetor 600 was certified in April 2019, just six months after its announcement, becoming the only super-midsize business jet to be certified since 2014.
“The Praetor 600 unleashes the full potential of its platform through industry-leading design, engineering and technology that was yet unseen in the medium cabin class,” said Daniel Moczydlower, Executive Vice President, Embraer Engineering and Technology. “With Embraer’s fourth-generation fly-by-wire technology and more than 25 patented innovations in the interior design and architecture, the Praetor 600 will ensure an industry-exclusive customer experience and raise their expectations of business jets.”
Leading the way, the Praetor 600 is an aircraft of many firsts, including the first super-midsize jet with full fly-by-wire technology, which powers turbulence reduction that not only makes every flight the smoothest but also the most efficient possible.
The Praetor 600 is now the farthest-flying super-midsize jet, able to make nonstop flights between Dubai and London, Paris and New York, São Paulo and Miami. With four passengers and NBAA IFR Reserves, the Praetor 600 has an intercontinental range of 4,018 nautical miles (7,441 km), with the highest payload capacity in its class, and at Mach 0.80, its range is 3,719 nm (6,887 km).
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About the Praetor 600
The Praetor 600 is the most disruptive and technologically advanced aircraft to enter the super-midsize category, delivering the ultimate customer experience with an unparalleled combination of performance, comfort and technology. The Praetor 600 will be the farthest-flying super-midsize business jet, which allows nonstop flights between London and New York. With four passengers and NBAA IFR Reserves, the Praetor 600 will have an intercontinental range of 4,018 nautical miles (7,441 km), with the highest payload capacity in its class, and at Mach 0.80, its range is 3,719 nm (6,887 km).
New York-JFK and Boston Service Begins at Bush Intercontinental October 27, 2019
Airline to Introduce Nonstop Service Between New York-JFK and San José, Costa Rica
JetBlue (JBLU) today announced that the airline’s operations in Houston will relocate from William P. Hobby Airport (HOU) to George Bush Intercontinental Airport (IAH) later this year. The final day of flying at Hobby Airport will be October 26, 2019 and the first day of flying at Bush Intercontinental will be October 27, 2019. JetBlue plans to operate from Bush Intercontinental’s Terminal A.
Recognizing the needs of today’s tech-savvy travelers, Bush Intercontinental is committed to providing customer-focused cutting-edge technology, like interactive visitor kiosks and fast, free Wi-Fi and plenty of outlets and charging stations through the terminal. Bush Intercontinental also features a variety of local food favorites like The Breakfast Club, Cadillac Mexican Kitchen & Tequila Bar and The Hubcap Grill, all found in Terminal A.
JetBlue regularly evaluates network performance, demand and customer feedback to strengthen its focus city strategy. The move to Bush Intercontinental is aimed at strengthening JetBlue’s relevance in New York and Boston, while also growing the carrier’s customer base in Houston where travelers love the airline’s award-winning service and competitive fares to and from the Northeast.
Customers currently booked on JetBlue flights to and from Hobby Airport on or after October 27, 2019 will be automatically rebooked on flights to and from Bush Intercontinental. JetBlue Customer Support will contact travelers in the coming days to confirm the update to their reservations. Customers who wish to do so may also request a full refund on flights scheduled after the transition date.
Connecting Costa Rica with New York-JFK
JetBlue today also announced it will introduce new nonstop service between New York’s John F. Kennedy Airport (JFK) and San José, Costa Rica’s Juan Santamaría International Airport (SJO) beginning November 1, 2019 (a). Service will operate three times weekly on Fridays, Sundays and Tuesdays.
San José – Costa Rica’s capital and largest city – is home to more than 300,000 people and boasts museums, parks, cultural spots, as well as a variety of bars and restaurants. It also serves as a central jumping off point for travelers interested in hiking, visiting rain forests or exploring national parks.
New York-JFK service in San José will complement JetBlue’s daily service between Costa Rica’s capital and the airlines’ focus cities in Fort Lauderdale and Orlando. Additionally, JetBlue also offers nonstop service, including seasonal Mint flights, to Liberia, Costa Rica from the airline’s home at New York-JFK. JetBlue first began serving Costa Rica with San José service more than a decade ago in March 2009.
JetBlue will operate both Houston and San José flights using its Airbus A320 aircraft offering the airline’s award-winning service featuring the most legroom in coach (a); free Fly-Fi, the fastest broadband internet in the sky (b); complimentary and unlimited name-brand snacks and soft drinks; free, live DIRECTV® programming and 100+ channels of SiriusXM® radio at every seat.
About JetBlue Airways
JetBlue is New York’s Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles (Long Beach), Orlando, and San Juan. JetBlue carries more than 42 million customers a year to 100+ cities in the U.S., Caribbean, and Latin America with an average of more than 1,000 daily flights. For more information, please visit jetblue.com.
JetBlue Converts 13 Aircraft in Existing Order Book to the Xtra Long Range Version of Airbus’ Newest, Fuel-Efficient Aircraft to Expand Transatlantic Options
JetBlue Also Exercises Its Option to Take 10 Additional A200-300 Aircraft – Featuring Powerful Combination of Economics and Range – Increasing Total on Order to 70
NEW YORK–(BUSINESS WIRE)– JetBlue (NASDAQ: JBLU) today announced it is converting 13 aircraft in its existing Airbus A321neo order book to the XLR version for delivery scheduled to begin in 2023. The aircraft will support JetBlue’s focus city strategy by allowing the airline to implement further expansion to additional European destinations from Boston and New York, while also providing added fuel efficiency.
“The incredible extended range of the A321XLR allows us to evaluate even more overseas destinations as we think about JetBlue’s expansion into European markets plagued by high premium fares and subpar service,” said Robin Hayes, chief executive officer, JetBlue.
The airline also announced it is exercising its option to add 10 additional A220-300 aircraft to its order with delivery beginning in 2025. Together both aircraft ensure the best financial performance of JetBlue’s fleet, while providing maximum flexibility to execute its network strategy. These aircraft are both game changers in regards to enhancing the airline’s industry-leading customer experience.
“Increasing our firm order for A220 aircraft gives us a valuable tool to support our network strategy in the Americas and continue to build our focus cities with an airplane that offers incredible economics and range,” said Hayes. “Both the XLR and the A220 ensure we remain committed to meeting financial targets with disciplined growth.”
“JetBlue has been pioneering new travel options for passengers for 20 years,” said Christian Scherer, chief commercial officer, Airbus. “By building their future fleet with more A220s and the addition of the A321XLR – the most capable, longest-range aircraft in their categories – JetBlue is signaling a continued commitment to creating new opportunities for people to travel in both comfort and efficiency.”
The A321XLR & Overseas Options
Introduced just this week at the Paris Air Show, the A321XLR is the latest evolution of the A321neo aircraft family and features an extended range of 4,700 nautical miles – some 600 nautical miles more than the A321LR aircraft. The increased flying distance is made possible with an additional rear center tank for more fuel volume. And with 30% lower fuel burn per seat than previous-generation aircraft, JetBlue can maximize the benefits of single-aisle aircraft economics.
“This next generation, low-cost single-aisle platform ensures we are building a fleet that meets and exceeds our financial targets for the next decade and beyond,” said Steve Priest, executive vice president and chief financial officer, JetBlue. “These investments allow us to advance our broader expansion plans but with disciplined, thoughtful growth.”
JetBlue remains focused on delivering earnings per share between $2.50 and $3.00 by 2020. This update to the fleet plan is part of JetBlue’s vision to continue growing its earnings per share beyond 2020.
The A321XLR also allows JetBlue to evaluate new transatlantic options as the airline explores additional destinations it may serve in Europe. The XLR opens up possibilities for service between the northeast U.S. and destinations in south, central and northern Europe.
As announced in April 2019, JetBlue intends to launch service to London from New York-JFK and Boston in 2021 using the A321LR (long range) aircraft. Today’s XLR news builds on the previously announced conversion of 13 A321neos to the A321LR aircraft.
Like London, JetBlue will explore European cities that suffer from high fares or mediocre service and those which are effectively controlled by legacy carriers and their massive joint ventures. JetBlue is developing a reimagined transatlantic version of its premium Mint product, as well as an enhanced transatlantic Core experience for the A321XLR. With both the A321LR, and now the A321XLR, the customer-favorite airline intends lower fares while raising the bar on what travelers can expect from a low-cost carrier when flying across the Atlantic.
The A220 & Continued Growth in the Americas
By exercising its option to add 10 additional A220-300 aircraft to its existing order, JetBlue will grow its total number of A220s on order to 70.
The A220’s spacious and comfortable cabin makes it the perfect fit for JetBlue, which has consistently led U.S. airlines in the onboard experience. The A220’s cabin design offers customers the best inflight experience with wider seats, spacious overhead bins and extra-large windows that offer a great view from the sky and on the ground.
The aircraft’s range and seating capacity will add flexibility to JetBlue’s network strategy as it targets growth in its focus cities, including options to schedule it for transcontinental flying. The aircraft also opens the door to new markets and routes that would have been unprofitable with JetBlue’s existing fleet.
The initial order for 60 A220 aircraft – announced in July 2018 – will be phased in as replacements for JetBlue’s existing fleet of 60 Embraer E190 aircraft.
About JetBlue Airways
JetBlue is New York’s Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles (Long Beach), Orlando, and San Juan. JetBlue carries more than 42 million customers a year to 100+ cities in the U.S., Caribbean, and Latin America with an average of more than 1,000 daily flights. For more information, please visit jetblue.com.
