Thread: LOA17 is out
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Old 03-28-2022 | 12:51 PM
  #287  
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todd1200
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Originally Posted by ReachHeavy
Or just vote Yes, pocket 3% and change now and put this behind us and focus on the new contract.
Voting Yes could put plans for significant growth behind us. According to government attorneys,

“JetBlue will share revenues that American earns on transatlantic service to and from Boston and New York City. Thus, any effort by JetBlue to undercut American on price would reduce the revenues JetBlue earns under the revenue-sharing arrangement. As a consequence, JetBlue will have less incentive to compete aggressively with American in those markets, whether by lowering fares or improving service. JetBlue will also have less incentive to enter new transatlantic markets where it would compete with American.” (emphasis added)
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