JetBlue Airways Takes $6.1M IT Charge

 
 
By Larry Dignan  |  Posted 2006-02-13 Email Print this article Print
 
 
 
 
 
 
 

JetBlue Airways reported a $42.4 million fourth-quarter loss, $6.1 million of which was due to an unimplemented inventory tracking system.

JetBlue Airways reported a $42.4 million fourth-quarter loss, and $6.1 million of that sum was due to "development costs related to a maintenance and inventory tracking system that will not be implemented."

The system in question was provided by aviation software company Visaer, according to Todd Thompson, CIO of JetBlue. The company in a statement said the system was shelved due to "implementation challenges."

The airline plans to use its current maintenance and engineering system in the meantime.

Check out eWEEK.coms for the latest news, reviews and analysis on IT management from CIOInsight.com.
 
 
 
 
Business Editor
ldignan@ziffdavisenterprise.com
Larry formerly served as the East Coast news editor and Finance Editor at CNET News.com. Prior to that, he was editor of Ziff Davis Inter@ctive Investor, which was, according to Barron's, a Top-10 financial site in the late 1990s. Larry has covered the technology and financial services industry since 1995, publishing articles in WallStreetWeek.com, Inter@ctive Week, The New York Times, and Financial Planning magazine. He's a graduate of the Columbia School of Journalism.
 
 
 
 
 
 
 

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