Dallas-Fort Worth International Airport (DFW) will turn 50 in January 2024, and it's marking the milestone with a year-long celebration that will include special events, activities and surprises.
05.12.2023 - 22:43 / thepointsguy.com / William G.Young
The antitrust trial between JetBlue and Spirit finished on Tuesday, with closing arguments from the Department of Justice and lawyers for the airlines marking the end of a monthlong trial that will decide the future of the two airlines — and potentially impact the broader U.S. airline market.
Closing arguments from both teams largely followed the same narratives that were laid out starting with opening arguments on Oct. 31. The DOJ has argued that the merger will hurt the most price-sensitive consumers, with Spirit's elimination from the market on some routes causing prices to rise.
Want more airline-specific news? Sign up for TPG's free biweekly Aviation newsletter.
Lawyers for JetBlue, on the other hand, have said that by absorbing Spirit, it could double its size and compete more effectively with the four major U.S. airlines — American Airlines, Delta Air Lines, Southwest Airlines and United Airlines — that together control about 80% of the U.S. air travel market.
The ultimate question at the heart of the trial boiled down to whether the risk of raising the lowest fares on some routes through Spirit's exit would be worth the potential to lower the average airfare across the broader market by putting more pressure on the major carriers.
JetBlue and Spirit have argued that if Spirit were to no longer exist, other ultra-low-cost carriers — such as Frontier, Allegiant, Avelo and Breeze, among others — would fill the void. The airlines plan to divest some of Spirit's holdings in certain markets (like Boston, New York and Fort Lauderdale), giving gates and slots to other ULCCs to preserve competition.
Related: Spirit saw Northeast Alliance as biggest threat to JetBlue merger, testimony reveals
The DOJ, however, has argued that despite testimony from officials at some of those other ULCCs, it's unlikely that they would seek to cover the former Spirit routes at least in the next few years, given differences in business models. For instance, Allegiant primarily flies on routes where there is no other nonstop competition, while Spirit will compete directly with legacy airlines on popular routes like New York to Miami.
There were repeated references on Tuesday to a JetBlue analysis that found the airline commanded a 30% premium on fares compared to Spirit. The DOJ has said that this is evidence JetBlue plans to raise fares; JetBlue officials have said that it was a hypothetical analysis when planning how to value Spirit for its bid, which did not reflect real-world conditions.
Throughout the closing arguments and during the rest of the trial, Judge William G. Young asked clarifying questions of attorneys for both sides. However, he cautioned that some of his queries were hypothetical and should not be
Dallas-Fort Worth International Airport (DFW) will turn 50 in January 2024, and it's marking the milestone with a year-long celebration that will include special events, activities and surprises.
Checking a bag on Alaska Airlines will get slightly more expensive in the new year.
Since the beginning of the 21st century, the United States has watched at least eight commercial airline brands disappear in a series of mergers in the industry.
Spirit is expanding its Puerto Rico schedule once again, debuting a brand-new flight from Fort Myers to the island territory.
Jamaica’s Prime Minister, the Most Hon. Andrew Holness has challenged the Ministry of Tourism to work closely with tourism partners to significantly boost tourist arrivals and strengthen linkages with other sectors, in particular agriculture. “The impact of tourism goes beyond the confines of the industry itself; it ripples through various sectors creating a web of opportunities for people. Jobs created by tourism extend into agriculture, entertainment, attractions, communications and transportation, to name a few,” noted Prime Minister Holness.
Alaska Airlines’ proposed $1.9 billion acquisition of Hawaiian Airlines, announced earlier this week, has the potential to alter the existing U.S. air travel landscape significantly. Whether that would prove to be for better or worse remains to be seen, but plenty of experts are already weighing in with predictions.
Seattle-based Alaska Airlines recently announced it plans to buy Hawaiian Airlines for the sum of about $1.9 billion—a historic deal that, if finalized, could create both benefits and setbacks for the flying public.
Think of a Wes Anderson film and the muted greys and browns of a rain-soaked day in London are not the first things that spring to mind. But the UK capital is about to host the first European exhibition of photographs inspired by the vibrant aesthetic of the American film director.
There are a handful of towns, sprinkled across the US, that celebrities love to hunker down in. There’s Montecito, the costal area around Santa Barbara, that counts Oprah and Prince William as neighbors. There’s Montana’s Gallatin county, where Jessica Biel and Justin Timberlake supposedly savor the Big Sky along with Bill Gates. And then there’s Franklin, an apple-pickin’ Americana town just outside of Nashville. Among the white picket fences and wide brick porches, a number of celebrities, mostly with country music ties, call Franklin home including Keith Urban, Brad Paisley, and Tim McGraw.
Prepping for winter requires serious effort. By the time autumn falls brisk and wet, tree squirrels are already hard at work hoarding and hiding the nuts and seeds they’ll need to sustain themselves through the coldest months. Moles are busying themselves capturing and immobilizing earthworms in underground dungeons. And acorn woodpeckers are drilling and storing up to 50,000 acorns in the dead limbs of “granary trees.”
A merger between Alaska Airlines and Hawaiian Airlines would place them as the fifth- or sixth-largest airline depending on whether the proposed merger of JetBlue and Spirit goes through.
Good morning from Skift. It’s Tuesday, December 5. Here’s what you need to know about the business of travel today.