Tuesday, January 27, 2009

JetBlue Airways Corporation (JBLU) Should Be Put on Radar

JetBlue Airways Corporation provides passenger air transportation services in the United States. Founded in 1998, the Company has their headquarters in Forest Hills, New York. Trading on the NASDAQ, the Company created a new airline category, which they based on value, service, and style. JetBlue is America’s first and only airline to offer their proprietary Customer Bill of Rights. They promise meaningful and specific compensation for customers inconvenienced by service disruptions within the Company’s control.

The Company operates approximately 600 daily flights. They serve 51 destinations in 21 states, Puerto Rico, Mexico, and the Caribbean. They have a strong business operational presence in the Boston, Fort Lauderdale, Long Beach, New York, and Washington, D.C. markets. They have a fleet of 104 Airbus A320 aircraft and 30 EMBRAER 190 aircraft.

JetBlue has a reputation for low fares and they offer customers “Lots of Legroom” and super-spacious “Even More Legroom” seats. JetBlue was the first to introduce complimentary in-flight e-mail and instant messaging services on their aircraft “BetaBlue.” With JetBlue, all seats are assigned, all travel is ticketless, all fares are one-way, and the Company never requires an overnight stay by their customers. Via their subsidiary LiveTV, LLC, JetBlue Airways also provides in-flight entertainment systems and data connectivity services including live in-seat satellite television, XM satellite radio service, and cabin surveillance systems.

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