Most of the time, however, mergers that seem bad really are bad.
It is in neither the investors’ nor JetBlue’s management’s interests to pick a fight with the big guys.
There was a time, back at the turn of the century, when JetBlue was a genuinely innovative airline.
In 2014, Wall Street analysts turned on JetBlue and its chief executive at the time, Mr. Barger, accusing the company of being too consumer-focused.
Unfortunately for customers, Wall Street won, Mr. Barger was thrown out and JetBlue started charging fees for all sorts of things.
Persons:
David Neeleman, David Barger, Barger
Organizations:
Ticketmaster, Sprint, Mobile, Instagram, Facebook, JetBlue, United, Wall Street, Investors
Locations:
United States, Delta, United