Tuesday, December 18, 2007

Lufthansa buys 19% of JetBlue

A few days ago Lufthansa opted to invest in 19% of JetBlue. It is never what it seems. I have a feeling this is Lufthansa's way of controlling the JFK market. Since the deregulation of the European routes between the U.S. and Europe, don't be too surprise if the landing slots at JFK trade between Lufthansa and JetBlue.

I remember this had happened years ago when United needed landing slots in ORD and bought Air Wisconsin. Then only to turn around and sell the airline after striping them of their ORD landing slots.

I do not think this is the end of this story, just you wait...