Bloomberg: AmEx also divorcing JetBlue

• Fresh off news that its agreement with Costco (NASDAQ:COST) is coming to an end, American Express (NYSE:AXP) is also splitting with JetBlue (NASDAQ:JBLU) as the airline has reportedly reached a new credit-card deal with Barclays (NYSE:BCS) and MasterCard (NYSE:MA).
• The change ends a credit-card partnership that started in 2005. AXP's pact with Costco has lasted 16 years.
• Airline deals are generally desirable for card issuers as annual fees are more likely and travel awards can spur spneding.
• After hours, AXP down just 0.1%; MA +0.1%; BCS +0.2%.
• Previously: Analysts weigh in on American Express after Costco loss (Feb. 13 2015)