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JetBlue Airways announced today that it will sell Spirit’s assets at Boston Logan International Airport (BOS), Fort Lauderdale-Hollywood International Airport (FLL), and Newark Liberty International Airport (EWR) as it hopes to move closer to the $3.8 billion acquisition.
Reuters is reporting that Allegiant would receive two gates in Boston, five gates in Fort Lauderdale, and two in Newark, in addition to 42 takeoff and landing slots there. This is the second time that JetBlue has divested gates and slots as it had announced earlier that Frontier would receive six gates and 22 takeoff and landing slots at LaGuardia Airport (LGA).
JetBlue CEO, Robin Hayes, said:
We are committed to ensuring our combination with Spirit preserves ultra low-cost carrier access in New York. We are pleased that this agreement with Frontier will maintain the same level of ultra low-cost carrier service at LaGuardia Airport.”
Frontier CEO, Barry Biffle, added:
We’re pleased to have reached this agreement to acquire Spirit’s slot pairs and leasehold interests at New York’s LaGuardia Airport, pending regulatory approval of the JetBlue-Spirit merger. It will enable us to significantly expand our operations at LaGuardia and deliver even more ‘Low Fares Done Right’ to consumers in the greater New York City area.”
JetBlue is still moving forward with its plans to acquire Spirit. With the Northeast Alliance with American Airlines dissolved and now these moves, JetBlue is inching ever closer to getting this deal approved and becoming the fifth-largest airline in the United States.
Anthony’s Take: I think this acquisition will move forward. JetBlue might be asked to make further concessions. With all that they have invested it seems like they will likely agree and we’ll see a combined airline in the future. I just hope the Big Front Seats don’t disappear. JetBlue can market them as Mint and add additional premium offerings.
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