JetBlue Airways Corporation (JBLU)

JetBlue Airways (Nasdaq: JBLU) today announces an increase from two to four daily nonstop flights from New York's John F. Kennedy International Airport (JFK) to Los Angeles International Airport (LAX) beginning July 1, 2010, providing more options and more value to coast-to-coast travelers. In addition to its LAX service, JetBlue offers the only nonstop service from the East Coast to two other L.A. Basin airports: Burbank and Long Beach.
JetBlue and other LCC, low cost carriers, continue to take market share from the legacy carriers. Being more nimble and operating with a defined fleet, that is a single manufacturer and type, JetBlue can provide superior service with greater profit per available seat mile.

Mar 16 · 12:12:00 PM · Source: Company Press Release
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by Steve Wieczorek