When JetBlue announced the Embraer order, I said JetBlue was on its way down. This just confirms what I said. David R ----- Original Message ----- From: "Roger & Amanda La France" <lafrance@xxxxxxxxxxx> To: <AIRLINE@xxxxxxxxxxxxxxxxx> Sent: Wednesday, February 11, 2004 15:51 Subject: [AIRLINE] Media and investors see flaws in JetBlue strategy Media and investors see flaws in JetBlue strategy BusinessWeek and FORTUNE magazines printed articles this week that cast doubt on JetBlue's (B6) business strategy. The BusinessWeek article is entitled "Is JetBlue's Flight Plan Flawed? - Miscalculations, cutthroat competition. CEO David Neeleman faces tough challenges to keep the airline on the ascent." The stories reported that B6's fleet of Airbus planes will eventually require expensive maintenance, and the airline underestimates what that will cost. B6 recently lost a showdown with Delta Air Lines when it tried to expand into the Atlanta - Los Angeles market. "That was a symbolically important blow because it proved that the majors could beat JetBlue at its own game," Teal Group analyst Richard Aboulafia told FORTUNE magazine.