JetBlue Offers Concessions to Allegiant and Frontier to Save Spirit Acquisition

JetBlue agrees to sell Spirit's assets in Boston and Newark to Allegiant to win regulatory approval for its acquisition of Spirit. This includes gates and takeoff/landing slots.
JetBlue will also give up gates at Fort Lauderdale airport to facilitate Allegiant's growth there.
The DOJ sued to block the $3.8 billion JetBlue-Spirit deal, saying it is anticompetitive. Trial set for October.
JetBlue previously agreed to divest all of Spirit's slots at LaGuardia to Frontier Airlines.
JetBlue ended its alliance with American Airlines in July after a judge's order, arguing this makes DOJ concerns over the Spirit deal moot.

reuters.com

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