JetBlue to end JV with American Airlines to ‘focus’ on Spirit merger

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

JetBlue Airways Corp. said late Wednesday it will unwind a joint venture with American Airlines Group Inc. in airports in the Boston and the New York City...

JetBlue Airways Corp.

JetBlue said it won’t appeal a May court ruling siding with the Justice Department regarding the JV with American, called Northeast Alliance, and the unwinding process “will take place over the coming months,” the airline said. “We will now turn even more focus to our proposed combination with Spirit, which is the best and most effective opportunity to truly transform the competitive landscape... JetBlue Airways Corp.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JetBlue won't appeal ruling to block American Airlines partnership, will focus on Spirit acquisitionA federal judge ordered last month JetBlue and American to undo their partnership in the Northeast, ruling it violated antitrust law.
Source: CNBC - 🏆 12. / 72 Read more »