Wall Street PR

JetBlue Airways Corporation (NASDAQ:JBLU) and EL AL Israel Airlines Apply For Codeshare

Boston, MA 09/30/2014 (wallstreetpr) – According to reports, JetBlue Airways Corporation  (NASDAQ:JBLU) and EL AL Israel Airlines have decided to apply for codeshare in United States Department of Transportation. If government approves their appeal, then EL AL Airlines would be looking forward to place ‘LY’ code on the selected JBLU flights which run to/from New York. With the help of this initiative, the company will be able to expand its business in those areas of the county where JBLU has not reached. EL customers will be benefitted most from this offer.

Current scenario:

As of now, EL AL offers up to 22 non-stop weekly flights to New York from Tel Aviv. It easily fits with the business model of the JetBlue Airways Corporation  (NASDAQ:JBLU). The airline has only one stop in New York; therefore, with the help of this deal, customers of JBLU can establish a good connect between Israel and 35 destinations on which JBLU offers its services. Some of the important names in the industry are- Boston, Fort Lauderdale-Hollywood, Chicago/O’Hare, Houston/Hobby, Orlando, Las Vegas, San Francisco, San Juan, West Palm Beach  and Washington/Dulles. As per the current information, JBLU serves around 86 cities across America, Caribbean and Latin America. After the deal, customers can enjoy excellent in-flight offers and amenities of JBLU. Some of these amenities include unlimited free snacks, seatback entertainment and non-alcoholic drinks. It is also known for offering maximum legroom in coach.

According to David Maimon, CEO and President of EL AL, the entire management team is excited to expand its cooperation with JetBlue Airways Corporation  (NASDAQ:JBLU). With the help of this partnership, travelers between Israel and America will get a lot of convenient offers and discounts. The travel will be way easier between these two countries that it used to be in the past. Both the companies have been together since 2010. The recent announcement has taken the relationship between these two countries on the next level.

Published by Alan Masterson

Alan has over 25 years of trading experience in the U.S. equity markets. He began his career in finance working on a program trading desk specializing in over-the-counter stocks. His career progressed from that point to his current position as senior trader on an institutional trading desk. In the evenings, Alan teaches economics at a local community college. He has contributed articles to various publications over the last six years, including feature articles for an economics magazine and various financial blogs. You may contact Alan via his email (alanmasterson@cablemanpro.com) or his Google+ page (https://plus.google.com/103338576216002376250).