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 ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "JetBlue Sells Older Engines, Mentions A320 Delivery Concerns".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.