Connect with us

Hi, what are you looking for?

Stock

JetBlue talking to ‘multiple airlines’ about a new partnership

JetBlue Airways is talking with “multiple airlines” about a potential new partnership after federal judges struck down two previous deals, the carrier’s president said Wednesday.

“If we find a deal that’s accretive, we’ll absolutely do it,” JetBlue’s president, Marty St. George, said at a Barclays industry conference.

A federal judge in 2023 ruled the New York airline’s partnership in the Northeast with American Airlines was anticompetitive, while a different judge last year blocked JetBlue’s plan to acquire budget carrier Spirit Airlines, which filed for Chapter 11 bankruptcy protection last year.

JetBlue representatives didn’t immediately respond to a request for comment.

JetBlue, which marked its 25th year of flying this month, has been searching for partnerships and deals to grow, contending it must do so to better compete with larger carriers like Delta, American and United.

St. George said a potential tie-up would benefit the company’s loyalty program, noting that customers say the frequent flyer points on JetBlue are not as strong as those of the big three U.S. carriers.

“Given that we really don’t have full global earn and burn, I think to be able to add that to our network would be very, very helpful,” he said.

This post appeared first on NBC NEWS

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    The presidents of Spain’s regional soccer federations are calling for the resignation of Luis Rubiales, the suspended president of the National Football Association, in...

    Latest News

    Luis Rubiales on Sunday resigned from his position as president of the Spanish soccer federation following weeks of fierce criticism over his unwanted kiss...

    Editor's Pick

    When searching for world-class gold deposits, mining companies prefer high-grade, near-surface mineralization. Epithermal gold deposits check these boxes and more. While gold is often...

    Editor's Pick

    Overview A lot can change in two years — just look at Brazil. Best described as a bit player in the lithium space only...