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.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on JBLU:
