JetBlue Airways announced plans to optimize its fleet, including:

* Deferral of 24 EMBRAER 190 aircraft from 2014-2018 to 2020-2022, reducing capital expenditures over the near term.
* Conversion of 18 Airbus A320 positions to A321s, better matching capacity with growing network demand in key markets while reducing unit costs.
* An incremental order for 15 A321ceo and 20 A321neo aircraft, providing increased fleet flexibility and offering up to 15 percent in fuel burn savings.
* Sharklet retrofit of up to 110 Airbus A320s in current fleet beginning in 2015.

"We believe these fleet changes will provide increased ability to match capacity and demand throughout our network and reduce costs, leading to improved shareholder returns over the long term," said JetBlue President and CEO Dave Barger.

As a result of the fleet adjustments noted above, JetBlue will optimize its EMBRAER 190 fleet to approximately 60 aircraft in the near term.

"While the E190 is critical to our continued success in Boston and San Juan, we are now at the point where our network growth calls for larger gauge aircraft," Mr. Barger said