JetBlue Exceeds Second Quarter Expectations After Tweaking Growth Strategy
Skift Take
JetBlue pulled back on its growth plans earlier this year, focusing instead on rolling out its improved Mint product. It seems to have paid off and the airline will be opportunistic about growing its fleet going forward.
After slowing its capacity growth and mulling a decision on buying new Airbus A321LR planes, JetBlue Airways posted strong results in the second quarter of 2017.
The airline exceeded its revenue expectations, with total operational revenue up 12.1 percent compared to Q2 2016, and plans to the continue the expansion of its new premium Mint seats to up to 20 routes.
"Our strategy of targeted growth continues," said Marty St. George, JetBlue's executive vice president of commercial and planning, on the company's earnings call
