JetBlue wins Spirit slots at LaGuardia, considers moving terminals
CNBC • • business
Key Points:
- JetBlue Airways has secured Spirit Airlines' slots at New York's LaGuardia Airport, aiming to return to Spirit's former terminal, the Marine Air Terminal, pending court and regulatory approval.
- The slots allow for 12 round-trip flights and are highly valuable due to LaGuardia's congestion and limited capacity for airline growth.
- JetBlue plans to evaluate its network strategy before expanding at LaGuardia, with any growth expected to begin in 2027.
- The airline is currently reducing staff at LaGuardia and Newark airports while expanding operations at Fort Lauderdale-Hollywood International Airport.
- Spirit Airlines' assets, including these slots, are being processed through U.S. Bankruptcy Court following Spirit's recent collapse.
