JetBlue Airways Corporation (NASDAQ:JBLU) Seeks Codeshare Agreement With Singapore Airlines

1192

Dallas, Texas 05/30/2014 (FINANCIALSTRENDS) – JetBlue Airways Corporation (NASDAQ:JBLU) continues with development of the company’s roster of global codeshare partners, and it has announced that it is waiting for regulatory approval for the codeshare passenger-sharing-pact with Singapore Airlines. These carriers already had their interline pact which among other things, had allowed these airlines to handle bags of the other’s fliers. But if this particular pact is approved, it would then allow much deeper ties between these carriers.

The pact

The codeshare pact allows the airlines to sell their connecting seats on the itineraries that involve both the airlines. For example, a JBLU customer would then be able to book one ticket from JBLU to fly from NY to SF on JetBlue & then connect to the onward Singapore Airlines flight straight to Hong Kong. JetBlue Airways Corporation (NASDAQ:JBLU) pledges that this expanded partnership would then provide the customers seamless connections between these 2 airlines, combining the flights on both the carriers and very easily facilitating 1-stop ticketing & baggage check-in. Both the carriers are saying that their codeshare flights will then become available for booking at both the airlines once the regulatory approval has come in.

The other partners

Under this proposed codeshare, JetBlue Airways Corporation (NASDAQ:JBLU) customers would then gain access to 5 of the Singapore Airlines destinations in Europe & Asia. The customers of Singapore Airlines would then gain access to 16 of JBLU’s U.S. destinations. This move comes even as JBLU has very aggressively expanded the list of partners. If this agreement receives approval, then Singapore would become the 5th new codeshare-partner since 2013. It was only 2 weeks ago that JBLU had announced a very similar partnership with the Turkish Airlines. Aer Lingus, and Qatar Airways as well as South African Airways were the other Airlines that had announced their codeshare pacts with the company since 2013.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.