JetBlue’s decision to choose a purchase of Spirit over a geographically limited deal with American grew more likely in recent weeks, as JetBlue declined to say whether it would appeal the Northeast…
The Justice Department won a trial in Boston last fall over the JetBlue-American partnership.
A judge ruled in May that JetBlue and American must end their Northeast Alliance, or NEA, which began in 2021, because it violates antitrust law.JetBlue agreed to buy Spirit Airlines for $3.8 billion in 2022. But the Justice Department sued to block the deal in March.Shortly after JetBlue’s announcement, American said it respects JetBlue’s decision “to focus on its other antitrust and regulatory challenges,” but it will press ahead with its own appeal in the case.
JetBlue’s decision to choose a purchase of Spirit over a geographically limited deal with American grew more likely in recent weeks, as JetBlue declined to say whether it would appeal the Northeast Alliance ruling. While the deal with American helped JetBlue grow in one region of the country, buying Spirit would let JetBlue grow quickly American said it will press ahead with its own appeal in the Northeast Alliance case.
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