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

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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.

 

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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.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »