JetBlue says it will end alliance with American to save Spirit merger deal | CNN Business

The New York-based carrier said while it “strongly” disagrees, it would not appeal the court’s ruling. JetBlue said it had informed American last week of its decision to terminate the three-year-old alliance, which allowed the two carriers to coordinate flights and pool revenue. American said on Wednesday it still planned to appeal the ruling. American is the largest US airline by fleet size and JetBlue is the sixth largest.

The “Northeast Alliance” with JetBlue helped American compete in the New York market, where it had been losing money. It allowed American to move away from unprofitable routes while maintaining a presence in New York and letting it feed traffic to its global partners who fly into the region. American has yet to spell out plans for the capacity it gave to JetBlue. The carrier could now be forced to rebuild its capacity or cut international flights out of the region.

Россия Последние новости, Россия Последние новости

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

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.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

JetBlue to end JV with American Airlines to ‘focus’ on Spirit mergerJetBlue 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...
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »