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Stock impact report

Transportation Secretary Says Admin Open to Airline Mergers [Yahoo! Finance]

JetBlue Airways Corporation (JBLU) 
Last jetblue airways corporation earnings: 1/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.jetblue.com/investor-relations
Company Research Source: Yahoo! Finance
In an interview on CNBC , Duffy was asked if he'd like to see more mergers in the sector, given the rising cost of jet fuel and the gap in profitability between larger airlines and smaller ones. "That's going to come through us, but also President Trump, he loves to see big deals happen," he replied. Duffy noted that there's "always chatter" in the industry about possible pairings, but said he believes there is room for "some mergers in the aviation industry." "Even here in the United States?" asked correspondent Phil LeBeau. "Yeah, I think so," Duffy said. "There's a lot of chatter and a lot of different people are talking amongst themselves about what that would look like. I'm going to wait and see if there's a deal brought to the table." Any potential merger would have to be evaluated based on its potential impact on consumers and the nation's overall economic competitiveness, the secretary added. When asked by LeBea if he would be OK with a deal that boosted a single Show less Read more
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