JetBlue to postpone delivery of 21 Airbus A320 Aircraft

JetBlue Airways plans to defer 21 Airbus A320 aircraft originally scheduled for delivery between 2009 through 2011 to 2014 through 2015. “In the face of escalating fuel costs, we believe it is essential to take a more financially conservative approach to managing our business,” said Dave Barger, JetBlue’s CEO. “The aircraft deferrals will help us further moderate our growth rate in 2009 and beyond, which will enhance liquidity and defer future debt obligations.”