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    JetBlue CEO Says Will Be Flying 23 Flights A Day From LB Airport By May, 2003

    (January 30, 2003) -- In a question and answer period during a 4th quarter earnings conference call today, JetBlue Airways CEO David Neeleman told investors the carrier will be flying 23 flights a day from LB Airport by May, 2003.

    During the event, which was webcast, web posted [comment: well done; excellent use of the internet] and accessed by, Mr. Neeleman responded to a question asking how much additional growth the airline could expect to manage at LB (speech is extemporaneous):

    Mr. Neeleman: ...As far as Long Beach goes, you know we're more constrained by slots than we are gates out there obviously. You know, we only have the, we're only utilizing today, we will be by May, 23 flights a day out of there based on the 27 slots that we bargained for so, that's pretty well, now we can take some short haul flying out of there and put 'em into long haul, so we do have ability to grow that on an ASM [available seat mile] basis but not on a flight departure basis, but the facility works great for us now and, you know with the counter space and the hold room space and all that, it works just fine.

    Q: OK, and the shift from short to long haul, or gradual migration, that would be a midyear event then?

    Mr. Neeleman: Yeah, by this summer we're going to see some additional New York flights, you know additional Washington and a new city out of there too so, possibly, and so it's more of a medium range, so we've got some shifts going on there that we'll be announcing shortly.

    Q: A new city for Long Beach or JetBlue?

    Mr. Neeleman: No, or for Long Beach or JetBlue, I can't tell you which one (laughter). It could be either/or (laughter).

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