JetBlue Airways, facing rising maintenance costs driven by an aging fleet of Airbus A320 aircraft delivered in the mid-2000s, says it sold six spare engines in the second quarter and replaced them with new engines acquired in 2012 and late 2011. “We may continue to opportunistically bend the engine maintenance cost curve by selling other older engines in the future,” CFO Mark Powers said during the New York-based airline’s second-quarter earnings conference call. Power said the airline ...
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