We often hear that very successful US upstart airline JetBlue pays either only a fraction of "normal" lease rate (whatever "normal" is at a heavily subsidized manufacturer) or nothing, YET, for its A-320s.
Apparently, the founder/CEO was interviewed on tv about this and other facts. When Mr. Neeleman was asked about the outlook when much higher payments are soon made to Airbus, he reportedly made no response at all.
What is the true story? And does Wall Street have its head in the sand on this issue? Does JetBlue's stock price already reflect this very sharp increase in operating costs for the near future?
Airbubba-any info available?
Wino - ?