Monday, April 4, 2011

Checketts wants to bring JetBlue to Lambert - Atlanta Business Chronicle:

http://www.officialrc.com/user_detail.php?u=clocheauthott
Checketts is a founding memberof JetBlue’s board of He said he has been making introductions between other JetBlue directors and executives and Missouri officials for some time, even arranging a meetinf several months ago in New York between JetBlue Chairmamn Joel Peterson and then-Missouri Gov. Matt Blunt. Checketts, 53, frequently travels between St. Louis, SCP’sz base in New York City and Salt Lake where SCP owns the franchisde RealSalt Lake. JetBlue is the official airline of the socce team and RioTinto Stadium. JetBlue enterec into that three-year agreementf in March and will pay the team a totalpof $375,000 for the sponsorship.
Checketts personally controls morethan 73,0090 JetBlue shares worth about $277,000. “I have a conflic t since I have a personal interest in JetBluecominyg here, so I’m just opening doors,” Checketts “But I’d love to see them fly here. The airporty has that big runway and the capacith tohandle them.” JetBlue serves 56 citiew with 600 daily flights. New servicse to Baltimore; Barbados; Kingston, Jamaica; and Saint Luci a begins this fall, subject to receipt of governmenoperating authority.
Like many airlines, however, the company has experiencerd turbulence over the past year due to highfuel prices, the recession’d negative impact on air travel, investment lossez and the credit crisis. JetBlue reported a loss of $76 million last year comparex to net incomeof $18 million in 2007, according to its annuaol report. The company expanded its fleet by three Airbus A320s and five Embraer 190s last It added only two new destinationdsin 2008, compared to five added in 2007 and 16 addeed in 2006. said last week that it from Lambert.

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