|Bid||12.70 x 3100|
|Ask||12.71 x 4000|
|Day's Range||12.08 - 12.76|
|52 Week Range||11.85 - 22.35|
|Beta (5Y Monthly)||1.55|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 19, 2022 - Oct 24, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 04, 2020|
|1y Target Est||16.86|
Yahoo Finance's Brad Smith and Akiko Fujita discuss JetBlue and American Airlines defending their partnership in the Northeast U.S. as an antitrust case begins.
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JetBlue Chief Executive Robin Hayes staunchly defended his company's alliance with larger rival American Airlines on Wednesday, denying the U.S. government's allegations that the agreement would defang the low-cost carrier. The U.S. Justice Department, six states and the District of Columbia are urging a federal judge in Boston to force the two carriers to scrap their Northeast Alliance (NEA), calling it a "de facto merger" of their Boston and New York operations in which they coordinate flights and pool revenue to the detriment of travelers, who face $700 million in extra annual costs. Hayes said that JetBlue did not consult with American on pricing in the northeast or anywhere else, and did not pull its punches in competing with American.