{"id":413421,"date":"2021-01-12T14:17:42","date_gmt":"2021-01-12T19:17:42","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=413421"},"modified":"2021-01-12T14:17:42","modified_gmt":"2021-01-12T19:17:42","slug":"jetblue-and-american-airlines-advance-strategic-alliance-following-regulatory-review","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/jetblue-and-american-airlines-advance-strategic-alliance-following-regulatory-review\/","title":{"rendered":"JetBlue and American Airlines Advance Strategic Alliance Following Regulatory Review"},"content":{"rendered":"

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JetBlue and American Airlines Advance Strategic Alliance Following Regulatory Review<\/b><\/p>\n

Airlines to begin introducing key elements of alliance in first quarter 2021<\/i><\/p>\n

NEW YORK & FORT WORTH, Texas–(BUSINESS WIRE<\/a>)–
\nJetBlue (NASDAQ: JBLU) and American Airlines Group Inc. (NASDAQ: AAL) today announced their strategic alliance is moving ahead following review by the Department of Transportation (DOT). Both carriers will begin implementing key aspects of this innovative and customer-focused alliance in phases, offering more seamless connectivity and better travel choices on routes to and from New York (JFK, LGA and EWR) and Boston (BOS). The carriers also expect this alliance will accelerate each airline\u2019s recovery from the pandemic as customers are attracted to the expansion of options and enhanced service.\n<\/p>\n

\n\u201cDue to the COVID crisis, I fought for and delivered over $40 billion in payroll support to the airlines and its workers to keep the industry from collapsing and prevent massive job loss,\u201d said incoming Senate Majority Leader Chuck Schumer (D-NY). \u201cI am glad to see JetBlue and American Airlines collaborating on innovative solutions to save thousands more jobs in a way that also expands New Yorkers\u2019 travel options.\u201d\n<\/p>\n

\n\u201cThrough this alliance, we are one step closer to bringing customers even more competition in the Northeast, especially on routes currently served by only one airline with high fares and poor service,\u201d said Scott Laurence, head of revenue and planning at JetBlue. \u201cCustomers who love the JetBlue experience can look forward to significant growth at LaGuardia and similarly up to 70 daily flights at Newark, as well as seamless connections onto American\u2019s long-haul network in and out of New York and Boston.\u201d\n<\/p>\n

\n\u201cWith this alliance, American and JetBlue will operate the biggest network for our customers in the Northeast, which will allow American to grow our mainline operations as we recover from the pandemic,\u201d said Vasu Raja, American\u2019s Chief Revenue Officer. \u201cWe are already planning to launch new international routes to Athens and Tel Aviv this summer, which are just two of many new routes we plan to launch.\u201d\n<\/p>\n

\nImportant components of the alliance will be introduced starting in the first quarter of 2021 and phased in over the course of the year:\n<\/p>\n