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Thread: Rumor: United consider building a new hub in the South?
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Old Feb 13, 2024 | 6:36 am
  #147  
Bear96
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Originally Posted by EWR764
Something to keep an eye on:

https://www.wsj.com/business/deals/c...stake-bfffd58b

Change is afoot at JetBlue. Shades of the 2016 proxy fight at United with Altimeter/PAR that was settled with the appointment of a better BOD (with actual airline people outside of the pre-merger CO/UA sphere) and the hiring of Scott Kirby later that year.

History probably won't repeat itself because JetBlue is in a different situation from United in early 2016, chiefly that United was coming out of a messy merger and JetBlue is in a pre-consolidation state. Icahn and company might be looking to unload certain assets. All we hear about JetBlue is how its operational reliability lags its peers, and JFK is always cited as the reason why. Watch this space...
How cryptic.

For those of us who do not have a WSJ subscription and are not familiar with your references to whatever happened in 2016, can you connect the dots and explain what "change is afoot at JetBlue" means for a possible UA hub in the South?
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