JetBlue CEO: Expect More Mint Markets Next Year

JetBlue Airways Corporation JBLU declared better than expected first-quarter results on Tuesday. EPS for the company came at $0.40, significantly above  $0.01 it posted for the same quarter last year and above $0.39 that the analysts had estimated.

JetBlue CEO Robin Hayes was on CNBC recently to discuss the company’s performance.

Strong Revenue Performance

“We have a very strong network,” Hayes said. “So, we have our 6 focus cities New York, Boston, Fort Lauderdale, Orlando, Long Beach and San Juan and they are all performing extremely well. In addition to that our revenue management team have done an amazing job.”

He continued, “And I think some of the product investments we made like Fly-Fi and our new 321 product and Mint, I think all those things have come together to give us a very strong revenue performance.”

More Mint Markets

Hayes was asked about the performance of company’s new service Mint and whether there are plans to ramp it up to other locations. He replied, “We are so ecstatic about how well Mint has done and we have started with JFK, LAX, we added San Francisco, we announced Barbados and Aruba for this winter. And we are evaluating new markets now I mean I have said before that I think there’s markets like Boston-San Francisco, Boston-LAX could do really well.”

“We have made no final decision on that, but we will soon. But I think based on how well Mint has done [though] we should expect more Mint markets as we [get] into next year,” Hayes concluded.