JetBlue ‘on track’ to deliver $250M of cost reductions through 2024

Cost savings will come from structural cost program and accelerated E190 retirements, JetBlue said in comments taken from Q4 earnings conference call presentation slides. The company sees generating $75M in savings from the E190 transition to A220s through 2024, including over $40M through 2023. Expects to maintain $1.5B-$2B of liquidity, or 20% of 2022 revenue. It intends to finance a portion of aircraft deliveries to maintain a healthy liquidity balance.