Antitrust Trial on American Airlines and JetBlue Begins
An antitrust trial on the controversial partnership between American Airlines (NASDAQ:AAL) and JetBlue Airways (NASDAQ:JBLU) kicked off on Tuesday. The partnership between the two airlines appears to have a lot at stake. Department of Justice (DOJ) lawyers believe that the partnership will lead to reduced competition and increased airfares. The partnership, which was announced in 2020, joined American Airlines and JetBlue in an alliance in Boston and New York. Incidentally, both cities are currently dominated by United Airlines (NASDAQ:UAL) and Delta Airlines (NYSE:DAL).
Antitrust Trial on American Airlines and JetBlue Begins
An antitrust trial on the controversial partnership between American Airlines (NASDAQ:AAL) and JetBlue Airways (NASDAQ:JBLU) kicked off on Tuesday. The partnership between the two airlines appears to have a lot at stake. Department of Justice (DOJ) lawyers believe that the partnership will lead to reduced competition and increased airfares. The partnership, which was announced in 2020, joined American Airlines and JetBlue in an alliance in Boston and New York. Incidentally, both cities are currently dominated by United Airlines (NASDAQ:UAL) and Delta Airlines (NYSE:DAL).