Given the chaotic state of the airline industry, how will this affect JetBlue going forward?
Overall, they’re known as the airline that learned its lessons from the Big Boys. I’ve been asked to comment before on why the larger airlines couldn’t actively compete with JetBlue and I said that it’s hard for a dinosaur to run like a cheetah. Now the shoe is on the other foot. If this is a worst-case scenario [and it’s shown that the airline was at fault, then] the smaller airline [may be] seen as potentially less safe than a global hub airline like American Airlines (AA). The competition is fierce in the airline industry now. For them to survive and stay out of bankruptcy, it boils down to [their response to] fear, especially in a post 9/11 world.
