Thursday, August 2, 2012

Checketts wants to bring JetBlue to Lambert - The Business Review (Albany):

fugycyquwod.blogspot.com
Checketts is a founding memberof JetBlue’se board of directors. He said he has been makinv introductions between other JetBlue directors and executives and Missourui officials forsome time, even arranging a meeting severapl months ago in New York between JetBlue Chairman Joel Petersobn and then-Missouri Gov. Matt Blunt. Checketts, 53, frequentlu travels between St. Louis, SCP’s base in New York City and Salt Lake where SCP owns the franchis RealSalt Lake. JetBlue is the officialo airline of the soccer team and RioTinto Stadium.
JetBlue entered into that three-year agreement in March and will pay the team a totaloof $375,000 for the Checketts personally controls more than 73,00o JetBlue shares worth about “I have a conflict since I have a personapl interest in JetBlue coming here, so I’m just openin g doors,” Checketts said. “But I’ d love to see them fly The airport has that big runwayu and the capacity tohandlr them.” JetBlue serves 56 cities with 600 dailhy flights. New service to Baltimore; Barbados; Jamaica; and Saint Lucia begins this fall, subject to receipt of governmengoperating authority.
Like many airlines, however, the company has experienced turbulencse over the past year due to highfuel prices, the recession’es negative impact on air travel, investment losses and the credit crisis. JetBlue reported a loss of $76 million last year compared to net incomeof $18 milliohn in 2007, according to its annual The company expanded its fleet by thred Airbus A320s and five Embrae r 190s last year. It addedd only two new destinationsin 2008, comparee to five added in 2007 and 16 addexd in 2006.
said last week that it from

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