The two carriers announced ... [+] Thursday they're forming a new partnership focused primarily on New York City and the Northeast. (JOE RAEDLE/Getty Images) Getty ImagesWill its new partnership with JetBlue make American Airlines the once and future king of New York? For American, the JetBlue partnership effectively replicates on the East Coast the West Coast-focused strategic relationship it agreed to create with Alaska Airlines early this year. Still, because of the sheer size of the New York City air travel market, and its well-above average economics, New York remains a very important market for U.S. carriers. American, in effect, gave up trying to win back its leadership position in the New York market after it was acquired by the former U.S. Airways in 2013.

Source: Forbes July 17, 2020 09:56 UTC