
JetBlue Airways Corp and its low-cost rival Spirit Airlines agreed on Monday to significantly boost seat capacity at Florida airports and add 1,000 jobs in the state to resolve state antitrust concerns about a $3.8 billion merger deal.
If completed, the merged airline must increase seat capacity by at least 50% in both Fort Lauderdale and Orlando airports and must increase aggregate seat capacity at all other Florida airports in which either currently operate by at least 50%, Florida Attorney General Ashley Moody said, adding the “commitments will bring hundreds of new daily flights to Florida.”
Source: Reuters