In a move that cannot be seen as all that surprising to anyone, JetBlue has deferred delivery of 21 A320s that they were supposed to take delivery of in the next three years. The delivery dates were pushed out 4-5 years
per the company press release.
"In the face of escalating fuel costs, we believe it is essential to take a more financially conservative approach to managing our business," said Dave Barger, JetBlue's CEO. "The aircraft deferrals we announced today will help us further moderate our growth rate in 2009 and beyond, which will enhance liquidity and defer future debt obligations.