Jet Blue is realizing the costs of all those formerly new A320's going to C checks. Plus, they are getting challenged quite well, they are not doing well out of Boston, and they just took on a different plane type.
The bloom is off Jet Blue's rose, they gotta come up with some strategy.
Well, sooner or later the airline industry drags all companies down into the pits of despair. But, I disagree that the bloom is off of JetBlue's rose for one significant reason. They don't have the labor problems of the other airlines. As for their being challenged, yes, but not by the dino airlines. They are getting challenged at their own game which is great for the industry.