The carrier has significantly lowered its guidance for full-year capacity versus 2019.
In addition to relieving some pressure on staffing, lowering the airline’s planned utilization will also reserve more aircraft for spares, reducing the impact of maintenance-related delays and cancellations.
Besides trimming capacity, JetBlue is taking a number of actions to ramp up hiring and enhance the integrity of its schedule this summer. The airline is accelerating hiring efforts—including plans to staff 5,000 employees in New York City this summer—while working through a backlog of pilot training and re-certification flights that was made worse by the omicron variant disruptions.
Despite its hiring efforts, JetBlue is suffering an elevated attrition rate as many of its pilots go off to work at large legacy airlines that offer more pay. CEO Robin Hayes said management will have to “plan more conservatively” about the future rate of pilot attrition, an indication that he does not expect the issue to go away soon. He added that industry-wide structural changes, including a convergence in pilot salaries across large airlines, less system capacity growth and lower aircraft utilization are likely to occur as a result of the continued pilot deficit in coming years.
One factor that could potentially help alleviate JetBlue’s pilot attrition woes would be a successful merger with Spirit Airlines, Hayes said. “We believe the JetBlue and Spirit merger would allow us to supercharge and accelerate that organic plan and bring in a large group of pilots, creating a bigger destination carrier with more growth opportunities, and potentially reducing attrition,” he added.