JetBlue Airways
Headquarters:
118-29 Queens Blvd.
Forest Hills, NY 11375
Employees: 9,421
President: Dave Barger
Stock Symbol: JBLU
Website: http://www.jetblue.com
Career Page
JetBlue is one of the nation's leading
low-cost airlines and is based out of New York's JFK Airport.
JetBlue flies up to 550 flights a day to
53 cities including all three NYC airports. In five years, the
company has become the biggest airline serving JFK and specializes
in non-stop trips from New York to the West Coast and Florida.
New service to St. Maarten and Puerto Plata
begins in January 2008.
Low-cost doesn't mean lack of service.
JetBlue flies all-new Airbus A-320 and Embraer 190 aircraft with
leather seats and is the only airline to have free DIRECTV satellite
programming on the back of every seat with 36
channels. DIRECTV is not offered on flights outside of the
continental U.S. XM Satellite Radio is also offered on every
seat.
In November, JetBlue announced deals to
sell tickets for the first time on top travel sites Travelocity,
Orbitz and Priceline.
Lufthansa purchased a 19 percent ownership
interest in JetBlue in 2007.
JetBlue's A320 aircraft have a single-class
configuration of 156 seats, while the EMBRAER 190 has a single-class
configuration of 100 seats.
In February, the company unveiled a Customer
Bill of Rights following an ice storm in NYC that grounded hundreds
of flights and forced passengers to wait on planes for up to
8 hours. Founder David Neeleman was replaced as CEO by Dave Barger.
In 2007, the company reported revenues
of $2.84 billion, a 20% increase, and net income of $18 million.
The company reported its first full-year profit since 2004.
History
JetBlue Airways launched on February 11,
2000 with the inauguration of service between New York City's
John F. Kennedy Airport and Fort Lauderdale, FL.
JetBlue's origins date back to 1993, when
CEO David Neeleman sold his first airline, Salt-Lake City based
Morris Air, to Southwest Airlines. It was as a founder and President
of Morris Air that Neeleman proved that innovative, high-quality
airline service coupled with low fares will attract a strong
and loyal market.
Following the sale of Morris Air, Neeleman
went on to help launch WestJet, a successful Canadian low-fare
carrier, and to develop the e-ticketing system he had implemented
at Morris Air into Open Skies, the world's simplest airline reservation
system. Neeleman sold Open Skies to Hewlett Packard in 1999.
With three successful aviation businesses
under his belt, Neeleman decided the time was right to bring
his airline formula to the world's largest aviation market, New
York City. In July 1999, having secured a hand-picked management
team and $130 million in capital funding from investors such
as Weston Presidio Capital, George Soros and Chase Capital, Neeleman
surprised the aviation industry with the announcement of his
plan to launch a new airline that would bring "humanity
back to air travel."
Benefits
Most benefits begin on the first of the
month following the date of hire.
Medical Insurance
- If you are a full-time crewmember, medical coverage is offered
to you and your eligible dependents through a preferred provider
organization (PPO).
- You may use any doctor or facility you wish - there is no gatekeeper
and no referral required to see a specialist. However, the plan
will pay more if you use an in-network provider.
- Part-time employees are offered a traditional indemnity medical
plan.
Dental Insurance
- JetBlue offers a dental plan to all crewmembers.
- Under the dental plan, you may see the dentist of your choice;
however, the plan will pay more if you use an in-network provider.
- The plan includes orthodontic services for children.
Vision Insurance
- JetBlue offers a voluntary vision plan to all crewmembers.
- The plan provides for an exam, lenses every 12 months and frames
every 24 months.
- Contact lenses are also covered.
- You may see the vision provider of your choice; however, the
plan will pay more if you use an in-network provider.
Group Legal
- JetBlue offers participants in this plan to access to a nationwide
network of experienced attorneys.
- A variety of services available at an affordable price include
assistance with bankruptcy, living trusts and wills, estate planning
and purchase, sale or refinancing of your home.
Flexible Spending
- JetBlue offers two flexible spending accounts to defer health
care and dependent care expenses with tax-free dollars.
- You can contribute to one or both accounts. Participation is
entirely voluntary, and you don't need to be enrolled in the
JetBlue plans to participate.
Life Insurance
- JetBlue pays for basic life and AD&D insurance for all
qualified crewmembers.
- The amount of coverage depends on your job classification.
- You can purchase additional supplemental coverage up to six
times your annual salary up to a plan maximum.
- Coverage is also available for your spouse and dependent children.
Short-Term Disability Insurance
- If you live in New York, California or Puerto Rico, you are
eligible for coverage under the government-regulated disability
plan for your area.
- If you live in another location, you can purchase short-term
disability coverage that pays a benefit equal to 60% of your
weekly base pay up to a plan maximum.
- Coverage is available for all qualified crewmembers.
Long-Term Disability Insurance
- Coverage is provided for all full-time crewmembers and begins
on your date of hire.
- The plan pays 60% of your monthly base pay up to a plan maximum.
401(k) Investment Plan
- The plan lets you save any percentage of your pay in pre-tax
dollars.
- JetBlue will match the first 3% that you save dollar for dollar.
- You choose how to invest your account among 21 funds.
- Matching contributions to your account vest over five years.
Profit-Sharing
- Any profit sharing contributions are made once a year and are
fully vested as soon as they go into your account.
- The profit sharing contribution for 2003 was 17% of pay.
Stock Purchase Plan
- The plan allows crewmembers to buy shares of company stock
through payroll deduction every six months at 15% off the fair
market value.
Paid Time Off
- The Paid Time Off (PTO) plan combines vacation, sick leave
and holiday pay into a single bank of time for maximum flexibility.
- You begin earning time on your date of hire and can use your
PTO after three months on the job.
Flight Benefits
- You and your immediate family members are eligible for unlimited
stand-by on JetBlue flights and passes on partner airlines.
- Your designated buddy or significant other may also be eligible.
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