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Press Release

New York's Senator
CHARLES E. SCHUMER

FOR IMMEDIATE RELEASE
CONTACT:
Phil Singer


SCHUMER: "THE ERA OF SKY HIGH AIRFARES IN SYRACUSE IS OVER"

Senator introduces JetBlue to Syracuse after flying carrier's inaugural flight, says Central New Yorkers can expect dramatically lower fares, better service

JetBlue's arrival fulfills Schumer pledge to bring low-cost carrier to Syracuse, Rochester and Buffalo by August 2001

US Senator Charles E. Schumer today introduced low-cost carrier JetBlue Airways to Syracuse after flying the carrier's inaugural flight from John F. Kennedy Airport to Hancock International Airport. The airline's arrival fulfills Schumer's pledge to deliver low-cost service to Syracuse, Buffalo and Rochester by August 2001.

At a news conference today following the inaugural flight, Schumer said that Syracuse would soon see the same lower fares and improved service that Buffalo and Rochester have enjoyed since JetBlue began servicing those cities. Schumer made the following statement at the event:

"After months of anticipation, the big day is finally here: Jet Blue is going to start flying out of Syracuse. After years of suffering with some of the highest airfares in the country, we can now say conclusively that the era of sky high airfares in Syracuse is over.

"And it's not just the end of high airfares. Today the best, the newest, the most advanced, and the most affordable airline in the nation is going to start servicing Central New York.

"Starting today, Syracuse joins Rochester and Buffalo in boasting a top of the line air carrier befitting a city of its size and importance.

"With today's inaugural flight, relief is in sight for consumers who have been treated shabbily due to the monopolistic power of existing airlines because good old-fashioned competition is going to bring prices down. "And unlike other airlines which have tried and failed to take on the big boys, JetBlue is succeeding because it has the capital to compete. It's financed with $140 million in capital from financial powers like Chase Manhattan and George Soros.

"It has the financial power to keep going when the big boys try to elbow her out by predatory pricing or other unfair techniques.

"But even more important than the benefits for consumers, today's announcement is a turning point for Syracuse and Central New York, because reasonable airfares will fill in a critical missing piece of the economic puzzle.

"In today's fast-paced economy, a region cannot succeed unless it is connected to the world. Our sky high airfares have made it difficult for Syracuse to be connected to the business hubs of America and the world.

"One of the first questions that new high tech companies ask is how frequent and how reasonably priced is air travel in the region. For the first time in a long time we will be able to say that Syracuse is able to compete with other regions. For the first time, businesses will not be saddled with thousands of dollars in extra travel costs.

"The laws of economics prove that where there is a vacuum, an entrepreneurial willing to take a risk will fill it.

"I have always said that I would support any airline which would promise decent, affordable airfares to those who have suffered through monopoly prices. JetBlue made that promise and is living up to it.

"I want to salute David Neeleman for recognizing a great business opportunity, for recognizing that Upstate has been poorly served by the stodgy air carriers that have charged exorbitant fares, and for filling the niche with a top quality service that will really make a difference here.

"David has proven for the third time that he is a man of his word by bringing JetBlue to Syracuse and has now fulfilled his pledge to bring affordable air service to Buffalo, Rochester and Syracuse within 18 months of JetBlue's launch. And he's done it months ahead of schedule.

"I also want to thank all the other local officials who have worked day and night to make this day possible.

"I love visiting Syracuse. Now I will love flying to Syracuse. And I will be flying JetBlue to Central New York plenty of times this year."

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