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MONEY & COMPANY:
American, JetBlue launch first phase of partnership even as investigations continue


SUBMIT IMAGE: American Airlines traveler aircrafts crowd a runway where they are parked due to flight decreases to slow the spread of coronavirus illness (COVID-19), at Tulsa International Airport in Tulsa, Oklahoma, U.S. March 23, 2020. REUTERS/Nick Oxford/File Picture

February 18, 2021

By Tracy Rucinski

(Reuters) – American Airlines Group Inc and JetBlue Airways Corp stated on Thursday they are releasing the first phase of their partnership with codeshares on almost 80 paths from New york city and Boston.

The joint statement came even as the U.S. Department of Justice and chief law officers in New york city, Massachusetts and other jurisdictions continue to evaluate the proposed tie-up.

“American and JetBlue intend to cooperate with those investigations, but are proceeding with plans to implement this alliance,” American stated on Wednesday.

New York-based low-priced provider JetBlue and global significant American are hoping the partnership, revealed in July, will provide more competitive heft in the U.S. Northeast as the market recuperates from the coronavirus pandemic, which has actually annihilated travel.

“The alliance is also essential to getting our planes back in the air profitably and crewmembers working again,” stated JetBlue’s head of profits preparation, Scott Laurence.

The 2 airline companies are likewise presenting 33 brand-new paths in the first phase of their alliance, which American’s chief profits officer, Vasu Raja, called “the first step to delivering the best customer proposition with the biggest network in New York and Boston.”

Codesharing permits tourists to book with one airline company for flights run by a partner. The 2 airline companies will likewise start using mutual advantages on their commitment programs this spring.

Following a U.S. Department of Transport evaluation, American and JetBlue consented to divest some slots at John F. Kennedy International Airport in New York City and Ronald Reagan Washington National Airport (DCA) near Washington and will avoid collaborating on some markets.

JetBlue pilots voted previously today to turn down a tentative contract that would have provided the airline company legal relief to execute the partnership. JetBlue stated it still prepared to move on.

(Reporting by Tracy Rucinski; modifying by Jonathan Oatis)

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MONEY & BUSINESS: American, JetBlue launch first phase of partnership even as investigations continue

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