Lufthansa: JetBlue Deal's Not About the Money

Stock quotes in this article: JBLU , AMR , DAL , CAL  

Meanwhile, Continental(CAL Quote) operates a competing international hub at Newark.

American is in the Oneworld alliance, while Delta and Continental are in Skyteam.

The Star Alliance drew attention this week, formally welcoming two major Chinese airlines -- Mayrhuber attended the ceremony in Beijing -- and announcing that Air India will also join.

China is nice. India is good, too. But it would help to have New York.

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