SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

US FAA Approves JetBlue's Acquisition of 22 LaGuardia Slots

The Federal Aviation Administration (FAA) has approved JetBlue Airways' purchase of 22 arrival and departure slots at New York's LaGuardia Airport from the now-defunct Spirit Airlines. JetBlue had agreed to buy the slots for $58.5 million in June.

JBLU

The Federal Aviation Administration said on Tuesday it approved JetBlue Airways NASDAQ:JBLU's acquisition of 22 slots at New York's LaGuardia airport from defunct Spirit Airlines. 5 million in June, according to court documents. The FAA said as pa…