JetBlue to focus growth on Boston and the Caribbean

Washington DC
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New York-based JetBlue expects to grow its presence even further in Boston, Latin America and the Caribbean in the coming years.

Boston is currently one of JetBlue's six focus cities, which recently welcomed San Juan, Puerto Rico as an addition.

The carrier's chief financial officer Mark Powers says today at the Dahlman Rose Global Transportation Conference that JetBlue is aiming to grow its current 100 daily flights out of Boston to about 150 in 2015.

"It is a terrific focus city for us and operated as such," he adds.

Over the last five years, JetBlue has grown its seat share in Boston to 23% as of the second quarter this year, compared with 12% in the second quarter of 2007, says Powers. Other airlines, such as Delta Air Lines, American Airlines and US Airways, have instead shrunk their share in the same period, he adds.

Latin America and the Caribbean will also feature strongly in JetBlue's future growth, says Powers. While he declines to name future planned focus cities for the airline, he says: "The focus area will largely be the Caribbean and Boston."

JetBlue's daily departures out of Latin America and the Caribbean have grown to 180 in the second quarter of 2012 from 60 in the second quarter of 2008. It is currently the largest carrier in the Dominican Republic and Puerto Rico, says Powers.

The airline is set to receive its first four Airbus A321s in the fourth quarter next year, which will help JetBlue serve the high density routes in its focus cities, he adds. The airline currently operates Airbus A320s and Embraer 190s. It has 30 A321s and 40 A320neos on order.