U.S. sues to stop American Airlines, JetBlue partnership [Reuters]
American Airlines Group, Inc. (AAL)
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Source: Reuters
March 28, 2018. REUTERS/Mike Blake WASHINGTON, Sept 21 (Reuters) - The United States and six states on Tuesday filed an antitrust lawsuit seeking to stop a partnership between American Airlines Group Inc (AAL.O) and JetBlue Airways Corp (JBLU.O) aimed at expanding their presence in busy Northeastern U.S. airports. In the lawsuit, the Justice Department asked a federal court in Boston to stop the airlines' "Northeast Alliance" partnership, announced in July 2020 and approved by the U.S. Transportation Department shortly before the end of the Trump administration. The agreement allows American and JetBlue to sell each other's flights in their New York-area and Boston networks and link frequent flyer programs in a move aimed at giving them more muscle to compete with United Airlines (UAL.O) and Delta Air Lines (DAL.N) in the Northeast. The Justice Department took aim at American Airlines, the largest airline in the world, saying the alliance would cost consumers hundreds of milli
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AAL
Earnings
- 1/25/24 - Miss
AAL
Sec Filings
- 4/11/24 - Form PRE
- 3/12/24 - Form 8-K
- 3/5/24 - Form 8-K
- AAL's page on the SEC website