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UPDATE 1-Norwegian Air and JetBlue plan transatlantic partnership

Thu, 17th Oct 2019 11:41

(Adds detail, background)

By Victoria Klesty and Terje Solsvik

OSLO, Oct 17 (Reuters) - Norwegian Air and New
York's JetBlue Airways have agreed to form a
partnership that will allow customers to book flights on each
others' aircraft, with a planned startup in mid-2020, lifting
Norwegian Air's shares.

Norwegian Air has shaken up the market for transatlantic
travel with cut-price fares that challenge traditional carriers
such as IAG's British Airways, but has so far lacked a
domestic U.S. partner.

The deal, if completed as intended, will let passengers
combine low fares in a single booking for flights between the
Americas and Europe, the companies said in a statement.

"Customers will have the possibility to book connecting
flights on both airlines' websites by combining the best of our
complementary and expansive networks," they added.

Norwegian Air shares were up 6.4% at 35.80 Norwegian crowns
at 1036 GMT, outperforming an Oslo benchmark index up
0.62%.
(Editing by Gwladys Fouche; Editing by Mark Potter)

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