Trending: American, JetBlue to Defend Partnership in Trial This Week
September 27 2022 - 10:47AM
Dow Jones News
10:17 ET -- American Airlines Group Inc. is one of the most
talked about companies in the U.S. across all news items in the
last 12 hours, according to Factiva data. The Wall Street Journal
reported that American Airlines and JetBlue Airways Corp. in a
trial starting this week will defend their partnership against
government allegations that they are squelching competition in New
York and Boston, and harming consumers throughout the country. The
Justice Department, along with six states and the District of
Columbia, filed an antitrust lawsuit last year to block a 2020
agreement between the two airlines to sell seats on one another's
flights along certain routes, pool airport slots, coordinate
schedules and share revenue from flights within the scope of the
partnership in the Northeast. The airlines have said that working
together would make them more viable challengers at the three New
York-area airports and in Boston. Dow Jones & Co. owns Factiva.
(chris.wack@wsj.com)
(END) Dow Jones Newswires
September 27, 2022 10:32 ET (14:32 GMT)
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