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JETBLUE AIRWAYS: Launching Santo Domingo Service on March 6
JetBlue Airways Corp. told Dominican Today that it will launch its Orlando-Santo Domingo service on March 6, 2008.
Dominican Today relates that JetBlue Airways had said it would expand its Orlando International Airport service. It will also start daily nonstop flights from Orlando to Cancun on March 13.
JetBlue Airways told Dominican Today that it will extend previously seasonal service on two Orlando routes to year-round service:
-- Orlando to/from Burlington, Vermont; and -- Orlando to/from Portland, Maine.
According to Dominican Today, JetBlue Airways will launch its Orlando-Bogota, Colombia, flights later in 2008. It is awaiting authorization from the U.S. Department of Transportation. JetBlue Airways told Dominican Today that the Orlando-Bogota flight would be Central Florida's sole nonstop service to South America.
Headquartered in Forest Hills, New York, JetBlue Airways (Nasdaq:JBLU) -- http://www.jetblue.com/ -- is a passenger airline that provides customer service on point-to-point routes. As of Feb. 14, 2007, JetBlue operated approximately 502 daily flights. The company serves 50 destinations in 21 states, Puerto Rico, Mexico and the Caribbean. The company operates a fleet of 98 Airbus A320 and 23 Embraer 190 aircrafts. The company's operations primarily consists of transporting passengers on its aircraft, with domestic United States operations, including Puerto Rico, accounting for approximately 97.1% of its capacity during the year ended Dec. 31, 2006.
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As reported in the Troubled Company Reporter-Latin America on Aug. 15, 2007, Fitch Ratings affirmed these debt ratings of JetBlue Airways Corp.: issuer default rating at 'B'; and senior unsecured convertible notes at 'CCC' with a recovery rating of 'RR6'. Fitch said the rating outlook is stable.
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