Wednesday's surprise announcement of a limited partnership between American Airlines and JetBlue Airways could be just the first step in a broader alliance. In a news conference, American CEO Gerard Arpey hinted that code-sharing and reciprocal frequent flier recognition might be in the future. As for JetBlue joining American in the Oneworld alliance, JetBlue CEO David Barger said that both airlines "are open to the path forward, whatever that may be."

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