JetBlue stock rose on potential United Airlines partnership, despite loss

From Nasdaq: 2025-05-02 06:21:00

JetBlue shares have been on the rise following speculation of a potential partnership with United Airlines. Despite reporting a loss-making quarter, JetBlue’s stock price climbed nearly 13% week to date. Revenue for the first quarter totaled $2.14 billion, with a net loss of $208 million. The proposed partnership with United Airlines would focus on connectivity for fliers and frequent-flier miles, rather than scheduling and pricing. Investors are cautiously optimistic about the potential benefits for JetBlue, but government antitrust officials may pose a challenge.

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Read more at Nasdaq: Why JetBlue Airways Stock Was Climbing High This Week