JetBlue's share price fell on news of the move, which could eventually increase costs at the discount airline. JetBlue said in a recent securities filing that unionization was one of the biggest risks to its business.
Unionization "could result in demands that may increase our operating expenses and adversely affect our financial condition and results of operations," the airline said in the filing.
JetBlue Pilots Vote to Unionize
The Wall Street Journal. - The Wall Street Journal. - Tuesday, April 22, 2014
The pilots at JetBlue Airways voted to unionize, ending the carrier's status as one of the final nonunion airlines in the U.S.
If you have Windows 8, open this in The Wall Street Journal.