JetBlue Airways and American Airlines are proceeding with a wind-down of their Northeast Alliance (NEA), though the two remain split on a decision to appeal.
American said "JetBlue’s decision and reasoning confirm our belief that the NEA has been highly pro-competitive ... [we] will move forward with an appeal."
JetBlue Airways says it will divest Spirit Airlines’ assets at LaGuardia Airport to preserve ULCC access in New York with Frontier Airlines the beneficiary.
A string of new transatlantic routes being launched by Air Canada, British Airways, JetBlue and Norse Atlantic Airways are among the more eye-catching flights.
“Look, we’ve got a legal system that allows for appeal, and we’re going to do that,” CEO Robert Isom said May 31 at the Bernstein Strategic Decisions Conference
While emphasizing the value of the Northeast Alliance (NEA) it has been ordered to cease, American Airlines is downplaying potential financial impacts.