) has introduced daily nonstop flights between Fort
Lauderdale-Hollywood International Airport (FLL) and Juan
Santamaria International Airport in San Jose, Costa Rica. Landing
in San Jose will fortify the airlines' foothold in South Florida
as well as provide more travel options.
Prior to this, JetBlue launched a daily nonstop service between
Fort Lauderdale and Jose Maria Cordova International Airport in
Medellin, Colombia. Through this new route, flyers from Medellin
can easily access destinations in the United States and the
Caribbean including: Austin, Texas; Boston, MA; New York, NY (JFK
and LaGuardia); Newark, NJ and Raleigh-Durham, NC.
The company will operate the both the services through the
150-seat Airbus A320 fleet that has additional features including
comfortable seating arrangement, complimentary and unlimited
branded snacks and drinks, and extra more legroom.
JetBlue continues to successfully expand its network footprint in
major growth regions of Caribbean and Latin America - that
comprise almost one-third of the company's total network. For the
years ahead, the company expects the Latin American market to
drive its growth momentum. We believe adding on new routes
enhances JetBlue's growth and strengthens its network against
other group members.
Apart from itinerary expansion, JetBlue is involved in a number
of strategic initiatives for performance enhancement. These
include schedule redesigning, cost control measures, optimization
of unit revenues, capital expenditure management and disciplined
growth. The carrier continues to focus on achieving long-term
sustainable growth, as it is the only non-unionized airline in
the industry with the flexibility to manage cost structure.
JetBlue - which operates with the likes of
United Continental Holdings Inc.
Delta Air Lines Inc.
Southwest Airlines Co.
) - currently carries a Zacks Rank #4 (Sell).
We remain apprehensive that unstable economic conditions across
the globe, competitive threats, rising fuel price and regulatory
issues will continue to weigh on the company.
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