JetBlue Comes In Last For On-Time Arrivals: Why Investors Should Be Concerned
- JetBlue’s on-time performance for July was 65.8%. With a third of all flights arriving late, operational efficiency and reliability have certainly been affected, along with the bottom line.
- Unlike low-costs carriers Southwest Airlines and Allegiant Air, all of jetBlue’s hubs are large, congested airports. This could impact the company’s prospects for growth.
- More airplanes are on order, so one has to ask the question – is this a good idea? Can jetBlue manage another 136 aircraft?