JetBlue to cut some routes after judge bars Spirit purchase
From CNBC:
JetBlue Airways plans to cut some routes as it struggles to return to profitability and grapples with the fallout of its blocked plan to buy Spirit Airlines. The airline will stop flying to certain destinations and will instead focus on leisure routes, adding service throughout the Caribbean and to Paris.
JetBlue is also exiting Baltimore/Washington International Airport and will provide options for staff in the area. The changes come after a court decision blocked its $3.8 billion acquisition of Spirit Airlines on antitrust grounds, but JetBlue maintains that the route changes are in “no way” related to the judge’s decision.
The airline stated that the changes are necessary to help return the business to profitability and to improve reliability. By removing less in-demand flights, JetBlue aims to give its operation more breathing room as it plans for air traffic control challenges in the Northeast.
JetBlue’s move comes as the airline ranked 9th in on-time arrivals among U.S. airlines in the first 10 months of 2023, according to the Transportation Department.
Read more: JetBlue to cut some routes after judge bars Spirit purchase