JetBlue shares climb after decision to squeeze passenger legs and wallets

NEW YORK (MarketWatch) -- Shares of JetBlue Airways Corp. JBLU, +4.13% were up 4.7% in Wednesday midday trading after the airline disclosed it would add baggage fees and subtract passenger legroom in an effort to bolster its sagging fortunes. 

Next year, the company will offer tiers of pricing, including a "basic" fare option that doesn't include a free checked bag, according to media reports Wednesday. 

JetBlue was one of the few airlines that offered passengers a complimentary checked bag .... http://www.marketwatch.com