JetBlue hits cost-cutting target on maintenance deal

Credit: Rob Finlayson
A new contract with MTU Maintenance for IAE V2500 overhauls has helped JetBlue Airways hit its long-term goal of cutting at least $250 million from its annual costs by 2020. The 13-year agreement, announced July 23, covers JetBlue’s older, or “pre-Select,” V2500-A5s that power about half of its...

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