1. Home
  2. >
  3. Business 💼
Posted

JetBlue Offers Concessions to Ease DOJ Concerns About Spirit Merger

  • JetBlue and Spirit announced plans to merge in July 2022, but the DOJ is suing to block the merger over competition concerns.

  • JetBlue made an agreement with Frontier to divest all of Spirit's slots and gates at LaGuardia Airport if the merger is approved.

  • JetBlue made a similar agreement with Allegiant to divest gates and slots at Boston, Newark, and Fort Lauderdale airports.

  • JetBlue is arguing these deals will maintain ultra low-cost airline competition in key markets.

  • By addressing competition concerns, the concessions may make approval of the contested JetBlue-Spirit merger more likely.

onemileatatime.com
Relevant topic timeline:
JetBlue has admitted in court filings that its proposed merger with Spirit Airlines would result in higher fares, according to a lawsuit filed by passengers and travel agents.
JetBlue Airways has agreed to sell all of Spirit Airlines' assets at Boston and Newark Liberty airports to Allegiant as part of its efforts to gain approval for its merger with Spirit.