19-Feb-2015 6:03 AM

JetBlue Airways to continue 'various commercial relationships' with Lufthansa going forward

JetBlue Airways CFO Mark Powers responded (18-Feb-2015) to Lufthansa's announcement it will reduce or divest its stake in JetBlue through an incentive offer for its 2012 bonds exchangeable for JetBlue Airways common stock. Mr Powers said: "Lufthansa and its board representatives have been valued professional colleagues to JetBlue for many years and we expect to continue our various commercial relationships going forward. This offer, which is a continuation of a transaction that began in 2012, will have no impact on our outstanding share count." [more - original PR]

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