How the Jetblue, Spirit merger will impact fliers

  • 📰 FOX29philly
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

The chief executives of budget airlines JetBlue and Spirit say their deal will drive down fares for the big four air carriers that dominate the industry. However, one expert says the opposite.

in a joint announcement Thursday that the deal will drive down fares for all four major U.S. airlines that dominate the industry: American Airlines, Delta, Southwest and United.

Although the number of seats available for travel will unlikely change much, "the strategy around how to price those seats would change," Corridore said. Corridore also doesn't expect regulators to block the deal either because of the number of remaining competitors and the small market share of the combined airlines.

When combined, JetBlue and Spirit would only have a 12% market share as measured by Similarweb data on web traffic. The New York-based airline still lags behind Southwest, American, Delta and United, all of which have a higher share of web traffic, Corridore said. said the deal allows JetBlue to bring low fares and exceptional service to even more customers on more routes.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 570. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Spirit, Frontier abandon merger bid, paving way for JetBlue dealThe Frontier offer was worth more than $2.6 billion in cash and stock, far short of JetBlue's all-cash bid of $3.7 billion.
Источник: fox5ny - 🏆 587. / 51 Прочитайте больше »

Spirit, Frontier end merger bid, paving way for JetBlue dealSpirit Airlines and Frontier Airlines agreed Wednesday to abandon their merger proposal, opening the way for JetBlue Airways to acquire Spirit.
Источник: DenverChannel - 🏆 239. / 63 Прочитайте больше »

Spirit Airlines shareholders to vote on much-delayed merger with Frontier or JetBlueSpirit Airlines shareholders could pick a preferred buyer for their airline today, when they are scheduled to vote on one of the offers for the budget carrier. If shareholders reject the Frontier bid it would push for an agreement with JetBlue Airways.
Источник: denverpost - 🏆 13. / 72 Прочитайте больше »

Spirit and Frontier end merger agreement, talks continue with JetBlueFrontier is no longer in talks with Spirit after months of negotiations to try and merge, which now puts the focus squarely on JetBlue Airways and a possible acquisition by Spirit.
Источник: 10News - 🏆 732. / 50 Прочитайте больше »