United Airlines stock drops as oil rises, even after JetBlue ‘Blue Sky’ bookings go live
United Airlines shares fell 3.1% to $112.71 Wednesday as airline stocks dropped on rising oil prices, with Brent crude up 1.8% to $70.02 a barrel. United and JetBlue launched cross-selling of flights on each other’s websites and apps under their “Blue Sky” partnership. Investors are watching fuel costs and awaiting more detail from United at a Feb. 18 conference. Delta, American, and Southwest also declined.