JetBlue's management has been discussing joining one of the three alliances, weighing the pros and cons in trying to figure out whether the benefits would be worth the investment. Two-way code-sharing may be a step in between or it could be as far as the airline is prepared to go for a long time. “Everything is on the table, and that includes alliances longer term,” says Laurence. JetBlue has been working with members of all three—Star, Skyteam and Oneworld. In fact, Lufthansa's 2007 investment in JetBlue was based on the assumption that it would need feed in New York. That need has diminished significantly as a result of the United-Continental merger that gave the Star alliance a hub at Newark (N.J.) Liberty International Airport.
Any guesses on which alliance is most likely? I would think oneworld and Star are the most likely.