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US FAA approves transfer of 22 slots at New York LaGuardia to JetBlue

US FAA approves transfer of 22 slots at New York LaGuardia to JetBlue

- The Federal Aviation Administration said on Tuesday it had approved JetBlue Airways JBLU.O acquisition of 22 slots at New York's LaGuardia ​airport from defunct Spirit Airlines.

The airline agreed to purchase the slots for $58.5 million in June, ​according to court documents. The FAA said as part of its approval JetBlue is barred from trading or leasing the slots through April 2028 and it will waiver the use-or-lose requirements through April in order for JetBlue to start up service at new markets or add service.


(Reporting by David Shepardson; Editing by Chris Reese)

((David.Shepardson@thomsonreuters.com; 2028988324;))

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