- JetBlue's (JBLU -0.6%) policy of cancelling flights earlier than peers is a win-win proposition between travelers and investors, according to a study by Reuters.
- The airliner canceled more flights twelve or more hours before their scheduled departure time than other major carriers, but less flights overall as planes and crews were re-allocated adroitly.
- The policy also helps JetBlue on its bottom line with the airline giving out less refunds and filling planes at a higher rate.
- JetBlue's YTD load factor of 84.3% is solid given the tough weather months in key Northeast markets.