Originally Posted by
thrust
Makes DAL-style profit sharing (or better) all the more essential post-COVID. Much like it was our Delta friends’ only skin in the game when it comes to all of their KLM/Air France/Virgin/AeroMexico/WestJet/Korean/etc outsourcing, it’ll be ours with this JetBlue and Alaska outsourcing.
One key difference though, a simple codeshare agreement doesn’t involve sharing revenue, whereas JVs do. Delta was/is heavy on JVs. I don’t see AA/B6 JVing anything, at least not right now, as I doubt it would be approved. In other words, neither AA nor B6 stands to gain any revenue from this other than helping to fill each others planes with traffic that may otherwise have gone to another carrier. So PS wouldn’t really be affected by a codeshare with B6 as it wouldn’t bring in B6 revenue/profit, whereas delta does (well, did) gain revenue and profit from their JVs and investment/ownership in foreign carriers.