NEW YORK (Reuters) - JetBlue Airways Corp. said on Tuesday it will use new 100-seat jets to begin up to 10 daily flights between New York and Boston, taking on competitors in a long-established air shuttle service on the same route.
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New York-based JetBlue also said it would use the Embraer 190 planes to start flying from New York's JFK International Airport to Austin, Texas; Nassau, Bahamas; Richmond, Virginia; and West Palm Beach, Florida.
[...]
JetBlue will offer introductory fares of $25 each way on what will be up to 10 flights between the cities, with fares later settling at between $40 and $120 each way, undercutting the established shuttle.
I wouldn't even think they'd be making money off the $40 fares if they truely do settle down to that.
http://news.yahoo.com/s/nm/20051011/us_nm/airlines_jetblue_dc_1
