JetBlue wins Spirit’s LaGuardia slots in a $58.5 million auction, securing major capacity gains
JetBlue will pay $58.5 million to acquire Spirit Airlines’ landing and takeoff slot pairs at New York’s LaGuardia Airport, beating Frontier Airlines’ runner-up bid by about $1 million. The deal is expected to roughly double JetBlue’s allowed departures, adding up to ~12 daily flights while taking over the Marine Air Terminal.