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‘Fly now, pay later’: JetBlue rolls out lay-by scheme

written by Sandy Milne | August 19, 2020

JetBlue A320s on tarmac (Source:JetBlue).

JetBlue customers will be able to fly before paying a single dollar, under a new partnership with New York-based Goldman Sachs.

The low-cost carrier – which has recently made headlines for achieving carbon neutrality across its domestic network – began trialling its MarcusPay option to recreational travellers in April.

However, this feature is now available to all customers purchasing flights or packages that cost between US$750 and US$10,000, in a bid to stimulate bookings amid a troubled travel sector.

Flight values are to be repaid over 12 to 18 months at a fixed interest rate of 10.99 per cent to 25.99 per cent.

JetBlue’s president of travel products, Andres Barry, said the initiative brings both flexibility and simplicity to the booking process.

“JetBlue is excited to be the inaugural partner for MarcusPay and provide our customers with an additional way to finance their trips, when the time is right,” said Barry. 

“Marcus by Goldman Sachs and their latest offering is part of a transparent customer journey. Customers lock in a fixed rate and the opportunity to pay over time, removing some of the hassle and added costs of planning a vacation.”

JetBlue has also recently announced the delay of its European debut, which has been pushed back until at least September 2021.

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