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Another Gamble for JetBlue

Stock quotes in this article: JBLU , ALK , AAI , FRNT , LUV  

Once again, JetBlue Airways (JBLU Quote) is going against the grain in the airline industry.

It was JetBlue that made Kennedy International Airport work, when nobody thought it would. JetBlue said amenities belong in coach class, not just in first class. Now, JetBlue is focused on operating two aircraft types, when most other medium-sized carriers are scrambling to operate just one.

Previously committed to growing with a fleet of Airbus 320s seating 156 passengers, JetBlue now says it will sell two to five of its 89 A320s and defer deliveries of 12 more. Because high fuel prices have a big impact on its long-haul routes, the carrier wants to reduce flights from its hub at New York's Kennedy to Florida and the West Coast. ...

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