Lufthansa, JetBlue May Seek Code-Share

COLOGNE, Germany (TheStreet) - German airline Lufthansa plans to seek regulatory approval to form a "code-share" agreement with JetBlue(JBLU Quote), a report says.

The two companies plan to file their request with the U.S. Department of Transportation as early as Monday, the Financial Times reports, citing people familiar with the matter. Lufthansa, Europe's second-largest airline, bought a 19% stake in JetBlue last year.

Lufthansa's move is seen as an effort to broaden its footprint at John F. Kennedy International Airport in New York, one of the world's top international airports. JetBlue, which owns many take-off and landing slots at the airport, could benefit from the arrangement by persuading more U.S. passengers to choose it for trans-Atlantic travel, the newspaper notes.

-- Reported by Joseph Woelfel in New York .

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