jetBlue Mergers and Acquisitions Presentation Deck
The Northeast Alliance turbocharges JetBlue's ability to
compete in the Northeast, already delivering consumer
benefits
ā
Spirit Board's arguments about the Northeast Alliance are baseless; the
Northeast Alliance is pro-competitive and the litigation outcome irrelevant
Northeast Alliance strategic rationale
Potential litigation outcomes
ā
Unlocks JetBlue growth in an otherwise constrained
geography, with stated commitments to grow seats at JFK
and LGA by 15% by 2025
JetBlue will fly 52 daily flights from LGA in August using
larger E-190 and A320/1 aircraft, made possible by
access to 35 American Airlines slots, which were
previously on smaller regional jets
JetBlue is committed to divesting Spirit's holdings in NYC
and Boston to address any overlap upfront
jetBlue
The Northeast Alliance trial will begin in September, and
will be decided long before the resolution of any challenge
to the Spirit transaction
Yes
Source: Cirium.
NEA determined
to be pro-
competitive
Provides judicial
support for
benefits of
JetBlue growth
Will JetBlue
win the NEA
litigation?
JetBlue-Spirit
wins
No
NEA blocked
NEA no longer
relevant to Spirit
acquisition
JetBlue expects to win the Northeast Alliance litigation, reinforcing its pro-competitive nature.
The outcome is irrelevant for the regulatory approval of the Spirit transaction
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