The fifth largest airline was born in the United States

Recently American Airlines JetBlue Airways Agree to buy Spirit Airlines for $ 3800 million, which led to the creation of Fifth largest airline United State.

In order to proceed, the deal must first be approved by that country’s antitrust regulators.

The announced agreement was the culmination of The “war” of offers that lasted for monthsIt comes two days after Spirit’s attempt to merge with another airline, Frontier Airlines, finally collapsed.




union. Airplane and logos of Spirit Airlines and JetBlue Airways. Photo by Reuters/Dado Rovich

Consequently, Spirit Airlines CEO Ted Christie has been pushed into the awkward position of defending a sale to JetBlue afterward. strongly argue against From that, saying that antitrust regulators would never allow that to happen.

“Obviously there’s been a lot of talk over the past couple of months, always with stakeholders in mind,” Christie said in an interview with CNBC. “We’ve listened to the folks at JetBlue, and they have a lot of good ideas about their plans for that.”

More competition, lower fees

JetBlue’s argument for regulatory approval is that its size puts it in a better position to force larger airlines to do so Fee reduction of the lanes.

JetBlue Airways has announced its intention to buy low-cost airline Spirit Airlines, which will create the fifth largest airline in the United States.  Photo Justin Sullivan / Getty Images / AFP


JetBlue Airways has announced its intention to buy low-cost airline Spirit Airlines, which will create the fifth largest airline in the United States. Photo Justin Sullivan / Getty Images / AFP

In addition, he offered to abandon take-off and landing slots at airports in major cities, such as New York, Boston, and Miami, in favor of Spirit.

For his part, JetBlue CEO Robin Hayes said that these concessions will allow other low-cost airlines, including Frontier, to strengthen their presence and thus increase competition.

However, the real issue here is clearly what we can do in the United States More competitive aviation industry “We think the most disruptive and effective thing we can do is build JetBlue that is bigger than we can do otherwise,” Hayes said in an interview with the Big Four.

Together, JetBlue and Spirit will have about 9% of the market Air travel to the United States. For their part, US, United, Delta and Southwest airlines control about 80% if international flights are included.

Spirit check in booths in Oakland, California.  JetBlue said it will raise wages for Spirit employees.  Photo Justin Sullivan/Getty Images/AFP


Spirit check in booths in Oakland, California. JetBlue said it will raise wages for Spirit employees. Photo Justin Sullivan/Getty Images/AFP

Hayes said Spirit’s planes will be converted to a JetBlue configuration, which will allow more legroom and mean there will be fewer seats for sale per flight. Also announced that JetBlue Increase employee salaries from the soul.

From California and Detroit

JetBlue and Spirit have discussed the deal over the past few weeks, as shares in Florida-based Miramar are up 4% in the past few hours to $25.31, still below the price offered by JetBlue.

While JetBlue shares fell 2% and shares borderSeen as beneficial if Spirit disappears as a low-cost competitor, it is up 19%.

JetBlue began operations in 2001 in California.  AP Photo/Wilfredo Lee, File


JetBlue began operations in 2001 in California. AP Photo/Wilfredo Lee, File

JetBlue Airways is a low-cost airline owned by JetBlue Airways Corporation and has Corporate offices in Forest Hillsnear Queens, New York. Its main base is located at John F. Kennedy Airport in New York.

Work started in 2001 From Long Beach Airport in California, and in 2004 it was extended to Boston, Massachusetts, to later expand operations to Fort Lauderdale (Miami), Washington and Orlando (Florida).

Its main market is domestic flights within the United States, but it also has services to the Bahamas, Bermuda, Puerto Rico, Mexico, Costa Rica, Guatemala, and the Dominican Republic in North and Central America. Meanwhile, in South America, it reaches Colombia, Ecuador and Peru.

from your side Spirit AirlinesWhich today is distinguished by its yellow planes with black letters, Started in 1980 in Detroit As “Charter One,” with flights to leisure destinations such as Atlantic City, Las Vegas and the Bahamas.

Spirit Airlines was born in 1980 in Detroit as Charter One Photo Justin Sullivan / Getty Images / AFP


Spirit Airlines was born in 1980 in Detroit as Charter One Photo Justin Sullivan / Getty Images / AFP

It changed its name from Charter One to its current name in May 1992, with new fleet and service changes from Detroit to Atlantic City.

And although it has grown significantly over the years, today it does not have a good rating, overall It is considered among the worst airlines regarding passenger complaints.

JetBlue and Spirit will continue to operate independently until the deal is approved by regulators and Spirit shareholders, separating loyalty programs and customer accounts.

Source: Ansa

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