JetBlue Airways (NASDAQ:JBLU) is reportedly exploring potential merger partners, a move that comes amid broader consolidation trends in the US airline industry, according to analysts at UBS, who believe increased M&A activity could support a healthier industry over the long term. JetBlue, which maintained a strong balance sheet and double-digit EBIT margin before the COVID-19 pandemic, has faced challenges in recent years, including rising fuel costs, competitive pressures, and engine issues.