1.
U.S. markets recover from steep losses
NEW YORK, Jan. 31 (UPI) -- JetBlue Airways Corp. and Aer Lingus Group PLC plan to announce a partnership Friday linking their reservation and booking services on the Internet.
"This is totally new. It's electronically linking two carriers," said JetBlue Chief Executive Dave Barger.
Industry analysts say cooperation between two air carriers is a rare event, because the combined ticket revenue stream is expensive to manage, The Wall Street Journal reported.
It will be manageable between Aer Lingus and JetBlue, because both have Web-based systems, the report said. "The accounting of this is a cinch," said Edna Corneille, corporate affairs director at Aer Lingus.
By merging reservation systems, Aer Lingus can add 40 new target destinations to the seven U.S. cities it already serves. JetBlue, the 8th largest U.S. carrier with 550 flights a day, expects to attract more foreign business, the report said.
|
|
|
|
|
|
| Additional Business News Stories | |
CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
|
ORLANDO, Fla., May 23 (UPI) --
The U.S. Air Force has added Lockheed Martin to its list of companies for support of its medical services worldwide.
|
The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
|
What if Europe turned out to be the new Japan?
|
| Stories | Photos | People | Comments |
View Caption
