I hear what you are saying.
The point is pointless but I will make it any way. With the share dilution that just occurred LH was given the opportunity to purchase more shares to KEEP the ownership percentage at 19%. If LH did not purchase new shares after the dilution LH onwership interest would have been....diluted.
I think it was a good thing that LH invested more of it's own money in JetBlue.
your 100% corect. .......!9% not 21%