JBLU Deffering ERJ Deliveries

JetBlue is deferring deliveries, slowing the growth of its Embraer ERJ 190 fleet. It already arranged to lease two ERJ 190s to Azul by the end of 2008 and is selling four to Jetscape, which will, in turn be leased to Azul. Azul is JetBlue founder David Neeleman’s new low cost venture in Brazil. Even so, JetBlue is still committed to the ERJ 190 because it has performed so well on its thinner markets, according to Barnes.