FAA clears JetBlue takeover of former Spirit slots

The Federal Aviation Administration (FAA) has given its approval for JetBlue Airways to acquire the take-off and landing slots previously held by Spirit Airlines at New York’s LaGuardia airport. This transfer encompasses twenty-two specific slots, a result of JetBlue's victory in a bankruptcy auction. Crucially, JetBlue is prohibited from leasing or selling these acquired slots until 2028, according to FAA regulations. The acquisition represents a significant expansion of JetBlue’s operational capabilities within one of the busiest airports in the United States. US regulators are expected to finalize this transaction following the FAA’s clearance announcement.