Airline Maniac

In the last week, two major low-cost carriers deferred many of their future aircraft deliveries.

On May 27, Jetblue Airways announced that it was deferring delivery of 21 Airbus A320’s. The aircraft are now scheduled to be delivered between 2014 and 2015. For 2008,  Jetblue plans small growth around 4%.

Three days later, on May 30, Airtran Airways released a similar announcement. In Airtran’s press release, they deferred 18 Boeing 737 aircraft. The new aircraft are now seeing delivery dates in 2013 and 2014. Airtran plans to maintain flat growth through at least 2009.

With the airline industry sinking each day due to fuel costs, it is likely that many other carriers will catch on and defer aircraft deliveries themselves.  Look for a lot less planes in the sky soon!

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