Lufthansa and JetBlue Airways yesterday announced the completion of their stock purchase agreement under which the German carrier took a 19% stake in the New York JFK-based LCC (ATWOnline, Dec. 17, 2007). "With the conclusion of the financial transaction, Lufthansa and JetBlue will begin exploring innovative commercial arrangements designed to benefit both airlines and their customers," the carriers said in a joint statement.

Subscribe to Access this Entire Article

"Other News - 01/22/2008" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.