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 Airbus A320ceo-family fleet. The New York-based ultra LCC has 130 A320ceos and 63 A321ceos. “Our target has always been to make sure that from a cost-per-maintenance event ...

Subscribe to Access this Entire Article

"JetBlue hits cost-cutting target on maintenance deal" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.