In this Jan. 23, 2020, file photo, a JetBlue Airways Embraer ERJ-190AR commercial aircraft is seen on final approach landing at JFK John F Kennedy International Airport in New York.As JetBlue prepares to begin its takeover of Spirit Airlines in a $3.8 billion deal, many are left wondering what the future holds for both airlines and their loyal customers.
Keyes said Spirit is an "anchor" in the airfare market and its low fares tend to drive down ticket prices offered by mainline carriers. While experts say the Spirit shareholder vote should pass, JetBlue is expected to face regulatory hurdles.will try to model what will happen with one fewer airline. What will that do to route structure, to load factors, capacity and fares," Ravi Sarathy, professor of International Business and Strategy at Northeastern University's D'Amore-McKim School of Business, told ABC News.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FOX29philly - 🏆 570. / 51 Read more »